Shifting from debt to prosperity

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  • luv2organize Gainesville, VA
    March 27, 2013 11:48 a.m.

    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?!

  • happy2bhere LAYTON, UT
    March 27, 2013 11:41 a.m.

    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.

  • cjb Bountiful, UT
    March 27, 2013 10:33 a.m.

    They showed a lot of integrity by seeing a way to avoid bankrupsy and then avoiding it.

  • DN Subscriber Cottonwood Heights, UT
    March 27, 2013 9:56 a.m.

    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.

  • IDC Boise, ID
    March 27, 2013 9:32 a.m.

    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.

  • Eliot Santaquin, UT
    March 27, 2013 8:46 a.m.

    "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.

  • NedGrimley Brigham City, UT
    March 27, 2013 7:47 a.m.

    "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 and honesty.

  • Mountanman Hayden, ID
    March 27, 2013 5:45 a.m.

    Hire these people and put them in charge of our government! The people have now are miserable failures!

  • EnglishAlan Rugeley, Staffs
    March 27, 2013 2:06 a.m.

    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.

  • Wyomex Burlington, WY
    March 26, 2013 8:57 p.m.

    Financial planning 101: If your outgo exceeds your income, your upkeep will prove your downfall.

  • Bifftacular Spanish Fork, Ut
    March 26, 2013 5:22 p.m.

    This is crazy talk... only spending what you have and actually paying off debt rather than walking away from it. Who does that?

  • Chris B Salt Lake City, UT
    March 26, 2013 4:18 p.m.

    Why didnt they fix their economic problems by spending more money than they had previously? Thats how barack fixed our economy.