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Re: Too much debt overburdens your horse...


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Posted by PeteTheRookie on February 06, 2011 at 09:29:36 from (74.69.240.233):

In Reply to: Re: Too much debt overburdens your horse... posted by John T on February 06, 2011 at 06:33:06:

One young fellow I know from work. Makes 6 figures and can"t "afford" a new house.
Funny thing is a few years ago I tried to gently steer him into getting his balance sheet in order.After all, he is a CPA and controller for a large corporation. Why can"t he get a new house?

Well, he wanted to drive one of those fancy new Acura"s. I drove in it one day. Wow, the cockpit rivals a fighter planes. BUT then because he got his new car the wife insisted she had to have a new car too!

So now he has 2 car payments, under water on the Condo he just had to buy a few years back.

Then his wife lost her job and got pregnant!

So now he "has to" sell the condo at a lose and get that bigger house. Wife insists.
Oh, I forgot, before they had kids they had to get 2 pedigree dogs!

It"s all materialism to me. I am obviously not as old as some of you guys as I "thought" Janis wrote Me and Bobby McGee! LOL but when I was a kid
we barely watched TV and were not exposed to the constant barrage of commercials today"s kids are.

Everywhere you look it"s commercials. EVERYWHERE!

As adults we can block them, well at least some of us some of the time. But with little kids it is getting embedded in their psyche at way to early a age to combat it.

I gotta go. Replacing the kitchen sink! "Old" one works, just too small and wife "found" a bigger, better one on sale for just $120. While I agree the old one "stinks", in the old days we did not have the array of over sized pots and pans we have that make it too small!

It just never ends, unless you end it.

Pete


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