Well the DUmp sure fooled me.
I thought when they elected and especially when they reelected their mulatto messiah that would be then end of DUmmy class envy.
With abundant high-paying, low-stress, entry level jobs supplemented by the jug-eared muslim's stash, the deadbeats should be on easy street.
But no. A post about someone paying off a big chunk of debt is all it takes for the DUmp to kick off a huge orgy of wallowing in class envy and self pity:
Mon Apr 29, 2013, 03:22 PM
Liberal_in_LA (28,474 posts)
How We Got Out of $50,000 Worth of Debt
They knocked out the first personal loan by allocating their entire $8,000 tax refund toward it, as well as the proceeds from selling Angela’s car ($3,000) and Ted’s luxury watch ($1,000). They also used the $3,000 they’d saved since January and, by April 2012, they’d deleted a third of their debt.
To pay off the remaining $35,000, they lived on half of Ted’s $6,000 monthly paychecks and put Angela’s entire $1,500 monthly income toward the debt. By August, they’d wiped out the second personal loan and the car was finally paid off in December.
A spending allowance for Ted proved essential. He limited himself to just $100 a week in cash for gas, food and incidentals. Gone were their days of eating out. Their grocery list shrank to just 10 basic items they’d use for all three meals: eggs, milk, bread, salmon, chicken breast, broccoli, asparagus, Brussels sprouts, berries and oatmeal.
An even greater sacrifice came with the couple’s living arrangement, when they boomeranged back to live at home with Ted’s mom and dad. “We wanted to get our own place, but after we looked into our finances and realizing that we pay $700 to stay here and just to help with the mortgage and the utilities, we can save half or even more than half,†says Angela.
http://finance.yahoo.com/news/how-we-got-out-of--50-000-worth-of-debt-201705706.html
http://www.democraticunderground.com/10022772629Response to Liberal_in_LA (Original post)
Mon Apr 29, 2013, 03:31 PM
Make7 (6,396 posts)
4. It's really hard for those poor struggling couples only making $90,000 a year.
I myself considered selling my $1,000 watch, but I only have the pocket watch I received as a gift that is worth about $50. I'm sure my $117 tax refund payment will go far to pay down my debt.
DUmmy A LUNATIC I AM is risking a tombstone:
Mon Apr 29, 2013, 07:13 PM
A HERETIC I AM (10,122 posts)
49. "Do you think a couple can live on $40,000 a year?"
Well, yes, sure. But what astonishes me about your post and those of many of the others on this thread, and for that matter, the larger sentiment of many DU'ers, is that EVERYONE in this country except the "1%" is making $8.50 a hour and therefore EVERYONE is struggling.
It's nonsense.
Look...anyone that has a substantial amount of debt and is able to pay it down deserves some praise, OK?
I'm really sorry that there are people that have difficulties. I am by no means without them. I have finally, after the vast majority of my adult life, achieved a neutral (as opposed to a negative) net worth. But I have no one to blame for that situation but myself. I have paid off over $15,000 in debt over the last 18 months, so I have a little bit of an understanding of what these people went through. That paying off, BTW was preceded by the longest stretch of unemployment I have ever had in my more than 30 years working for wages.
It is no one else's fault but my own that I used credit cards as a second income during the late 80's and 90's and ran up all that debt. But I got out from under it. Have I put up a thread about it? No. But I did pay it off.
Should I be belittled because I was able to do it?
As I said, $90K is just $45K times two. It isn't as if these people are living high off the hog. It used to be that if a couple was able to pay their debts, live in a nice place, save and be frugal, put their kids through college, take vacations etc., it was APPLAUDED.
instead, this thread seems to be dedicated to busting the chops of a COUPLE that makes ninety grand TOGETHER merely because they have no kids and moved in with mom and dad.
So the **** what?
Again, $90,000 a year is about what two truckers put together could expect to make. It ain't a fortune.
I am, quite frankly sick and tired of reading the "Oh woe is me" diatribes of DU'ers who seem to be upset that there are other, regular old Americans who have the audacity to be able to hold onto their middle class status.
I am a god damned truck driver, for ****s sake, and I live in a decent house in a decent neighborhood and am finally able to see light at the end of the tunnel and I know it is sunshine and not an oncoming train.
If you're a competent, capable grownup and can't make a living, then who is to blame?
You?
Or someone else?
Mon Apr 29, 2013, 03:31 PM
reformist2 (3,922 posts)
5. Are we supposed to admire a couple making $90K per year for paying off their debt???
Mon Apr 29, 2013, 03:39 PM
Orrex (36,174 posts)
10. My thoughts exactly.
They could have paid off that entire $50K debt from one year's salary and still brought home more than most people I know
I wish I had a $3000 car and a $1000 watch to hock. Boo hoo hoo.
I don't think these DUmmies have been to Dave Ramsay's Financial Peace University.
Mon Apr 29, 2013, 05:39 PM
reformist2 (3,922 posts)
46. It was a piece of cake for them. Certainly not worth being the subjects of an article.
Mon Apr 29, 2013, 10:01 PM
KentuckyWoman (10 posts)
63. 93 a yr is apparently now "the middle"
pretty sickening.
most people's plan to shed 50 grand in debt is to pay on it for a lifetime and then die after barely making a dent in the principle.
Mon Apr 29, 2013, 03:34 PM
reformist2 (3,922 posts)
9. Step #1 for paying off a lot of debt...make a boatload of money!
Mon Apr 29, 2013, 04:01 PM
trotsky (32,872 posts)
23. Is it OK if I sell some of the wad of GM stock that my dad gave me?
Just so that my wife and I can "tough it out" living off investment income while we're in grad school?
Mon Apr 29, 2013, 03:40 PM
JVS (60,485 posts)
12. Annual income of $90,000 combined and moving back into the the parents' home didn't hurt either.
Gotta love tales of the well-off overcoming small problems.
Mon Apr 29, 2013, 04:22 PM
arely staircase (3,960 posts)
31. yeah, i wish i had a six thousand a month paycheck
and I wouldn't buy a 1000 dollar watch either.
He'd buy quarter-pound baggies of bud.
Mon Apr 29, 2013, 03:40 PM
Marrah_G (22,109 posts)
13. With those resources I would find it easy to pay that off also
Mon Apr 29, 2013, 03:40 PM
hobbit709 (25,773 posts)
14. Talk about unrealistic. Let them try that on the average wage earners income.
I know someone who just makes $30K and had hip replacement surgery. $10K up front even with her insurance. She drives a 10 year old car and has a $10 Timex.
Mon Apr 29, 2013, 03:51 PM
4Q2u2 (223 posts)
20. $90,000+
If I made that kind of money I would not be in debt in the first place. Kind of the reason i am is that is what I used to make, and over the last 10 years has seen it steadily eroded
Mon Apr 29, 2013, 04:17 PM
cbdo2007 (6,411 posts)
28. This is good advice, whether you're making $90,000 a year or $12,000 a year.
Rich and poor people all struggle with too much debt. None of us will really be free until we stop buying shit we don't need on credit and get out of debt. That is the only way to truly be free from the choke hold the govt. and private companies have on us all.
Response to cbdo2007 (Reply #28)
Mon Apr 29, 2013, 07:16 PM
duffyduff (907 posts)
54. No, it isn't. You obviously have never lived on 12k a year or less.
It has nothing to do with buying shit we don't need but with being kicked to the curb in this rotten economy and not being able to get back on our feet because there are no real jobs out there.
A little empathy would go a long way with you.
Ugly DUmmy Warpy chimes in. She'd be making six figures, had she not thrown away her career as a registered nurse by being caught stealing narcotics from her hospital:
Mon Apr 29, 2013, 04:19 PM
Warpy (68,630 posts)
29. How to get out of $50,000 in debt: get a high paying job
Most people with student debt are not going to be making $72,000 a year. Many of them will consider themselves lucky to make half that.
Mon Apr 29, 2013, 07:18 PM
duffyduff (907 posts)
55. Any time I read about the "struggles" of married, working couples I want to hurl.
They have NO clue how rough it is to be single with no real income at all and too young to collect SS.
And too lazy to work.
Mon Apr 29, 2013, 07:28 PM
Ilsa (31,524 posts)
59. It's nice that the parents are alive or aren't drunks
or drug addicts or so abusive they can't be lived with.
My parents simply told me "No" when I asked to move back home to save money, and we got along great. It was still "No."
Most DUmmy parents, heartbroken at having spawned a deadbeat, will say "No".
