UnThreaded | Threaded | Whole Thread (26) | Ignore Thread Prev | Next
Author: cattleman22 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 311074  
Subject: Re: NEW MEMBER CONFESSION Date: 7/12/2005 4:16 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 5
{{I don't really think I asked for opinions on what "doing well" meant. That's very personal and subjective to each individual. I had different goals in the past and I have some new goals now. I was just looking for some support and advice. I got a lot and I thank you all for your advice}}

I reread my previous post and I understand why you got defensive. I did not phrase want I wanted to say very well. Your story about being in debt to over-spending is a common topic on this board. Many posters want to get out of debt, yet they do not want to evaluate the reasons why they were spending more than they earned. That evaluation is hard. It requires a lot of introspection. It is quite common for a person to get into debt, take out equity from a house to pay off the credit cards and then in a few years runt he credit cards back up. This is what I was trying to get at.

To become debt free is more than just paying off your debts now. You need to see the importance of maintaing emergnecy funds, freedom funds, reitrement funds, etc.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (26) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.