The Lounge

[coubob]

Well i really dont post much on here anymore. Ive been busy, work, wife, grandkids, hobbies. Kinda excited I`m almost out of debt. I only have 5 or 6 more payments on my house, and bout the same time, i should have a credit card payed off as well. Gonna be strange not having a mortgage payment.

 

[pigfarmer]

Gonna be strange not having a mortgage payment.

It's liberating after all those years.

Younger people in my family have done some weird Debt math. When you are young I understand you need to establish credit. I remember doing that and I bought and paid off the Craftsman tool set that I still use almost daily.

Remember when credit cards weren't the same size we take for granted now? My Sears card was skinny by comparison. Ker-chunk with the old carbon copy machine. I rolled a joint with one of those weird types of paper once. Interesting.

My 20 y/o great nephew has come up with all sorts of gobbdeygook to justify the 'credit building' he's done with cars he absolutely doesn't need to go along with the brand new child he has produced. My niece, his mother, causally told me about her debt which somehow she doesn't see as debt. See? You can have a money fire and just rationalize it away. Some debit is unavoidable at certain points in our lives but I know they don't understand how deep a hole it is they are digging.

I'm with you - pay it off. Can't save while you owe.

 

[The shadow]

My phone was stolen last night I'm recovering with a new one