Comments on: 11 Dumb Ways to get in Debt http://financialhighway.com/11-dumb-ways-to-get-in-debt/ Personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth Wed, 08 Feb 2012 02:23:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: John http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-30450 John Thu, 01 Dec 2011 12:17:20 +0000 http://financialhighway.com/?p=2772#comment-30450 Hey Ray! Thanks for this list. Debt is such a big issue in today's society. I am one that agrees with your point about how gambling can put someone deep into debt. It is a sure fire way to make someone suffer financially. And it is a addiction too--the worst! This only spirals down into more debt into the future. It is really nasty situation. Anyway, I really believe that someone should adopt a disciplined budgeting habit. This would help with debt in the long run. But that is just my opinion.... Keep on writing great info! Hey Ray! Thanks for this list. Debt is such a big issue in today’s society. I am one that agrees with your point about how gambling can put someone deep into debt. It is a sure fire way to make someone suffer financially. And it is a addiction too–the worst! This only spirals down into more debt into the future. It is really nasty situation.

Anyway, I really believe that someone should adopt a disciplined budgeting habit. This would help with debt in the long run. But that is just my opinion….

Keep on writing great info!

]]> By: After College Finances: What Now? http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-14764 After College Finances: What Now? Tue, 27 Sep 2011 11:03:14 +0000 http://financialhighway.com/?p=2772#comment-14764 [...] right job etc. The downside is that you’ve probably got a ton of debt, from your student loans, credit card debt and have very little cash. We call it “Young, Fabulous and [...] [...] right job etc. The downside is that you’ve probably got a ton of debt, from your student loans, credit card debt and have very little cash. We call it “Young, Fabulous and [...]

]]> By: Frank P http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-14229 Frank P Thu, 15 Sep 2011 14:43:44 +0000 http://financialhighway.com/?p=2772#comment-14229 There are probably many more as well but these are classic! There are probably many more as well but these are classic!

]]> By: How To Have A Lavish Lifestyle Without Breaking The Bank http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-13510 How To Have A Lavish Lifestyle Without Breaking The Bank Thu, 28 Jul 2011 11:01:52 +0000 http://financialhighway.com/?p=2772#comment-13510 [...] thoughts of first-class travel and sandy beaches, they move heaven and earth to get there—only to drown in debt down the road, their Prada purses overflowing with maxed-out credit [...] [...] thoughts of first-class travel and sandy beaches, they move heaven and earth to get there—only to drown in debt down the road, their Prada purses overflowing with maxed-out credit [...]

]]> By: 4 Steps to Allocating Budget Benders http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-10948 4 Steps to Allocating Budget Benders Mon, 28 Feb 2011 12:02:53 +0000 http://financialhighway.com/?p=2772#comment-10948 [...] seem pretty straight forward: List out your expenses, group them into categories, and commit to not overspending any more than you can fund each one.  The problem arises when well-meaning consumers encounter [...] [...] seem pretty straight forward: List out your expenses, group them into categories, and commit to not overspending any more than you can fund each one.  The problem arises when well-meaning consumers encounter [...]

]]> By: The 30 Steps to Financial Literacy Summerized http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-3215 The 30 Steps to Financial Literacy Summerized Tue, 13 Apr 2010 11:04:11 +0000 http://financialhighway.com/?p=2772#comment-3215 [...] money. What kind of spender are you? Do you stay aware of your credit score? Are you living with too much debt? In this stage, you will also calculate your current net worth. Getting a solid picture of your [...] [...] money. What kind of spender are you? Do you stay aware of your credit score? Are you living with too much debt? In this stage, you will also calculate your current net worth. Getting a solid picture of your [...]

]]> By: Ali http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-2861 Ali Tue, 16 Mar 2010 21:30:36 +0000 http://financialhighway.com/?p=2772#comment-2861 Good list! but debt can also be good, such as buying a property as an investment (cash flow from rental income)...id like to read a list of good debt. Good list! but debt can also be good, such as buying a property as an investment (cash flow from rental income)…id like to read a list of good debt.

]]> By: Loose Change: 9/3/09 | busabc.com http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-2805 Loose Change: 9/3/09 | busabc.com Fri, 12 Mar 2010 00:49:47 +0000 http://financialhighway.com/?p=2772#comment-2805 [...] Personal Finance: -Getting the most from your retirement money. [Get Rich Slowly] -It takes money to make money, right? How are you spending during your job hunt, and is it tax-deductible? [WSJ] -Whether student loans or a mortgage, many people shoulder debt, but here are 11 stupid reasons to take on debt. [Financial Highway] [...] [...] Personal Finance: -Getting the most from your retirement money. [Get Rich Slowly] -It takes money to make money, right? How are you spending during your job hunt, and is it tax-deductible? [WSJ] -Whether student loans or a mortgage, many people shoulder debt, but here are 11 stupid reasons to take on debt. [Financial Highway] [...]

]]> By: Anniversary-$1000 In Prizes http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-2741 Anniversary-$1000 In Prizes Mon, 08 Mar 2010 11:02:05 +0000 http://financialhighway.com/?p=2772#comment-2741 [...] article 11 Dumb Ways to Get in Debt became best finance article of 2009! And is currently playing in March Madness [...] [...] article 11 Dumb Ways to Get in Debt became best finance article of 2009! And is currently playing in March Madness [...]

]]> By: Kayla http://financialhighway.com/11-dumb-ways-to-get-in-debt/#comment-2641 Kayla Wed, 24 Feb 2010 20:07:24 +0000 http://financialhighway.com/?p=2772#comment-2641 Buying the biggest house you can afford just cuz the lender is willing to lend you that much. Seriously, who needs 3000sqft house to raise 2 kids? When my neighbors are moving away becasue they are having 2nd child and claimed the house they currently have is too small, I was like, "What's wrong with a 1700 sqft home that costs half of what you are about to pay for just for one more kid?" I don't get it... Buying the biggest house you can afford just cuz the lender is willing to lend you that much.
Seriously, who needs 3000sqft house to raise 2 kids?
When my neighbors are moving away becasue they are having 2nd child and claimed the house they currently have is too small, I was like, “What’s wrong with a 1700 sqft home that costs half of what you are about to pay for just for one more kid?”
I don’t get it…

]]>