Traditional Farmer
Well-known Member
- Location
- Virginia
Bankrate did a survey and 57% of the population said they couldn't come up with $500 for an emergency.Have people just stressed themselves out with payments or what?
(quoted from post at 08:09:25 03/07/17) I am a big fan of a guy from Tennessee named Dave Ramsey who has the 3rd largest radio program and is an expert in personal finance. He is adamantly anti-debt. He has been doing this for 30 years. He says 70% of the US population lives paycheck to paycheck. That is ?Normal? and he urges you to be abnormal. I could write 3 more paragraphs on why but many of you touched on them already. One not mentioned is student loans. You would not believe the knuckleheads with $80K of debt they piled up to be an English major that cant get a job. It?s a ticking time bomb. If they studied a real job like welding, electronics, mechanics, etc they could get a job tomorrow.
(quoted from post at 10:30:43 03/07/17) While I'm pretty conservative and really am down on people living hand to mouth because they have to have everything and have it right now I know others who don't waste money, work hard and because of circumstances also live hand to mouth.
Rick
(quoted from post at 11:54:38 03/07/17) I honestly did not know of welfare checks during the great depression. My folks never mentioned it and I never heard of it.
(quoted from post at 16:56:49 03/07/17) SELF CONTROL! Hiding sums of money away in coffee cans, as Dave Ramsey suggests does nothing for self control, which is the core of most folks financial problems. Do not live beyond your means.
(quoted from post at 17:58:10 03/07/17)(quoted from post at 16:56:49 03/07/17) SELF CONTROL! Hiding sums of money away in coffee cans, as Dave Ramsey suggests does nothing for self control, which is the core of most folks financial problems. Do not live beyond your means.
I've listen to Ramsey quite a bit. I never heard him say "hide money in a coffee can." What he talks about IS self control, not getting into debt, working your way out, avoiding it in the future.
(quoted from post at 16:09:37 03/07/17) Did they actually ask 57% of the population? I doubt it. Nobody asked me. In fact, I do not know anybody who was asked.
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