Comments on: 25 Reasons To Get Out of Debt Today http://www.moneycrashers.com/25-reasons-to-get-out-of-debt-today/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 21:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mikehttp://www.moneycrashers.com/25-reasons-to-get-out-of-debt-today/#comment-6089 Mike Thu, 24 Jul 2008 16:14:37 +0000 http://www.moneycrashers.com/?p=604#comment-6089 Debt really isn't a bad thing, provided you are living within your means and can make the monthly payments without worry. It's when debt exceeds your means that you have to worry. Debt really isn’t a bad thing, provided you are living within your means and can make the monthly payments without worry. It’s when debt exceeds your means that you have to worry.

]]> By: michaelhttp://www.moneycrashers.com/25-reasons-to-get-out-of-debt-today/#comment-6088 michael Thu, 24 Jul 2008 14:26:19 +0000 http://www.moneycrashers.com/?p=604#comment-6088 Can you explain #14? How does a higher credit score lead to your dream job? Can you explain #14? How does a higher credit score lead to your dream job?

]]> By: grumpyhttp://www.moneycrashers.com/25-reasons-to-get-out-of-debt-today/#comment-6081 grumpy Wed, 23 Jul 2008 04:15:38 +0000 http://www.moneycrashers.com/?p=604#comment-6081 When I owned a $200 car outright, I always worried about what would fail next, and whether the next failure would merely make the ride even worse than it already was, would cause a temporary (downtime) inconvenience, or be catastrophic. When I owned a $500 car (1989 Hyundai, first year base model) I felt like I was at or below the level of a Yugo. When I financed a 1991 Sentra, I felt like I was finally driving something resembling a decent car. And when I paid off the Sentra, I felt less motivated at work because I hated my crappy job and retirement of the debt meant I didn't HAVE to work as hard and as long. When I owned a $200 car outright, I always worried about what would fail next, and whether the next failure would merely make the ride even worse than it already was, would cause a temporary (downtime) inconvenience, or be catastrophic. When I owned a $500 car (1989 Hyundai, first year base model) I felt like I was at or below the level of a Yugo. When I financed a 1991 Sentra, I felt like I was finally driving something resembling a decent car.

And when I paid off the Sentra, I felt less motivated at work because I hated my crappy job and retirement of the debt meant I didn’t HAVE to work as hard and as long.

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