Quote:
Originally Posted by Dayze
That’s pretty much our plan.
Pay off debt; rat-hole money, then get into a home for no more than 15 yrs.
Excellent posts, by the way R8rs.
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I hope you get their friend, because I promise you, if and when you do, you will never go back and the feeling of having very little come out of your paycheck per week and having more money than month will become like a drug.
I always get what I need, I get mostly what I want, but once your though process changes and you realize creditors are NOT your friend and want your money, you think twice before you will sign your name.
I am not rich, I have a wife and a teenage daughter, I may die with a crapload of cash for my wife and daughter to spend.... who cares, thats who I would want to spend it.
When you are forced to pay cash, you will learn to save...
I will give you my opinion on bankruptcy though, if you do it, do it all the way, don't do that pay off the creditors crap and do not consult one of those credit consolidation or get out of credit card debt or similar companies....
Or any of those negotiate your payments company, they will take your money and just do what you can do for yourself.
You credit will be smashed either way, house, utilities, car to get to work other than that, screw the unsecured debt.
Go buy the book Total Money Makeover by Dave Ramsey