Comments on Single Guy Money: What Happened to Personal Responsibility?

I completely agree with your point: so many people...

2010-04-25T14:35:57.095-04:00

I completely agree with your point: so many people too easily put the blame on someone else. I think the real problem is that it's difficult to confess to a problem. For example, maybe people are spending way more than they make because they are trying to "keep up with the Jones's." Or, perhaps it's greed that's driving their behavior.

I live in California

Good stuff, sometimes the truth hurts. But it'...

2010-04-24T23:31:23.084-04:00

Good stuff, sometimes the truth hurts. But it's still necessary to hear!

We are luck that we can use credit to buy home, cars, and go to college. Without credit to have such things, we would have an elite class while the rest of us live like peasants...

Another plus is that there is no debtors prison like the old days too!!!

The key it to control debt and

Man I have been an advocate for personal responsib...

2010-04-23T15:49:05.248-04:00

Man I have been an advocate for personal responsibility for a long time, and ever since I started using it to manage my own life, my life has only gotten better and better. The key is knowing that no matter what happens to me, whether I caused it or not, I have control over what happens next. Something doesn't have to be your fault to take responsibility for it. It seems that people not only

I totally agree. If people accepted more personal...

2010-04-23T12:41:52.907-04:00

I totally agree. If people accepted more personal responsibility they wouldn't take the financial risks they do. If they didn't take those risks, much of the mortgage crisis wouldn't have happened.

Hopefully, a lesson we can learn from the recession is to look before leaping, and then, even if you fall, it is your responsibility to climb out of whatever mess you find

What kills me are the stories of people who were m...

2010-04-22T08:00:30.692-04:00

What kills me are the stories of people who were making $40k a year and became mortgage brokers and made over $100k for like one year and immediately began living large? I see a news story on someone like this all the time. They are inevitably in foreclosure and crying about it. If that happened to me I would keep the same lifestyle and save a ton of money.

Yep, if we just owned up, like stop blaming others...

2010-04-22T00:19:08.665-04:00

Yep, if we just owned up, like stop blaming others for buying an expensive home, we'd all be good!

Hey now. As a single guy myself without any credit...

2010-04-21T13:27:20.491-04:00

Hey now. As a single guy myself without any credit cards, any debt, anything of value except 2 suits, a car, and a laptop; I have to say you need a break.
Dudes, not having any credit gets people ruffled pretty quick.
"What? You are crazy! How are you going to buy a house?"
"What? How do you buy airplane tickets?"
"What? How do you not have debt?"

This is a frequent topic of mine. I just don't...

2010-04-21T10:41:06.188-04:00

This is a frequent topic of mine. I just don't understand how people can muster moral outrage for things like credit card companies.

Companies are capitalists. They're out to make money off you. On the other hand, you're out to use them too -- either to get rewards or, unfortunately, to spend what you don't have.

Stop complaining that they're evil.

I completely agree!!! I have NEVER understood how...

2010-04-20T19:53:36.700-04:00

I completely agree!!! I have NEVER understood how people can charge an outrage amount and then think that they only need to pay back the minimum payment. Then they get upset when they start getting hounded! It doesn't make ANY sense!

Oh, I completely agree!

2010-04-20T16:05:55.004-04:00

Oh, I completely agree!

Credit card companies do not lose money on you. Th...

2010-04-20T15:00:16.826-04:00

Credit card companies do not lose money on you. They receive a percentage of the sale as a collection fee. This is turn, leads to higher prices set by the store in order to make up for this loss. So, you're going to pay them no matter what.

I agree. I've felt this way for a while, and t...

2010-04-20T14:49:48.360-04:00

I agree. I've felt this way for a while, and thing the country would be much better off if everyone just stepped up and owned their mistakes and responsibilities.

it's funny that you guys both dealt with this ...

2010-04-20T14:14:36.820-04:00

it's funny that you guys both dealt with this topic on the same day! check this out..
http://onefrugalgirl.blogspot.com/
:) xoxo-nklsmom