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Housing crash fuels rise in card debt
http://abcnews.go.com/Business/story?id=4331189&page=1 ^

Posted on 02/23/2008 12:00:19 PM PST by traumer

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To: nmh

Calling Dave Ramsey, Calling Dave Ramsey, the nation needs you now ...


21 posted on 02/23/2008 2:28:45 PM PST by tbw2 (Science fiction with real science - "Humanity's Edge" - on amazon.com)
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To: Emperor Palpatine

Great graphic!


22 posted on 02/23/2008 4:14:13 PM PST by nmh (Mike Huckabee the "religious" humanist that pushes socialism! (Clinton/Carter combo))
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To: RightWhale

“Secure your retirement first. Then think about house and family.”

What if you starve/freeze to death before retirement age comes around?


23 posted on 02/23/2008 4:58:39 PM PST by devere
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To: devere

What if you live to retirement and have none?


24 posted on 02/23/2008 5:00:07 PM PST by RightWhale (Clam down! avoid ataque de nervosa)
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To: RightWhale

“What if you live to retirement and have none?”

The traditional answer is the family you raised will care for you. And of course there is Social Security, Medicare, and Medicaid. But on the whole I agree with Paul Harvey when he said “Retiring is just practicing up to be dead. That doesn’t take any practice.”


25 posted on 02/23/2008 5:18:06 PM PST by devere
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To: nmh

Feel like idiots. You probably are idiots.

That is to say, you could live like a king, spend like not tomorrow, go way deep into debt to fund your partying, travel and buying binge, then have the government bail you out in the end.

Instead, you are saving your money only be pay taxes that will be used to bail out the “smart people” who spent and got deep into debt. Your money will soon go to them.

Yep, you are an idiot. Welcome to the club. Nice guys finish last, that is for sure.


26 posted on 02/23/2008 6:57:57 PM PST by Freedom_Is_Not_Free
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To: Freedom_Is_Not_Free
The only problem is I know better ... it’s wrong for me to be irresponsible. I answer to a higher calling. What I do on earth is probably idiotic and stupid by most that have the religion of irresponsibility. I don’t worry about it ... just a working stiff ... .
27 posted on 02/23/2008 7:08:29 PM PST by nmh (Mike Huckabee the "religious" humanist that pushes socialism! (Clinton/Carter combo))
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To: nmh

Hey, I’m an idiot to. Its better to follow your conscience and be able to sleep at night than to live well on ill gotten gains.

What profits a man if he gaineth the world but loseth his soul.


28 posted on 02/23/2008 7:27:50 PM PST by Freedom_Is_Not_Free
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To: Freedom_Is_Not_Free

Hey, I’m an idiot to. Its better to follow your conscience and be able to sleep at night than to live well on ill gotten gains.

What profits a man if he gaineth the world but loseth his soul.


That’s the way I look at it.

One of my favorite verses ... keeps me in line.


29 posted on 02/23/2008 9:30:01 PM PST by nmh (Mike Huckabee the "religious" humanist that pushes socialism! (Clinton/Carter combo))
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To: WVNan
We knew how to cut expenses to the bone and how to survive whatever the situation. Those skills were honed by growing up during the Great Depression and the Great War II.

You and your husband are members of a great generation of Americans, and I admire you. My dad hit rock bottom several times in his life, and pulled himself back up each time. His father died when he was born, leaving the family penniless. His mom died when he was young, after struggling to feed 3 boys. Somehow he and his brothers survived the Depression. My Dad's first wife died right after marriage. WWII came and my Dad joined the Army Air Corp. He managed to survive that and the Korean War, and went on to raise a family of 5 kids. Unfortunately he died when I was a teen but I learned enough from his example that I would make something of myself, and try not to be a burden to anyone else.

30 posted on 02/24/2008 12:42:15 AM PST by roadcat
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