Comments on: Getting lulled into debt http://www.onemint.com/2009/07/31/getting-lulled-into-debt/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Gevork's Debt Guide http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25741 Gevork's Debt Guide Sun, 02 Aug 2009 05:27:57 +0000 http://www.onemint.com/?p=2276#comment-25741 Awesome post, most people especially here in the US would have that type of discipline you did, thats why it is often recommenced that they just cut their cards. Awesome post, most people especially here in the US would have that type of discipline you did, thats why it is often recommenced that they just cut their cards.

]]> By: Mikael @ Retire Rich http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25695 Mikael @ Retire Rich Sat, 01 Aug 2009 20:19:03 +0000 http://www.onemint.com/?p=2276#comment-25695 I am glad that you learned a valuable lesson from the experience (most don't) but I must also give the credit card companies some "credit" :) They definitely know what they are doing. Mikael I am glad that you learned a valuable lesson from the experience (most don’t) but I must also give the credit card companies some “credit” :) They definitely know what they are doing.

Mikael

]]> By: Jessie http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25689 Jessie Sat, 01 Aug 2009 18:16:49 +0000 http://www.onemint.com/?p=2276#comment-25689 Sounds like you learned how to manage credit cards early on - congrats to that! Sounds like you learned how to manage credit cards early on – congrats to that!

]]> By: Manshu http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25674 Manshu Sat, 01 Aug 2009 13:09:04 +0000 http://www.onemint.com/?p=2276#comment-25674 Especially when you are trying to explain something slightly complicated like Options to people who don't understand risk ;) Especially when you are trying to explain something slightly complicated like Options to people who don’t understand risk ;)

]]> By: Manshu http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25672 Manshu Sat, 01 Aug 2009 13:06:29 +0000 http://www.onemint.com/?p=2276#comment-25672 Fortunately for me, it wasn't a very hard lesson. Fortunately for me, it wasn’t a very hard lesson.

]]> By: Jason http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25627 Jason Sat, 01 Aug 2009 00:46:51 +0000 http://www.onemint.com/?p=2276#comment-25627 Well, thanks for sharing your story with us. People should read it and try not to make the same mistakes with their credit cards. At least you did not try to avoid the situation and just keep spending, till the balance was unmanageable. I see people all the time who start off like you did but they never stop spending. The balance just keeps going up, then they file for bankruptcy and pretty soon everyone is doing it, and not soon after that the economy is in the fu**ing mess, like right now. I'm glad you stepped up and did the right thing. Well, thanks for sharing your story with us. People should read it and try not to make the same mistakes with their credit cards.

At least you did not try to avoid the situation and just keep spending, till the balance was unmanageable. I see people all the time who start off like you did but they never stop spending. The balance just keeps going up, then they file for bankruptcy and pretty soon everyone is doing it, and not soon after that the economy is in the fu**ing mess, like right now. I’m glad you stepped up and did the right thing.

]]> By: Mark Wolfinger http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25622 Mark Wolfinger Fri, 31 Jul 2009 23:22:53 +0000 http://www.onemint.com/?p=2276#comment-25622 "The biggest thing I learned from my experience was that the discipline has to come from within. No amount of nudging by spouses or warnings by friends can save you, if you yourself are not serious about it." That's what makes trying to explain it to others so frustrating. It' so <i>obvious</i> to you, you just cannot understand why everyone doesn't get it. It doesn't have to be on any specific topic. People just have to learn for themselves, ignoring the good advice that's available. A total waste. “The biggest thing I learned from my experience was that the discipline has to come from within. No amount of nudging by spouses or warnings by friends can save you, if you yourself are not serious about it.”

That’s what makes trying to explain it to others so frustrating. It’ so obvious to you, you just cannot understand why everyone doesn’t get it. It doesn’t have to be on any specific topic. People just have to learn for themselves, ignoring the good advice that’s available. A total waste.

]]> By: Ancella http://www.onemint.com/2009/07/31/getting-lulled-into-debt/comment-page-1/#comment-25588 Ancella Fri, 31 Jul 2009 12:59:36 +0000 http://www.onemint.com/?p=2276#comment-25588 This is a nice article! Glad to know that you finally managed to get your expenses under control, even though you learnt it the hard way. This is a nice article! Glad to know that you finally managed to get your expenses under control, even though you learnt it the hard way.

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