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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Fri Sep 05, 2008 12:23 am
 
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| Fact is we all have debts. It is a part of life. Whether it is a monthly phone bill, electric or charge cards. they all take cold hard cash to pay. I thin sometimes we let debt and our bills consume us, especially in times like these, and then we miss the pleasant days from carrying worry over from one day to the next. I use to be this person and sometimes still I am. I have been trying to retrain this stubborn mind of mine. I have been about 50% successful. I once read a book and seen this saying: "life isn't about waiting for the storm to pass, its learning to dance in the rain." Makes sense. don't you think? |
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Lorri

Joined: 15 Jul 2008
Lorri's page
Posts: 297
190 Magic Points
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Sat Sep 06, 2008 3:52 am
 
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Yes it does----life is too to short to waste time worrying about crap like bills. _________________ "Never give up on someone you can't go a day without thinking about". |
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Sun Sep 07, 2008 2:22 am
 
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| To live you got to have them so why spoil the party... |
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Lorri

Joined: 15 Jul 2008
Lorri's page
Posts: 297
190 Magic Points
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Mon Sep 08, 2008 6:03 am
 
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Alright then---lets worry like there's no tomorrow! And yes---ya gotta have bills---the thing we don't have is da MONEY!
(sound real ed-ja-ma-cated don't I?) Why isn't my last name Rockefeller or Kennedy or Trump or......... _________________ "Never give up on someone you can't go a day without thinking about". |
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Tue Sep 09, 2008 11:11 pm
 
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| Consider yourself luck. They probaly got their own sets of problems...but then again they could probaly but their way out of them. In any case we are all surviviors so you just got to go on. |
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Lorri

Joined: 15 Jul 2008
Lorri's page
Posts: 297
190 Magic Points
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Wed Sep 10, 2008 3:36 am
 
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Very, very true---the only thing lots of money gets you is bigger bills EXCEPT with people like the above mentioned multi-millionaires who can pay off their debts. But, I don't see where their money has brought them true happiness (which as we all know money doesn't buy).
Ever watch one of those shows about lottery winners? The ones that were happiest were the ones who did not let the money take over and they kdept their lifestyles pretty much the same. _________________ "Never give up on someone you can't go a day without thinking about". |
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Thu Sep 11, 2008 4:42 pm
 
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I would be one of those people. In my eyes no amount of money can or will last forever. Just cause you are sailing the high seas one day doesn't mean you have run of the ocean all your life. I would be one to save some for a rainy day. I imagine the biggest problem of having or winning money is that you would have constant visitors asking for money. In the end though you could write a book on all the stories you heard to from them.
Anyone these days getting extra money needs to sit an look at the long term. How many years do I have left and will this last ME. The worse saying I ever heard is "live like their is no tommorrow".
Years ago my mom was hurt in an auto accident and got quite a sum (it wouldn't be considered alot in todays economy). She doled the money out left and right. She is good hearted and tried to help people out. Now she is working her fingers to the bone at two jobs and nobody seems to remember the money "good old mama" lent. |
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Lorri

Joined: 15 Jul 2008
Lorri's page
Posts: 297
190 Magic Points
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Thu Sep 11, 2008 9:19 pm
 
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I know I would be very frugal. I would want to help others out, but I would have big stipulations, etc. _________________ "Never give up on someone you can't go a day without thinking about". |
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Fri Sep 12, 2008 3:11 pm
 
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| Here to. I think more people need to look down the line to the future and also ask theirselves is this a person who would do the same for me, is there something I could pay off with this money, o how crucially does the other person truly need it. |
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erb1953

Joined: 31 Dec 2007
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Posts: 621
-55 Magic Points
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Fri Sep 12, 2008 3:18 pm
 
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| Well if I get to the point where I have any extra, I will be rewarding myself, If I have been through all this and I have a few lessons that I have learned is that when people have given me a hand out that it has lessoned my motivation to do for myself, I think that the most helpful things that have helped me is to be forced to be frugal and forced to live with in my means. Experience is the best teacher and I would be happy to pass that lesson on to anyone if it would help them. |
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goodnatured

Joined: 03 Nov 2007
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Posts: 3733
3 Magic Points
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Sat Sep 13, 2008 2:12 am
 
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good point erb, experience is definately the best teacher. _________________ Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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Lorri

Joined: 15 Jul 2008
Lorri's page
Posts: 297
190 Magic Points
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Sat Sep 13, 2008 4:05 am
 
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I would set up some type of foundation and trust funds for my immediate family AND definitely college funds for my granddaughters. _________________ "Never give up on someone you can't go a day without thinking about". |
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fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4121
1011 Magic Points
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Sat Sep 13, 2008 2:15 pm
 
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I can not tell you how much I agree with GN. She makes an excellent point. I recently have been faced with being extremely frugal and after the accident and no income from my part have sometimes seen us FLAT broke. This is the best eye opener there is and to be that far down, especially when it wsn't from your own doing , is very stressful.
Putting back for your own future ius the best thing. I would still want to help those who are closest to me and didn;t knock me down when I was at this point. I would just make sure I had all my debts paid.
Now if I hit it big at the lottery I have always told my husband after we figured what we needed to live and be comfortable I would start by setting up accounts for all the children in my family. If they went to college they could have immediate access but if not they would have to wait until they turned like 25 and learned a few life lessons and to learned to support them selves. After that all the others in the family would get. |
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goodnatured

Joined: 03 Nov 2007
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Posts: 3733
3 Magic Points
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Sat Sep 13, 2008 9:56 pm
 
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I think that giving a child a strong work ethic is the best gift you could give them, all the money in the world is not going to help them, it would cause more harm than good. I would definately put some away for college but to me even 25 would be too young unless they have completed their education. then I may consider it. _________________ Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
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erb1953

Joined: 31 Dec 2007
erb1953's page
Posts: 621
-55 Magic Points
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Sat Sep 13, 2008 11:13 pm
 
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| I agree, that is the most important thing to pass onto the next generation, they need to be helping build up that social security fund. lol |
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