1. It would really depend on who and what for. The only ones who would ask me for money knowing how I am now would really, really need it. I would do my best to give it to them or at least give them as much as I could without shooting myself in the foot.
2. I am the only one handling it. My BF thinks it's a good idea but still spends his money willy-nilly. I keep all our money seperate and this is teaching me two things. 1) If we were to ever split up, I would financially be ok on my own and 2) I am stronger than I thought and can do something this big on my own. It's teaching me that I have something inside me that I never knew was there: strength & courage.
3. My debt is from a lifestyle of not caring. I would write bad checks and not care. I would charge on a credit card and not care. I would go to a doctor with no insurance and not care. On and on until now, I'm 30 years old with a mountain of bad debt and now digging my way out. I think about my debt every time I buy anything. It's like "Oh yeah that would be a yummy $3 smoothie but I could sock that $3 towards the $15 minimum payment on something. It's kinda sad really, I should be able to spend $3 and not even blink an eye but I can't because I'm a BAD DEBTOR.
Please click here to visit my website to fulfill all your Gold Canyon candle, personal care or home cleaning needs. Also if you want to be a rep, I am always available!
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while? NO, I would not give money to a family member. We have a no loan policy in both Dh's and my family. We do not loan money to one another, we give support, we will give food, we will lend a hand with childcare and such, but we do not give money as that is the first way to destroy a good relationship. We will educate our children as I feel it is our obligation to produce produce citizens who do add to the whole instead of withdraw from it.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful? I have my own accounts, DH has his own and we are responsible for our own. We do not sabatoge, we talk a lot. We want to make one another happy, and while we are both very frugal by nature, we have different wants and needs based on our different personalities.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans? My debt was created by a job transfer, my Ex loosing jobs, a divorce, burst of the housing bubble and three moves, not lifestyle or little purchases. I was almost debt free, paid for a new car with cash and had a house almost paid off in 2002. Just married the wrong person initially and thought I could change him. Now I am with the love of my life and we are making amazing progress.
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while?
It would depend on who and what for. I would definately help out an immediate family member as they have always helped me in an emergency situation but I would only give what I was able (right now not much) and it would be a gift and not a loan.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful? Yes, I am the person who pays all the bills and balances all the accounts but DH and I talk very often and he is on board with everything.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans?
I have always been aware of my debt and known the total amount, but decided I could always pay it off later. I never wanted to do without and had a lifestyle that ended up with 30K in cc debt. I am the queen of justifying any purchase under the sun and have watch our debt creep and creep to the point that I have to stay in my miserable job and put kids in daycare because of my debt. We don't use cc or apply for loans anymore partly because I think about our debt total whenever I consider it.
1. depends on the family member, the situation & their history with us.
2. I'm the primary person making the plan to reduce our debt & learning what worked for others. My husband has been great lately about changing our lifestyle to save money so I think right now he's the driver for that.
3. our debt breaks down to 51% vehicle, 33% student, 9% for house repairs & 7% for credit cards.
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while
**All of our other family is better off than us! This would never happen. I would help if needed though to a point.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful?
**Yes I am in charge although BF and I talk all the time. We have the same goals and is really good about paying down debt. He does want to buy some things though(although nothing crazy) so I try to let him do somethings. I don't want to be really controlling.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans?
**When am I not thinking about my debt total?? I think about it all the time! Hmmm, I have so many different kinds of debt I don't know where to start with this one?? LOL! They are all big purchases!
I used to have more personal debt but got rid of it(30 grand yeah me!) I would say most of that was from buying this business. BUT. My ex was(is) not good with money. I had big mess to clean up! Lots of work and unfiled taxes. But at the same time he was really good at setting up the business and we didn't even draw salaries from this business the first year or two(because of his job) and we did a big renovation. We still had lots of debt in our personal life too so yeah, he still sucks. LOL! I have cleaned everything up and am doing better(but not fantastic)
We(bf and I) have a twenty grand car loan. We bought land(lots and lots LOL)
And BF has a student loan.
So these are not silly purchases but they are all large and will take forever(it seems) to pay off!
I don't think I will be applying for any more credit for the simple reason I don't think anyone would give me any more LOL!
1. It would really depend on who and what for. The only ones who would ask me for money knowing how I am now would really, really need it. I would do my best to give it to them or at least give them as much as I could without shooting myself in the foot.
2. I am the only one handling it. My BF thinks it's a good idea but still spends his money willy-nilly. I keep all our money seperate and this is teaching me two things. 1) If we were to ever split up, I would financially be ok on my own and 2) I am stronger than I thought and can do something this big on my own. It's teaching me that I have something inside me that I never knew was there: strength & courage.
3. My debt is from a lifestyle of not caring. I would write bad checks and not care. I would charge on a credit card and not care. I would go to a doctor with no insurance and not care. On and on until now, I'm 30 years old with a mountain of bad debt and now digging my way out. I think about my debt every time I buy anything. It's like "Oh yeah that would be a yummy $3 smoothie but I could sock that $3 towards the $15 minimum payment on something. It's kinda sad really, I should be able to spend $3 and not even blink an eye but I can't because I'm a BAD DEBTOR.
Please click here to visit my website to fulfill all your Gold Canyon candle, personal care or home cleaning needs. Also if you want to be a rep, I am always available!
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Norma
"Patience is the best remedy for every trouble"- Plautus
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while?
NO, I would not give money to a family member. We have a no loan policy in both Dh's and my family. We do not loan money to one another, we give support, we will give food, we will lend a hand with childcare and such, but we do not give money as that is the first way to destroy a good relationship. We will educate our children as I feel it is our obligation to produce produce citizens who do add to the whole instead of withdraw from it.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful?
I have my own accounts, DH has his own and we are responsible for our own. We do not sabatoge, we talk a lot. We want to make one another happy, and while we are both very frugal by nature, we have different wants and needs based on our different personalities.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans?
My debt was created by a job transfer, my Ex loosing jobs, a divorce, burst of the housing bubble and three moves, not lifestyle or little purchases. I was almost debt free, paid for a new car with cash and had a house almost paid off in 2002. Just married the wrong person initially and thought I could change him. Now I am with the love of my life and we are making amazing progress.
-Marie
Kate
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while?
It would depend on who and what for. I would definately help out an immediate family member as they have always helped me in an emergency situation but I would only give what I was able (right now not much) and it would be a gift and not a loan.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful?
Yes, I am the person who pays all the bills and balances all the accounts but DH and I talk very often and he is on board with everything.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans?
I have always been aware of my debt and known the total amount, but decided I could always pay it off later. I never wanted to do without and had a lifestyle that ended up with 30K in cc debt. I am the queen of justifying any purchase under the sun and have watch our debt creep and creep to the point that I have to stay in my miserable job and put kids in daycare because of my debt. We don't use cc or apply for loans anymore partly because I think about our debt total whenever I consider it.
interesting questions
1. depends on the family member, the situation & their history with us.
2. I'm the primary person making the plan to reduce our debt & learning what worked for others. My husband has been great lately about changing our lifestyle to save money so I think right now he's the driver for that.
3. our debt breaks down to 51% vehicle, 33% student, 9% for house repairs & 7% for credit cards.
Very good different questions Lil!
1. Given your current financial state, if I as a family member outside of your immediate household asked you for money because I was in some sort of financial trouble (rent not paid or car about to be reposessed or a medical issue, for example), what would you do? How much would you give me? Would I have to prove to you I needed it, and what would that proof have to be? Or would you just give it to me without hesitation? Would I have to pay you back? How would you feel about helping me? Could I ask you for help again in a little while
**All of our other family is better off than us! This would never happen. I would help if needed though to a point.
2. Are you the primary person in charge of your household's debt reduction efforts? Is everyone in the household on board with the debt reduction efforts, or are you being sabotaged by anyone in the house? Why do you think they are not helpful? If everyone is on board, who is the most helpful, and why do you think they are so helpful?
**Yes I am in charge although BF and I talk all the time. We have the same goals and is really good about paying down debt. He does want to buy some things though(although nothing crazy) so I try to let him do somethings. I don't want to be really controlling.
3. Do you think your debt was mostly created by certain large purchases, lots of smaller purchases, or your lifestyle? If you are aware of your debt total, do you think about it when you use your credit cards or apply for loans?
**When am I not thinking about my debt total?? I think about it all the time! Hmmm, I have so many different kinds of debt I don't know where to start with this one?? LOL! They are all big purchases!
I used to have more personal debt but got rid of it(30 grand yeah me!) I would say most of that was from buying this business. BUT. My ex was(is) not good with money. I had big mess to clean up! Lots of work and unfiled taxes. But at the same time he was really good at setting up the business and we didn't even draw salaries from this business the first year or two(because of his job) and we did a big renovation. We still had lots of debt in our personal life too so yeah, he still sucks. LOL! I have cleaned everything up and am doing better(but not fantastic)
We(bf and I) have a twenty grand car loan.
We bought land(lots and lots LOL)
And BF has a student loan.
So these are not silly purchases but they are all large and will take forever(it seems) to pay off!
I don't think I will be applying for any more credit for the simple reason I don't think anyone would give me any more LOL!