Posted on 12/12/2011 3:58:25 AM PST by TigerLikesRooster
P!
Last month, they combined and refinanced their mortgage and home equity loan, lowering their payment to $1,600 a month from $2,175. Gone are the vacations and gym memberships.
Uh... is it me or is this just ridiculous? I mean, wait.... you're unemployed for 2 years and you're still holding on to a new car that saps you for $480 a month? As for the gym memberships, well let me wring out my handkerchief. I swear, people... just because you get a job doesn't mean you should immediately buy the biggest house you can, the newest car you can, and go hog wild. It seems like even people earning combined over $100,000 per year live month to month, swelling their expenses to meet their income, pushing it to the limit.
LLS
President NoJobs...that nails it!
It’s called living within your means. My parents taught brother and me to buy only what we could afford and to save for that proverbial rainy day. Apparently, these things aren’t taught anymore. Today we live it up and if the money dries up, no problem. The government will take care of us.
Yeah. I mean... I guess I should remember that for a while, I too went a little hogwild. I realized where I was headed and pulled up the reins in 2008, as I watched the economy begin to sink. I can’t figure out why other folks just went right on spending. I mean, in all honesty, I am NOT the brightest bulb when it comes to money. But geez, even *I* could see what needed to be done. And if I can figure this out, anyone should be able to.
The other day our local McDonalds has a help wanted sign posted: FOR 10 POSITIONS....just saying...you do what is necessary...and a $480/mo car payment....get real!
The first thing I would lose is the $480/month car payment and the gym membership (you can run in your neighborhood for free). And that’s just the stuff they listed. How many times do they eat out per week? Do they have cable TV? Mr. Parks should use some of his project management skills to control his household budget.
True... and sickening.
LLS
At which point, according to the gov't bean-counters, he will no longer be "unemployed".
The entitlement mentality seem to reach into many income ranges.
Meanwhile, there is a shortage of truck drivers.
It takes a shift in attitude. Change means the status quo is abolished. That means old engineers must find something else to do. It can be radical like driving a truck or less so and using the ancillary skills as primary skills.
The secret is to get out of the rut by looking over the edge at the possibilities.
“”If the unemployed do not have money to spend, then spending in the economy is going to decline. Providing unemployment benefits is one of the effective ways to create jobs,” said Lawrence Mishel, head of the liberal Economic Policy Institute in Washington.”
Lets give everybody unemployment payments, that will absolutely make the economy roar. Then no one will want or need jobs. The unemployment rate will be ZERO! Is government great or what? I love liberal logic, it always turns out well when their ideas are implemented.
(/gargantuan amounts of sarcasm off)
Wonder when Obama going to issue shopping carts?.
Mr. Parks should use some of his project management skills to control his household budget.
Did you notice that his gig was "civil engineering"? Usually that is infrastructure, which means that the money is "government" and comes from the magic money stash which means zero accountability and lots of waste and grift.
Dittos, his spouse is another government drone, worse still, a teacher, which means that both have been living off the teat and have no idea of the value of money since neither has had to actually earn what they are in real terms worth.
Maybe he can ditch the $480/mo car and the gym membership and pick up a Huffy bicycle, some cargo straps at Walmart and study TRX videos on YouTube (at the library) to work out like a "Navy SEAL" and save more than a half grand each month.
Its interesting to see how people will throw good money after bad when their "investment" home "loses 30%" of its highest recorded market value. When and for how much did he buy his home? Is it a home or an investment? If it is an investment, after suffering a 30% hair-cut in a continuing falling market, one would give up on that buy and hold strategy. If it is a home, then get out and move to a home that offers him an income so he can keep his precious car and gym membership.
Its this insipid "Hope & Change" that leads people into hard-core dependency. They optimistically "Hope" that a high paying, low stress, low responsibility job will magically appear across the street so that they can sit back and continue to live a life contrary to reality. And you and I are expected to underwrite the daily living costs and felt needs in the interim. We are literally paying for their false dream.
Don’t hold back.
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