2 ms·
The real pity is the lady in the article having the 1st world problem mindset of treating WIC like it's something she gets as punishment I'm with you- as long
by bsclifton 12y ago
The real pity is the lady in the article having the 1st world problem mindset of treating WIC like it's something she gets as punishment
I'm with you- as long as you make more than you spend and you can squirrel away 6 months of savings (to avoid situations where you need assistance), you're doing great.
But enjoyment does count for something, which is what I was getting at. On paper, vacations are a complete waste of money, there is no rationalizing them; they're purely for enjoyment and you have nothing tangible at the end.
The real mistake for these folks was not the $30k car purchase (that they paid off)... but the $200k of debt they introduced themselves to buy purchasing a house in a questionable market and being legally tied to it (unable to sell because it's underwater).
- jacquesm 12y agoAnd to buy an expensive car when they could have gotten a cheaper one instead and use the difference to reduce the principal (which is exactly what I did when I bought the house I live in). For years I drove in ugly but reliable sub $1000 cars to pay down the debt as fast as I could.