Comments on: Why Should I Care about Spending Less/Saving/Investing?

By: John

John — Sat, 14 Feb 2009 21:13:22 +0000

@D – I totally agree with Dave’s saying as well…it just seems that a lot of people find it too hard to follow unfortunately. Here’s another one to your point – “The borrower is servant to the lender” Proverbs 22:7b. Debt really restricts our ability to be free and do whatever we want to do. Not many people can quit the good-paying job they hate to chase their dreams when they have a mortgage, a home equity loan, credit cards, and two car payments!

@Sheila – Unfortunately, you hit the nail right on the head…and whatever the “givers” can’t pay for now, all of our children will be paying for in years to come!

By: Sheila

Sheila — Wed, 11 Feb 2009 16:51:52 +0000

The one and only downside I can think of for having been good money managers and being in a fairly good position now is that thing you said about the ‘government’ taking care of us. Since not everyone can be a receiver, who is left to be a giver (or taken from)? That would be me, thank you very much!

By: D

Wed, 11 Feb 2009 13:30:40 +0000

I love the last line about the pork! Funny but sadly true!
I think living debt free leads to a less stressfull life as well as an ability to have nicer things. Look at the famous Duggar Family. The lived in simple homes for a long time which enabled them to get their dream home. My inlaws live in a modest 2 bedroom home, but it is the most beautiful 2 bedroom..being debt free has allowed them to really invest in it. If we were not paying any debt it would only take a couple of months for my husband and I to completely renovate our kitchen with cash. The debt free people I know just have it better!

I really believe in Dave Ramsey’s famous saying “LIve like no one else, so later you can really live like no one else!”