Love Dave Ramsey teachings. Now this young family can focus on saving and
building wealth. Can you imagine how much they could have at retirement and all
of the good that can come from it?!
Re: Eliot Bush did have a pretty good economy for most of his 8
years, even after 911. True, Bush spent too much deficit money (4 trillion) in
8 years, but it was when the Democrats took total control of Congress in 2007
that the real steamroller of deficit spending began. It continued with Obama and
now only 6 years later we've got a worse economy in spite of all that
deficit spending, which now is close to 17 trillion. And worst of all, it
climbs by some 3 billion dollars a day. I'd say, you do the math, but I
know most calculators don't go that high. Pretty soon we will need a Cray
computer to keep track of our debt.
They showed a lot of integrity by seeing a way to avoid bankrupsy and then
Well done, and congratulations on making the difficult, and right choices in
life to fix your own problems.Jason Chaffetz should ask these folks
to testify before Congress to give them an example of what must be done at the
government level as we spiral into bankruptcy due to stupidity and cowardice
preventing tough choices at that level.
Awsome. These are the stories we need to hear. Paying off that much debt with
that income - absolutely amazing.I met a guy this week that
"didn't have the money" to take care of a minor medical problem.
Oh, by the way, he is going to Hawaii for 10 days to get married. Great example for us all - especially our politicians.
"Why didnt they fix their economic problems by spending more money than they
had previously? Thats how barack fixed our economy."It also
happens to be the way that George W. Bush worked his miracles.
"As Jensen and his wife considered options, they realized they could declare
bankruptcy but said they didn't want to hurt the institutions they owed
money."It's not their fault that we messed up. Enough
people are losing their jobs right now, and we don't need to add to
it," he said."How refreshing! In this society of
"It's not my fault. I'm entitled. Just walk away. Let someone else
pay for it" it's nice to see there are still some people with character
Hire these people and put them in charge of our government! The people have now
are miserable failures!
Mr Micawber, in the Dickens novel, "David Copperfield," famously said:
“Annual income twenty pounds, annual expenditure nineteen pounds nineteen
and six, result happiness. Annual income twenty pounds, annual expenditure
twenty pounds ought and six, result misery.”This advice is as
good in 2013 as it was in the 1800's.
Financial planning 101: If your outgo exceeds your income, your upkeep will
prove your downfall.
This is crazy talk... only spending what you have and actually paying off debt
rather than walking away from it. Who does that?
Why didnt they fix their economic problems by spending more money than they had
previously? Thats how barack fixed our economy.