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07-20-2008, 08:07 AM #1
The Debt Trap: New articles series in NY Times
I guess I cannot post a link yet...
Anyway, there are a few excellent articles about debt, lenders, and the economy in the NY Times -- nytimes dot com -- you have to register to read the articles. If you go to the home page, you'll find them
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07-20-2008, 08:52 AM #2If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.
Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"
Greebo(Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!
ThreeTwo mortgages,twooneno car loans,oneno credit cards, and a partridge in pear tree!
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07-20-2008, 10:59 AM #3Registered User
- Rep Power
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Thanks great articles and videos...very sad case studies.
Baby Step #1 Done!
Baby Step #2 Beginnning debt balance 01/01/08 $78K /Paid in full on 08/06/10
I'm debt freeeee............ GOD IS SO GOOD!!!
Baby Step#3 Goal: One year emergency fund began saving Jan 2011 accumulated Aug 2011 YIPPEE!!! God is sooo good to me!!!
Baby Step #4 Yep currently doing this.
Baby Step #5 No kids so no need.
Baby Step #6 Renter.. Working on putting 100% down on a house!!! Currently have 25% saved.
Baby Step #7 Someday.......
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07-22-2008, 06:54 AM #4
Today's article is "Women are now equal to men as victims of the bad economy." Or something like that

http://www.nytimes.com/2008/07/22/bu...us&oref=slogin
Maybe I've figured out how to post a link!
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