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Now doesn't this sound more practical? - Printable Version

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RE: Now doesn't this sound more practical? - Guest - 09-30-2008

Nancy, Rusty,

That is what I am talking about!
Sure your, 1st place aint gonna be the Taj Mahal, but you are proud of it and it is yours.
Today it has become the norm that a kid borrows the money to go to college and is strapped with debt from the get go.
Then he buys a brand new car on easy credit and then gets a mortgage or gets an apartment that is way nicer than what he can afford on what's left over from his pay check after paying his bills which includes credit card debt for a 42 inch tv, his 100/ month cable bill etc. Our society makes people have false pride. That is were they are afraid that people will look down on them for not having lots of the newest stuff. Or they would think less of him because he is delivering pizzas or mowing grass on the side to make some extra cash.

All he is doing is making creditors wealthy and will never be able to buy his own place because he will never be out of debt. At the same time he never learns how to use a hammer and turn a wrench. He has become nothing but an effete shell of a man and a tool to the bankers.



RE: Now doesn't this sound more practical? - Daniel - 09-30-2008

As a child growing up I remember building our house step by step, pay check to pay check. It took about two years but we did it and had a large beautiful home to live in. I intend to do the same. I will not have loan for my house, ever. If you don't know how to build, LEARN! If I can do it, you can do it.

Daniel R Diamond


RE: Now doesn't this sound more practical? - nanasohana - 10-01-2008

Daniel, thats so great you get that at a young age.
Aloha,
Nancy


RE: Now doesn't this sound more practical? - ika - 10-01-2008

so while you are working to save money where do you live?is it better to pay rent or get a loan to buy a house.in most markets a loan payment is the same as renting but with renting you will not benefit like owning a house.what about a school loan most Americans cant pay for tuition for college for there kids,education coast is on the raise