Layout:
Home > thank you, paycheck

thank you, paycheck

May 16th, 2009 at 07:43 am

Saving log - $5 tip box
Spending log - $12 lunch

It might be just me but payday seemed extra, extra welcome today.

Not a lot going on but somehow there's more on my shopping list this weekend: a battery for my heart monitor, new set of running tights (DH suggested I cut the old ones off at the knee and use nail polish or something to stabilize the spandex. I might try it, but I'd prefer to buy a new set when it doesn't work out), a cell phone for the June vacation.

I can console myself in thinking that no matter how much I think I'm spending myself into the poorhouse, it won't be but a drop in the bucket compared to this

Text is guy and Link is http://www.nytimes.com/2009/05/17/magazine/17foreclosure-t.html?ref=magazine
guy. Read this guy's story, then read our refreshingly boring blogs.

N.B. The guy's story referenced above has a very interesting
Text is "rest of the story" and Link is http://meganmcardle.theatlantic.com/archives/2009/05/the_road_to_bankruptcy.php
"rest of the story" as Paul Harvey would say.

8 Responses to “thank you, paycheck”

  1. gamecock43 Says:
    1242478315

    Ummm...I just read your article link and that is crazy stuff! So interesting! Thanks for providing it!

  2. ralph Says:
    1242482490

    Amen, sister. The good old paycheck is quite a ray of sunshine in my otherwise gloomy financial life! I am quite thankful to have it!

  3. monkeymama Says:
    1242487582

    Wow - thanks for sharing - very interesting!

    I remember we wanted to refi in 2003 when rates were historically low (before now anyway) and I worried we wouldn't be able to qualify on one income alone (we signed the papers the month our first child was born). Looking back, it's laughable. Of course, they didn't blink. They were lending 2-3 times as much without a blink to people with the same household income.

  4. Waterfall Says:
    1242488218

    That guy should have known better. I don't think being in love is a good excuse for becoming clueless. If he ended up in such bad shape, it's frightening to think of the thousands of others out there who didn't even have his financial know-how.

  5. debtfreeme Says:
    1242495015

    Wow what a story and for him, someone who writes about financial news to have been so clueless aas to what he was doing is just so sad.

  6. dmontngrey Says:
    1242501724

    Sorry, no pity from me here. I bought in December 2003 and we wanted to keep it under 200K. Lenders wanted to approve us for so much more!! Uh, that's nice - but I couldn't afford it. Hear that? I couldn't afford it, so I didn't. It really was that easy. Yeah, I'm not in the greatest financial shape, but I'm getting there slowly. Might have something to do with not buying a 400K house.

  7. Valerie Says:
    1242518039

    i must say i was looking forward to this past paycheck myself. want to get back to micro managing my finances again.

  8. Broken Arrow Says:
    1242544780

    I didn't read everything, but well, at least he doesn't make any excuses or point any fingers at anyone else but himself. But otherwise, yeah, he should have known better.

    Yeah, it's amazing how we can all be very emotional in our decisions, and that's not always a good thing.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]