Does debt make you nervous?
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<font color="blue">
my share of the national debt is $26,866.45.
It is absolutely rediculous!! </font>
I was thinking about it and my share may be a lot more than 27k because I think they divided the debt by the population but it should probably be divided by the number of taxpayers /forums/images/graemlins/shocked.gif
Chris
my share of the national debt is $26,866.45.
It is absolutely rediculous!! </font>
I was thinking about it and my share may be a lot more than 27k because I think they divided the debt by the population but it should probably be divided by the number of taxpayers /forums/images/graemlins/shocked.gif
Chris
YanmarFever
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Wayne,
We did a transition from 1 business to another so it wasnt to bad. I busted my buns for 18 yrs. 10-12 hr. days until one day my wife & I had enough. So we switched to selling tractors , same building, same phone # ect... so it wasnt to hard.
Ernie
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We did a transition from 1 business to another so it wasnt to bad. I busted my buns for 18 yrs. 10-12 hr. days until one day my wife & I had enough. So we switched to selling tractors , same building, same phone # ect... so it wasnt to hard.
Ernie
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<font color="blue">I don't think some of the posters realized that you were talking about National debt, not their own debt. </font>
Sure we do. /forums/images/graemlins/laugh.gif It's just that some of us are pointing out that we can take care of our own personal debt, so why can't the nation? Of course, we all know that the nation is just a bit different from a household and to go into the nation's troubles will probably start a political topic and down the tubes this thread goes. /forums/images/graemlins/wink.gif
Sure we do. /forums/images/graemlins/laugh.gif It's just that some of us are pointing out that we can take care of our own personal debt, so why can't the nation? Of course, we all know that the nation is just a bit different from a household and to go into the nation's troubles will probably start a political topic and down the tubes this thread goes. /forums/images/graemlins/wink.gif
BubbaJr
Platinum Member
Having grown up in the 50's under the threat of imminent nuclear annihilation, the break up of my family unit in 1964, the shut-down of Chicago in 1967 during a blizzard, a draft notice for my x-mas present in 1968, then the threat of a global economic shutdown with Y2K, I pretty much can take little things like my debt and the national debt in stride. I have mine under control, and I sleep just fine. /forums/images/graemlins/grin.gif
JimMorrissey
Veteran Member
"everyone" is the Federal Govt.
Jagmandave
Veteran Member
I'm with Bubba, grew up in the same era. I take care of my debt, the gummint's gonna have to do the same with it's....
and no, I'm not comfortable with large credit card or other unsecured debt, and will feel better when the house is paid off too.........which it would be in about 3 years, except we're going to build a new one next year, so..........
and no, I'm not comfortable with large credit card or other unsecured debt, and will feel better when the house is paid off too.........which it would be in about 3 years, except we're going to build a new one next year, so..........
To20Chris
Platinum Member
Like it or not, regardless of your good personal financial judgement, the debt the nation runs up in your name is in fact yours (and mine). It will indeed need to be paid back - somehow.
Birdhunter1
Veteran Member
I'm in a good deal of short term debt right now, but I planned it that way and I planned a way to finance it. I also have a truck, house and student loan payment too which are all more long term.
the short term stuff is mainly due to recently (2 months ago) buying a house and the stuff I've been doing to it since. yeah I knew money was gonna be tight but I planned and prepared for it and am over with it fo now. The most the credit card ever saw was about $400 in a month. Of course knowing I was going to have plenty of overtime work and a larger check from three months of back pay on our raises helped too!
To the topic though, yes debt makes me alittle nervous, I don't like oweing money and I don't like getting myself stretched too thin. I don't liek buying on credit, I'd much rather right a check or hand over cash, then I know it's paid for fully at once. I also don't step into a loan or any debt without alot of forethought first, something I think alot of other 25 years old like me don't do!
But I couldn't hand over cash on my truck a year ago or my house 2 months ago, or my tuition in college so yeah I have a little debt, but not near as much as many would think!
the short term stuff is mainly due to recently (2 months ago) buying a house and the stuff I've been doing to it since. yeah I knew money was gonna be tight but I planned and prepared for it and am over with it fo now. The most the credit card ever saw was about $400 in a month. Of course knowing I was going to have plenty of overtime work and a larger check from three months of back pay on our raises helped too!
To the topic though, yes debt makes me alittle nervous, I don't like oweing money and I don't like getting myself stretched too thin. I don't liek buying on credit, I'd much rather right a check or hand over cash, then I know it's paid for fully at once. I also don't step into a loan or any debt without alot of forethought first, something I think alot of other 25 years old like me don't do!
But I couldn't hand over cash on my truck a year ago or my house 2 months ago, or my tuition in college so yeah I have a little debt, but not near as much as many would think!
inveresk
Platinum Member
As a Scotsman, I can say that the only debt that makes me nervous is money I'm owed!!! /forums/images/graemlins/tongue.gif /forums/images/graemlins/grin.gif