Comments on: Debt Unicorn http://www.punchdebtintheface.com/2010/01/debt-unicorn.html A fun personal finance blog Sat, 11 Feb 2012 01:47:08 +0000 hourly 1 http://wordpress.org/?v=3.3 By: parwati http://www.punchdebtintheface.com/2010/01/debt-unicorn.html#comment-4384 parwati Thu, 25 Feb 2010 13:11:39 +0000 http://www.punchdebtintheface.com/?p=809#comment-4384 no!if god didn't mentioned this animal then how come you bloody bustard idiot duffer doofus and witch say that it is real u r bustard bustard and bustard no!if god didn't mentioned this animal then how come you bloody bustard idiot duffer doofus and witch say that it is real u r bustard bustard and bustard

]]> By: quarterlife girl http://www.punchdebtintheface.com/2010/01/debt-unicorn.html#comment-3142 quarterlife girl Thu, 14 Jan 2010 03:10:01 +0000 http://www.punchdebtintheface.com/?p=809#comment-3142 Have you ever seen an angry unicorn? They are vicious and scary looking! (It's true...ask anyone that knows anything about unicorns.) Actually, that works out pretty well with your comparison....when everything is fine and dandy, and the money is flowing you and your unicorn might get along fine. But the minute you do something to piss off your unicorn (i.e. miss a payment?) all bets are off...you better get off that unicorn and run for your life! Have you ever seen an angry unicorn? They are vicious and scary looking! (It's true…ask anyone that knows anything about unicorns.) Actually, that works out pretty well with your comparison….when everything is fine and dandy, and the money is flowing you and your unicorn might get along fine. But the minute you do something to piss off your unicorn (i.e. miss a payment?) all bets are off…you better get off that unicorn and run for your life!

]]> By: April B http://www.punchdebtintheface.com/2010/01/debt-unicorn.html#comment-3097 April B Tue, 12 Jan 2010 22:19:22 +0000 http://www.punchdebtintheface.com/?p=809#comment-3097 Oh boy, credit card debt. My husband and I just started our journey out of debt about a month ago. It's going to be a LONG road! We were not exactly complacent, we just felt like it was too big of a mountain to climb. We thought that our financial life is so wrecked already, so why bother? Let's live for today!! Haha. BAD idea! Now that we have woken up, we figure whatever progress that we make is better than nothing at all. Oh boy, credit card debt. My husband and I just started our journey out of debt about a month ago. It's going to be a LONG road! We were not exactly complacent, we just felt like it was too big of a mountain to climb. We thought that our financial life is so wrecked already, so why bother? Let's live for today!! Haha. BAD idea! Now that we have woken up, we figure whatever progress that we make is better than nothing at all.

]]> By: Josh http://www.punchdebtintheface.com/2010/01/debt-unicorn.html#comment-3063 Josh Tue, 12 Jan 2010 01:13:14 +0000 http://www.punchdebtintheface.com/?p=809#comment-3063 It is tough that the economy is contracting and people have lost jobs, but at the same time I think it did have to happen sooner or later. The credit fuelled economy could not continue on forever. The economy was supercharged on credit, and the supply was cut. It seems people expect advanced economies to continue growing at like 3% a year, but can this really continue forever? Somtimes I wonder. There's only so many resources out there to be used, and the Earth can only handle so much abuse. What's the alternative though? Going back to a simpler way of life, being happier with less, and *gasp* no more flat screen TV's! That's gonna be a tough day when it arrives. It is tough that the economy is contracting and people have lost jobs, but at the same time I think it did have to happen sooner or later. The credit fuelled economy could not continue on forever. The economy was supercharged on credit, and the supply was cut.

It seems people expect advanced economies to continue growing at like 3% a year, but can this really continue forever? Somtimes I wonder. There's only so many resources out there to be used, and the Earth can only handle so much abuse. What's the alternative though? Going back to a simpler way of life, being happier with less, and *gasp* no more flat screen TV's! That's gonna be a tough day when it arrives.

]]> By: Meg http://www.punchdebtintheface.com/2010/01/debt-unicorn.html#comment-3062 Meg Tue, 12 Jan 2010 00:57:00 +0000 http://www.punchdebtintheface.com/?p=809#comment-3062 I was gonna post a long comment, but I'm gonna try to be short & sweet instead. ;) The hubby and I have a fairly nice list of what many would consider "nice" things... With zero credit card debt. I would list everything that I consider nicer, but I'm afraid of feeling like I'm bragging. (I totally don't mean to, honest!!) Our only debt is ~$1.8k on a car loan that'll be killed in March or so, and my ~$30k or so of student loans. You can have those nice things, you just have to decide what your priorities are. (And be totally honest about what you can afford.) For us, our priority is clear -- Everything's for the cars. :) I was gonna post a long comment, but I'm gonna try to be short & sweet instead. ;)

The hubby and I have a fairly nice list of what many would consider "nice" things… With zero credit card debt. I would list everything that I consider nicer, but I'm afraid of feeling like I'm bragging. (I totally don't mean to, honest!!)

Our only debt is ~$1.8k on a car loan that'll be killed in March or so, and my ~$30k or so of student loans.

You can have those nice things, you just have to decide what your priorities are. (And be totally honest about what you can afford.) For us, our priority is clear — Everything's for the cars. :)

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