tag:blogger.com,1999:blog-5526768924178592295.post1206958857519126947..comments2024-03-27T20:54:52.544-07:00Comments on Rural Revolution: Too small to failPatrice Lewishttp://www.blogger.com/profile/06012022335047974670noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-5526768924178592295.post-87701868217905733642014-11-25T12:06:14.974-08:002014-11-25T12:06:14.974-08:00People are not stupid, but sometimes their decisio...People are not stupid, but sometimes their decisions are.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-65645376371391920812014-11-25T08:59:02.816-08:002014-11-25T08:59:02.816-08:00People do not get into financial trouble for being...People do not get into financial trouble for being "stupid." They get into financial trouble because of "ego." They want instant gratification rather than delayed gratification. They hooked into the lie that you are nothing unless you have, buy, vacation...(fill in the blank). <br /><br />We are also bombarded with "threats" to how bad things will be when our money collapses. While it will be much worse for those who are in debt over those who are "prepared," it will not be a walk in the park for anyone. It is designed that way. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-54466922560690971702014-11-24T15:00:29.835-08:002014-11-24T15:00:29.835-08:00Agreed. I wouldn't feel a sense of accomplishm...Agreed. I wouldn't feel a sense of accomplishment over making everyone else pay for my stupidity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-74920254901224288952014-11-24T11:23:10.731-08:002014-11-24T11:23:10.731-08:00Banks are Evil and he and his wife are the Victims...Banks are Evil and he and his wife are the Victims.He "paid average out to 60% of what was owed." Where does he expect the other 40% to come from that he legally owes the bank? The government bailout that he grumbles about is what was needed to rebalance the books from the people that filed bankruptcy and only repaid 60% of what they owe on their debts! We are becoming a nation of Victims in every aspect of the word. He used the words "war" and "battle" against the banks. The banks gave him the credit cards he asked for, the banks loaned him the money he asked for, they held up their end of the bargain. When it's time to repay, now he is crying foul!! No!! We are a nations of victims because we don't want to take responsibility for our mistakes and make them right! Instead of going to "war" they both should have gotten 2nd jobs! Don't hail people like this the hero's Patrice! You just encourage others to become victims too!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-40840964470929225912014-11-24T11:09:44.326-08:002014-11-24T11:09:44.326-08:00hey while I do all the financies in the house, I a...hey while I do all the financies in the house, I am also the<br />scrooge. I hate to spend money. I would be happy if Christmas<br />presents did not even happen in our house. Now with that being<br />said, I think that I have cut back on the credit card is because of<br />inflation. I don't buy as much because it doesn't go as far.And I<br />mean things that we need.<br />but the house payment and other bills get paid first. And we didn't<br />go over our heads with the house either when we bought it. I said<br />no to a nicer house because I was not happy with the payments.<br />But there are very few people like me and both people then should do all the money<br />Blessings<br />DebbyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-78406930236519877862014-11-24T08:35:45.922-08:002014-11-24T08:35:45.922-08:00I had a problem with the way he portrayed that as ...I had a problem with the way he portrayed that as well. One big sticking point for me, and maybe it's just a lack of comprehension on my part, was it seemed like they negotiated with the credit card companies to not pay back all of the gambling debt. This is one of my big problems with the way a lot of people think today. I can run up debt and then tell them I can't repay it and they'll just be happy to get what they get. If you want to know why credit card companies charge 25% interest this is it. When I was in college and got my first credit card the interest rate was 12%, I had zero credit rating because my bank was a small town bank that kept everything in house and didn't report anything to the credit bureaus unless absolutely necessary, or you requested them to. The CC companies have taken such a beating on people basically grifting money off them that they've had to jack the interest rate up on everyone to make up for it, which makes it harder for people who get a little behind to catch up and the downward spiral begins. This is the same spiral you see in health insurance, retirements, govt programs, etc.rugby1725https://www.blogger.com/profile/09646343396212067950noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-15288623345644760122014-11-23T19:01:04.963-08:002014-11-23T19:01:04.963-08:00We went on the Dave Ramsey 'diet' several ...We went on the Dave Ramsey 'diet' several years ago and became debt free (including the mortgage) two years before hubby retired at age 58. Two high school graduates (no college degrees or debt) raising four children .. one special needs ... all on one income. It can be done. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-73861091011175879422014-11-23T15:18:20.558-08:002014-11-23T15:18:20.558-08:00My wife and I are on the Dave Ramsey plan ourselve...My wife and I are on the Dave Ramsey plan ourselves. It is tough, but we are making huge headway. We constantly talk about and dream about the day that we make our last payment. That should be in just over a year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-82071845618325358402014-11-23T14:01:44.939-08:002014-11-23T14:01:44.939-08:00I believe your assessment is 100%. No one begs pe...I believe your assessment is 100%. No one begs people to buy a house or take on too much debt. Sure tv and peer pressure can be applied but each of us has a choice to say no.JMDhttps://www.blogger.com/profile/03639819967286148205noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-15315566765380544932014-11-23T13:36:08.297-08:002014-11-23T13:36:08.297-08:00There were friends we knew where the husband would...There were friends we knew where the husband would give the wife money to pay the bills (rent, phone, electricity and such) but she would spend the money on other things. This went on for a long time. The husband got a call from all of the companies threatening to shut off the phone and other things. He had no idea what was going on. He paid all the bills and his wife came clean on what she was doing with the money. He asked my husband if he should divorce her. My husband told him that they should work it out and not trust her with the money for a while. They are still together and the trust is back in their marriage. Would have been sad for a family with two boys to be wrecked.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-45063570330383899782014-11-23T10:11:17.426-08:002014-11-23T10:11:17.426-08:00I read the article and felt pretty much like you d...I read the article and felt pretty much like you do. But one difference for me. He seemed to think the banks were the problem. He fell into the convenient excuse of blaming faceless and nameless "banksters". I have owned numerous homes and borrowed money but I have never had, seen or heard of the banks taking advantage of anyone. It is common, maybe even necessary that people blame someone especially when they themselves are to blame for their problems. <br />It wasn't banks that caused the housing bubble that crashed down on us in 2009. It WAS government, Dood and Frank in particular who forced rules upon banks and also created the biggest subsidy for people who couldn't afford homes. The banks didn't do it. Now at a much higher level, the world bank and the FED these people have caused us problems but they are NOT a bank they are a political entity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-29813477747212202772014-11-23T09:03:51.894-08:002014-11-23T09:03:51.894-08:00My husband and I had our very own crisis on Januar...My husband and I had our very own crisis on January 1, 2005 when he had an auto accident while on duty as a deputy sheriff. I wrote a two part post titled Before President Obama. We learned that government and its response could not help us, the little guy, and I shared what we did. <br /><br />Jennifer<br />http://doublenickelfarm.blogspot.com/2012/09/before-president-obama-part-1.htmlHumble wifehttps://www.blogger.com/profile/02823200562312609670noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-48730752966020725412014-11-23T08:26:19.971-08:002014-11-23T08:26:19.971-08:00I have heard many claim that when it goes down the...I have heard many claim that when it goes down their debt won't matter because they will be in the same boat as everyone else. Makes one wonder what that boat is going to be exactly. If we have mass debt forgiveness or things fall to the point that no one can ever collect perhaps they are right. Being out of debt feels wonderful but you take your licks staying that way. No flashy cars, no McMansions, no weekend boat or long trips to exotic places, reduced social esteem with friends and neighbors. Something makes me wonder when and what form the true debt payoff will look like for the nation of debt slaves we have.<br />PioneerPreppyhttps://www.blogger.com/profile/09269878017447335944noreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-31353107072709442032014-11-23T08:24:54.364-08:002014-11-23T08:24:54.364-08:00I read the posts on survival blog and immediately ...I read the posts on survival blog and immediately thought of Dave Ramsey. I've not read his books but thoroughly enjoy his radio show. To my recollection, I've never heard him counsel a couple to have one person be in charge of financial matters, it's usually "you and your wife sit down and make a budget". Both. The task is easier when both are harnessed to it and accountable to the other. <br />We have counseled our children that having no debt is the best gift you can give your children. Your parenting is more relaxed, you have more time, you sleep better which only leads to better interactions during the day. It follows then that the other "best" gift for a parent to give littles is time; this is far easier when one is not strapped with debt and also implies that the parent not need to buy anything on a credit card as a gift. I can remember board game days and nights, family fun but remember only a few gifts that I received as a child (my basic microscope is an exception!).<br />Have a lovely day in north Idaho, Patrice.<br />sidetracksusieAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5526768924178592295.post-91014591654056170302014-11-23T07:04:21.912-08:002014-11-23T07:04:21.912-08:00I like that, too "To small to fail." :) ...I like that, too "To small to fail." :) Setting up our little homestead last year we accumulated some debt. Not lots, but more than we're comfortable with. We're on track to have it completely paid off by Christmas.Anonymoushttps://www.blogger.com/profile/16750292879037409647noreply@blogger.com