Comments on: Being in debt but going on holidays? http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/ Eliminate Your Debt From Credit Cards Wed, 08 Feb 2012 07:09:38 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: robert43041 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/comment-page-1/#comment-1405 robert43041 Tue, 26 Jan 2010 09:29:23 +0000 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/#comment-1405 I would think they're a bit irresponsible: how "serious" is "serious"? I would think they’re a bit irresponsible: how “serious” is “serious”?

]]> By: John M http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/comment-page-1/#comment-1404 John M Sun, 24 Jan 2010 19:26:51 +0000 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/#comment-1404 It sounds like the lack the ability to handle money. Most likely they react impulsively. There really isn't a whole lot you can do to change their behavior since spending money is a lot like alcoholism. They need to want to change. It sounds like the lack the ability to handle money. Most likely they react impulsively. There really isn’t a whole lot you can do to change their behavior since spending money is a lot like alcoholism. They need to want to change.

]]> By: Rottie Mom http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/comment-page-1/#comment-1403 Rottie Mom Sun, 24 Jan 2010 06:34:59 +0000 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/#comment-1403 It depends on what kind of debt the person has. If it's a house mortgage, not a problem. If the debt is credit cards, definitely a problem. My daughter went wherever she wanted, bought all kinds of stuff she didn't need, put it all on credit cards. Then refinanced her home at least twice, and used that money to pay off the credit cards so she could run up more bills on them. Now she has no home and no credit because she was completely out of control with her spending. The original price of the home she bought was $95,000. WIth her refinancing, she ended up with a $225,000 mortgage and couldn't make the payments so she lost her home. PLUS she still had $25,000 in credit card balances. I tried to tell her that what she was doing wasn't a sensible way to handle her finances, but she told me it was her life and I should just mind my own business. Oh, by the way, my daughter turned 42 yesterday, and is living in a ratty little apartment with her infant daughter and no husband. I guess some people just have to learn the hard way. It depends on what kind of debt the person has. If it’s a house mortgage, not a problem. If the debt is credit cards, definitely a problem.

My daughter went wherever she wanted, bought all kinds of stuff she didn’t need, put it all on credit cards. Then refinanced her home at least twice, and used that money to pay off the credit cards so she could run up more bills on them. Now she has no home and no credit because she was completely out of control with her spending. The original price of the home she bought was $95,000. WIth her refinancing, she ended up with a $225,000 mortgage and couldn’t make the payments so she lost her home. PLUS she still had $25,000 in credit card balances.

I tried to tell her that what she was doing wasn’t a sensible way to handle her finances, but she told me it was her life and I should just mind my own business. Oh, by the way, my daughter turned 42 yesterday, and is living in a ratty little apartment with her infant daughter and no husband. I guess some people just have to learn the hard way.

]]> By: vacantxpression http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/comment-page-1/#comment-1402 vacantxpression Sun, 24 Jan 2010 00:45:52 +0000 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/#comment-1402 NO! They're trying to get even more into debt! NO! They’re trying to get even more into debt!

]]> By: nani628484 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/comment-page-1/#comment-1401 nani628484 Wed, 20 Jan 2010 18:24:07 +0000 http://www.reducecreditcardbills.com/personal-finance/being-in-debt-but-going-on-holidays/#comment-1401 they want to enjoy they think that debt is asmall in the happiness they want to enjoy they think that debt is asmall in the happiness

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