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Brown Cafe UPS Forum
Life After Brown
A lesson for the younger generation
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<blockquote data-quote="rod" data-source="post: 1464311" data-attributes="member: 5382"><p>I saw a mortgage foreclosure notice in the paper the other day that stated that a friend of mines house was being foreclosed on. This is a 30 year retired UPS driver who we all knew never saved a dime over the years. He didn't contribute to any Thrift Plan or 401K or any savings program, but he always had a top of the line NEW pick-up and a fancy boat and took out a $235,000 loan on his house 8 years ago. The notice in the paper said he owes $268,000 on it now. Just how dumb can a person be. I refuse to feel sorry for him. He has been married 3 times and is in the process of getting a divorce again. Please let this be a lesson to the younger generation. Save for your retirement and stay out of deep debt.</p></blockquote><p></p>
[QUOTE="rod, post: 1464311, member: 5382"] I saw a mortgage foreclosure notice in the paper the other day that stated that a friend of mines house was being foreclosed on. This is a 30 year retired UPS driver who we all knew never saved a dime over the years. He didn't contribute to any Thrift Plan or 401K or any savings program, but he always had a top of the line NEW pick-up and a fancy boat and took out a $235,000 loan on his house 8 years ago. The notice in the paper said he owes $268,000 on it now. Just how dumb can a person be. I refuse to feel sorry for him. He has been married 3 times and is in the process of getting a divorce again. Please let this be a lesson to the younger generation. Save for your retirement and stay out of deep debt. [/QUOTE]
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A lesson for the younger generation
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