I've always tried to live within my means. The house I bought was only 150k and I financed it 30 yr fixed. My cars are paid for. I saw everyone else buying houses for 300k, interest only mortgages and taking out lines of credit to buy expensive cars. 5 years later, its all caught up to them. No more interest only mortgage payment and they are unable to sell the place. Now they are screwed. It's really all about living within your means.
I've always tried to live within my means. The house I bought was only 150k and I financed it 30 yr fixed. My cars are paid for. I saw everyone else buying houses for 300k, interest only mortgages and taking out lines of credit to buy expensive cars. 5 years later, its all caught up to them. No more interest only mortgage payment and they are unable to sell the place. Now they are screwed. It's really all about living within your means.
And so much for Barney Fwanks rescue plan! That was a $700 million waste of our money.
wasn't $700 million the first proposal that the Republicons defeated?
Another $150,000,000 of pork was added before the Republicons jumped aboard and passed it.
well, if we are going to go partisan on this and blame republicans, I am going to have to ask how the minority party can defeat a bill? Simple numbers, if all the democrats vote for a bill, and EVERY republican in the house votes against it, guess what? it passes.
THIS IS THE TYPE OF MAN THAT COULD BRING US BACK !!!!!!!
Freeloader, I'm in the same boat as you; it pays to be fiscally frugal. The only thing I do worry about is the long term impact of this financial crisis with my 401K.
M-
Stealing from a post in the Lighten UPS forum:We started referring to ours as a 201K now as it is worth about 1/2 of what it used to