Originally Posted by gfh77665
The VAST majority of bankruptcy is self inflicted. Not just "the elderly", but across the board people believe in DEBT, and they do not believe in living within their means. I always used delayed gratification. I did not go out and buy an expensive car when I was 20. I saved, bought a modest car, and built on from there. I stayed out of debt my entire life. The economy is good, record low unemployment. You can work if you want to.
Work. Save. Pay your bills. Its not that complicated.
OH MY GOD! YOU GOT TO BE KIDDING ME!!?!?!??!
Im not the only one on planet earth that actually believes people need to stand on their own two feet, for goodness sakes people, stop borrowing and buying things you can not afford! If you have to borrow money from someone, then guess what? You CANT afford it!
Really simple concept people, think about it.
Start learning, teach your kids right! An EXCELLENT way to start is Dave Ramsey show.
Im sick of excuses, people who borrow money and then cant pay it back, its got so bad now, that automobile ads do not even list the price of automobiles!
They list the price of the payments!
HOW MANY PEOPLE REALIZE IF A PAYMENT IS $400 A MONTH THAT YOU ACTUALLY NEED (in rough numbers) to make $500 a month to pay the $400.
Yes, $500 of you paycheck = $400 after taxes etc.
Click - Educate yourself
Repeat - If you have to borrow money from someone then you can not afford it or were too lazy to save up for it.