Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Consumers Face Challenges in Handling Debt (Higher Consumer Cost Squeezing People.)
Yahoo Finance ^ | 7-3-06 | Eileen Alt Powell

Posted on 07/05/2006 5:39:20 AM PDT by Hydroshock

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last
To: DJ MacWoW

If folks can't afford the cost of living there, they should move.


41 posted on 07/05/2006 6:24:39 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Hydroshock
-- You're taking cash advances on one credit card to make the minimum payments on others.

In general, if you've got yourself in the position of having to factor your credit cards, the economy isn't your problem.  Your spending habits are.

This article is basically Boo-Hoo Debtor crap.

42 posted on 07/05/2006 6:30:21 AM PDT by Psycho_Bunny
[ Post Reply | Private Reply | To 1 | View Replies]

To: mewzilla
If you're only making $7.50 an hour, move.

We thought of that but it hasn't panned out. At our ages, a job hunt is difficult. It's our kids that are struggling to survive. Just pulling up stakes is easier said than done.

43 posted on 07/05/2006 6:31:18 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
[ Post Reply | Private Reply | To 23 | View Replies]

Comment #44 Removed by Moderator

To: mewzilla
Has financial common sense gone out the window?

It apparently has for most of the anectotal examples in the article.

45 posted on 07/05/2006 6:32:19 AM PDT by meyer (A vote for amnesty is a vote against America.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Coop
You have no response but empty rhetoric.

My response is valid. It's NOT rosey here.

By the way, how many poor people have decks anyways?

?????????

46 posted on 07/05/2006 6:34:51 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: DJ MacWoW
What is it that you want, exactly?

You don't get paid enough, right?

The economy is growing (if not where you are, then at other locations). You won't move. I don't imagine you are eager to pick up new skills (correct me if I'm wrong).

What can change that will help you have a better life?

47 posted on 07/05/2006 6:35:52 AM PDT by ClearCase_guy ("He hit me, he cries, he runs to the court and sues me.")
[ Post Reply | Private Reply | To 43 | View Replies]

To: mewzilla
If folks can't afford the cost of living there, they should move.

That's not helpful if you don't have the "werewithall" to do so.

48 posted on 07/05/2006 6:36:19 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
[ Post Reply | Private Reply | To 41 | View Replies]

To: JackDanielsOldNo7; Coop

Just a note on civility. I have always viewed it as in poor taste to make fun of others misfortunes. Even when they, themselves are partly or at whole to blame for those misfortunes.


49 posted on 07/05/2006 6:37:26 AM PDT by Hydroshock ( (Proverbs 22:7). The rich ruleth over the poor, and the borrower is servant to the lender.)
[ Post Reply | Private Reply | To 44 | View Replies]

Comment #50 Removed by Moderator

To: ClearCase_guy

I don't spend $80 a year in dry-cleaning--and the little I do is for my kid's winter coats and the like--go figure I can balance my monthly budget pretty damn well. Wonder if there is a connection.


51 posted on 07/05/2006 6:41:21 AM PDT by SoftballMominVA
[ Post Reply | Private Reply | To 2 | View Replies]

To: mewzilla

I'm in Florida and ran into a friend of mine yesterday who is a mortgage broker. We've owned our home for years, so I'm not "up" on what mortgage payments are, but I do know that insurance and taxes are killing people.

He told me the "low end average" of a mortgage payment in our county is $1500-1700 per month (this includes mortgage, taxes and insurance)...I don't know how the young people are affording that, no wonder they're squeezed financially.


52 posted on 07/05/2006 6:42:51 AM PDT by dawn53
[ Post Reply | Private Reply | To 23 | View Replies]

To: JackDanielsOldNo7
Apparently with the comments you make to people on this board it sounds like to me you suffer from penis envy.

I'm quite certain that doesn't apply in this case. [smiling sweetly]

I now see why you put your flame suit on. It wasn't for incoming fire.

53 posted on 07/05/2006 6:44:49 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
[ Post Reply | Private Reply | To 44 | View Replies]

To: dawn53

My mom and dad paid off their house last year. The insurance and tax bill they have to pay now are more then their total mortgage payment was at the start of the loan. This has to be affecting the economy.


54 posted on 07/05/2006 6:44:56 AM PDT by Hydroshock ( (Proverbs 22:7). The rich ruleth over the poor, and the borrower is servant to the lender.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: JackDanielsOldNo7
Awwwww, you're SUCH a victim, Sweetie!! You took the first shot with your little "flame suit" comment. And now you can't take the heat! ROTFL!!

Hey, did you learn all them neat words at East Carolina? Is that Pirate talk, ye scurvy dog?

Arrrrrggggghhhh!!!!

55 posted on 07/05/2006 6:47:36 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
[ Post Reply | Private Reply | To 50 | View Replies]

To: ClearCase_guy
You don't get paid enough, right?

Hubby gets a decent wage. The problem is housing. It's gone bonkers since 9/11. Our kids are a different matter. Jobs aren't plentiful in this area. And to afford housing, both people have to work.

You won't move. I don't imagine you are eager to pick up new skills (correct me if I'm wrong).

You're wrong. We'd move in a heartbeat and job skills are not a problem. We've been trying to move. Even our kids would pull up stakes and follow. The problem is our ages. We got caught in a housing crunch at a very bad time. Hubby works on elevators and you need to be where they are. Job openings are not plentiful. And housing here is at a premium. We'd LOVE to move.

56 posted on 07/05/2006 6:48:51 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
[ Post Reply | Private Reply | To 47 | View Replies]

To: SoftballMominVA

I spend ~ $100 a month on dry cleaning, it is part of some folks' necessities...


57 posted on 07/05/2006 6:50:29 AM PDT by dakine
[ Post Reply | Private Reply | To 51 | View Replies]

To: Hydroshock

The thing that keeps us afloat (no pun intended) in Florida is that as long as you live in your home and don't move, you're taxes are protected from huge increases by Save Our Homes. They can only raise taxes about 3 percent per year. If we were to sell and move into a home of comparable value, our taxes would at least quadruple.


58 posted on 07/05/2006 6:51:06 AM PDT by dawn53
[ Post Reply | Private Reply | To 54 | View Replies]

Comment #59 Removed by Moderator

To: dakine

Glad it's not part of mine


60 posted on 07/05/2006 7:02:12 AM PDT by SoftballMominVA
[ Post Reply | Private Reply | To 57 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-70 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson