Families go deep into debt to stay in the middle class (drugs, dollars)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Get rid of the Internet, smartphones, iPads, streaming services and cable, and only buy cars you can afford by paying cash. That would be a start.
You kind of need a phone and internet in today’s store world. Not for entertainment but because the world operates on that now. Id be screwed from my job without it. Sending projects with google drive and staying in contact with people I work with. Its a tool.
Exactly! My wife is a dental hygienist and all of her co workers tease her about the 2006 Scion that she drives. My wife asked the young lady who was teasing her, "oh how much do you guys pay for your car payments each month?" Response was "me and my husband both have new cars and we pay $1300 per month."
There are little financial tricks that smart people learn:
1. Max out your 401K
2. Buy the smallest house in a really nice neighborhood for your first home
3. Don't buy depreciating assets like new cars
4. Use credit cards for emergencies only.
These are just a few tricks that help folks get ahead....
I pretty much did everything on the list. I am 56, been debt free for at least 11 years./
Life is all about choices. The only thing I did differently is #3. I always buy new and keep them forever..
Honestly it all depends on your priorities, I would rather have all of the things you mentioned to get rid of first than to have a car.
That's the problem, these people don't have the slightest idea how to prioritize their spending. They gave no concept of the difference between needs and wants, necessary items and luxuries. Me, I'm proud of the fact that I am debt-free and pay all my bills in full every month. I also lead a very low-key lifestyle that allows me to sock away money into savings every payday.
Get rid of the Internet, smartphones, iPads, streaming services and cable, and only buy cars you can afford by paying cash. That would be a start.
I would not even consider hiring someone who didn’t have a smartphone and internet access. Those things are not luxuries, they’re essential to functionality in today’s world. Much like pants, and a toothbrush.
That's the problem, these people don't have the slightest idea how to prioritize their spending. They gave no concept of the difference between needs and wants, necessary items and luxuries. Me, I'm proud of the fact that I am debt-free and pay all my bills in full every month. I also lead a very low-key lifestyle that allows me to sock away money into savings every payday.
Wait are we talking about people Orr the federal government?
I would not even consider hiring someone who didn’t have a smartphone and internet access. Those things are not luxuries, they’re essential to functionality in today’s world. Much like pants, and a toothbrush.
Why??? No job I've ever had required me to have those things, and if one did, they'd be the ones paying for it. Thankfully my employer mind their own business in that regard.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.