I'm not. Bought a new house and now an in major financial debt.
2006-10-05 16:41:19 · 8 answers · asked by Hippy of 21st Century - Jargouss 3 in Business & Finance ➔ Personal Finance
Please give details
2006-10-05 16:45:56 · update #1
Well, no...
I am making 20% more, but.... I am spending 40% more...
Gas has doubled in price over the past 5 years...
Medical co pays have almost tripled...
My property taxes have tripled....
It's not fun!
I may have to go back to shooting porn....
2006-10-05 16:51:12 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I was in your shoes once--but I'm better off now. i own two houses and two cars -- tho all are used. I have no debt and live check to check-- but was able to pay over a grand in one week for immediate necessaties. I have $200 in savings--but know one can take any of it away. and in two weeks I'll be back up to more than two grand in savings. You have to save for what you want and pay cash for it. It's cheaper in the long run and more secure.
2006-10-05 23:50:47 · answer #2 · answered by islandboosky 3 · 1⤊ 0⤋
Yes
five year ago, I was broke
Now, my 401K+Roth IRA is 75000 +30000 in cash account
the Car is paid off
No debt at the age of 33
I don't feel like living paycheck to pay check no more
2006-10-06 03:05:14 · answer #3 · answered by Hoa N 6 · 1⤊ 0⤋
Your house is considered an asset; if you have a mortgage payment within your means, you should not be any worse off and will likely be better off as time passes.
2006-10-05 23:52:23 · answer #4 · answered by picopico 5 · 0⤊ 0⤋
Yes. Investing in the stock market made a lot of money.
2006-10-06 02:25:04 · answer #5 · answered by Steve R 6 · 0⤊ 0⤋
We are. Due to my husband's investment strategy, we did well.
Hope you didn't buy more than you could afford. Hope things get better for you.
2006-10-05 23:50:08 · answer #6 · answered by goldielocks123 4 · 0⤊ 0⤋
no not even close dang it
2006-10-05 23:53:44 · answer #7 · answered by howcor 3 · 0⤊ 0⤋
yes,how do you know?
2006-10-05 23:43:55 · answer #8 · answered by guharamdas 5 · 0⤊ 0⤋