Comments on: Debt Is A Lot Like Chewing Gum http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/ Motivational Money Management Wed, 08 Feb 2012 06:09:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Weekend Linkage – January 24, 2010 http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4177 Weekend Linkage – January 24, 2010 Mon, 25 Jan 2010 04:15:25 +0000 http://www.enemyofdebt.com/?p=2519#comment-4177 [...] Debt Is A Lot Like Chewing Gum [...] [...] Debt Is A Lot Like Chewing Gum [...]

]]> By: Bucksome http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4163 Bucksome Sat, 23 Jan 2010 13:02:10 +0000 http://www.enemyofdebt.com/?p=2519#comment-4163 Dustin/Brad, crack might be a good analogy to debt, but hopefully you don't have enough experience to describe it so well, LOL. I COULD relate to the chewing gum experience. Thanks for a motivating post! Dustin/Brad, crack might be a good analogy to debt, but hopefully you don’t have enough experience to describe it so well, LOL. I COULD relate to the chewing gum experience.

Thanks for a motivating post!

]]> By: Brad Chaffee http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4141 Brad Chaffee Fri, 22 Jan 2010 06:18:40 +0000 http://www.enemyofdebt.com/?p=2519#comment-4141 Man that might be one to illustrate a different point about debt---it's destructive nature. That's a good one Dustin thanks!! Imagine the intro to that post. :D I could really have fun with that one. So much better indeed! Have I ever told you I have NO credit score? LOL I love it too! I have had so many people suggest that I open up a credit card to build my score, I just look at them and laugh like a rabid hyena with big eyes. Haha! Ok well not really, because I am more respectful than that, BUT that is what I envision doing in my head each time.:D Man that might be one to illustrate a different point about debt—it’s destructive nature. That’s a good one Dustin thanks!! Imagine the intro to that post. :D I could really have fun with that one.

So much better indeed! Have I ever told you I have NO credit score? LOL I love it too! I have had so many people suggest that I open up a credit card to build my score, I just look at them and laugh like a rabid hyena with big eyes. Haha! Ok well not really, because I am more respectful than that, BUT that is what I envision doing in my head each time.:D

]]> By: Brad Chaffee http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4140 Brad Chaffee Fri, 22 Jan 2010 06:10:45 +0000 http://www.enemyofdebt.com/?p=2519#comment-4140 My pleasure! :D My pleasure! :D

]]> By: Dustin | Engaged Marriage http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4139 Dustin | Engaged Marriage Fri, 22 Jan 2010 05:41:33 +0000 http://www.enemyofdebt.com/?p=2519#comment-4139 Great post, Brad! Given the level of addiction and the detrimental effects, I think I would compare debt more to crack than chewing gum! :) We broke our habit and our lives have so much better ever since... Great post, Brad! Given the level of addiction and the detrimental effects, I think I would compare debt more to crack than chewing gum! :)

We broke our habit and our lives have so much better ever since…

]]> By: Brandi http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4138 Brandi Thu, 21 Jan 2010 20:34:55 +0000 http://www.enemyofdebt.com/?p=2519#comment-4138 Thanks Brad!! Thanks Brad!!

]]> By: Brad Chaffee http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4137 Brad Chaffee Thu, 21 Jan 2010 18:34:50 +0000 http://www.enemyofdebt.com/?p=2519#comment-4137 You are not alone. It's hard not to wonder about those things when the system in place seems to benefit the ones that created it. I am of course referring to the credit system where in order to be seen as financially responsible you must enter into the world of borrowing. I see a big problem with that especially for people like me who do not wish to be a slave to anyone for any reason. Thanks for your wonderful comment! You are not alone. It’s hard not to wonder about those things when the system in place seems to benefit the ones that created it. I am of course referring to the credit system where in order to be seen as financially responsible you must enter into the world of borrowing. I see a big problem with that especially for people like me who do not wish to be a slave to anyone for any reason. Thanks for your wonderful comment!

]]> By: Brad Chaffee http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4136 Brad Chaffee Thu, 21 Jan 2010 18:21:34 +0000 http://www.enemyofdebt.com/?p=2519#comment-4136 I was a little unsure if I put this together good enough to make it a good metaphor, but I hope I at least made my point. Thanks for stopping by Aaron. Oh and now that I have my internet connection back, I will be working on that page. :) I was a little unsure if I put this together good enough to make it a good metaphor, but I hope I at least made my point. Thanks for stopping by Aaron. Oh and now that I have my internet connection back, I will be working on that page. :)

]]> By: Brad Chaffee http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4135 Brad Chaffee Thu, 21 Jan 2010 18:19:41 +0000 http://www.enemyofdebt.com/?p=2519#comment-4135 Great Brandi! The debt snowball does work very well, and the best part is that it keeps you motivated. We had our biggest struggle with the final debt since it was so big. That's why I came up with this: <a href="http://www.enemyofdebt.com/2009/09/debt-snowball-staying-motivated-while-paying-off-your-larger-debts/" rel="nofollow">Debt Snowball – Staying Motivated While Paying Off Your Larger Debts.</a> As always I wish you the best in completing what you have started. It sounds like you are very excited about the prospect of ridding yourself of that pesky debt. Congratulations! :) Great Brandi! The debt snowball does work very well, and the best part is that it keeps you motivated. We had our biggest struggle with the final debt since it was so big. That’s why I came up with this: Debt Snowball – Staying Motivated While Paying Off Your Larger Debts.

As always I wish you the best in completing what you have started. It sounds like you are very excited about the prospect of ridding yourself of that pesky debt. Congratulations! :)

]]> By: Tracy http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4134 Tracy Thu, 21 Jan 2010 16:20:30 +0000 http://www.enemyofdebt.com/?p=2519#comment-4134 It is my personal conspiracy theory that our economic system has been built on a house of cards designed around the idea that if you can just keep consumers spending money, even if they don't have any, everyone will be happy. The banks led the way with high risk credit, and a hard sell to the public through almost every marketing campaign in sight, whether it is the billboard on the freeway implying that beautiful girls will flock to you if only you have the right car, to how much younger and prettier you will be if only you finance that plastic surgery. I fell deep into the abyss myself and just beginning to truly understand the magnitude of my own folly. If I can stick to my plan I should be debt free in less than 3 years. Sooner, if I can work enough overtime. The whole ugly mess goes along with our unfortunate natural tendency, as a species, to use/waste resources until they are gone, without slowing down long enough to find a way to preserve things for the future. Overcoming this behavior is as important for governments as it is for individuals. Whew, thanks for the forum, I feel better. It is my personal conspiracy theory that our economic system has been built on a house of cards designed around the idea that if you can just keep consumers spending money, even if they don’t have any, everyone will be happy. The banks led the way with high risk credit, and a hard sell to the public through almost every marketing campaign in sight, whether it is the billboard on the freeway implying that beautiful girls will flock to you if only you have the right car, to how much younger and prettier you will be if only you finance that plastic surgery. I fell deep into the abyss myself and just beginning to truly understand the magnitude of my own folly. If I can stick to my plan I should be debt free in less than 3 years. Sooner, if I can work enough overtime. The whole ugly mess goes along with our unfortunate natural tendency, as a species, to use/waste resources until they are gone, without slowing down long enough to find a way to preserve things for the future. Overcoming this behavior is as important for governments as it is for individuals. Whew, thanks for the forum, I feel better.

]]> By: uberVU - social comments http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4133 uberVU - social comments Thu, 21 Jan 2010 14:09:20 +0000 http://www.enemyofdebt.com/?p=2519#comment-4133 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by wsrebel: Debt Is A Lot Like Chewing Gum http://bit.ly/7j7Xmb... Social comments and analytics for this post…

This post was mentioned on Twitter by wsrebel: Debt Is A Lot Like Chewing Gum http://bit.ly/7j7Xmb...

]]> By: Aaron @ Clarifinancial http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4132 Aaron @ Clarifinancial Thu, 21 Jan 2010 13:56:10 +0000 http://www.enemyofdebt.com/?p=2519#comment-4132 Brad, I love metaphors to describe deeper concepts and this one does it. Great stuff. In fact, I couldn't figure out what to publish this morning, but you convinced me to do another metaphor as well. Maybe it will be all "bubble gum and fences" from here on out. Brad, I love metaphors to describe deeper concepts and this one does it. Great stuff. In fact, I couldn’t figure out what to publish this morning, but you convinced me to do another metaphor as well. Maybe it will be all “bubble gum and fences” from here on out.

]]> By: Brandi http://www.enemyofdebt.com/2010/01/debt-is-a-lot-like-chewing-gum/#comment-4131 Brandi Thu, 21 Jan 2010 13:19:56 +0000 http://www.enemyofdebt.com/?p=2519#comment-4131 Good analogy! I have LOVED working the Dave Ramsey plan for just a little over a year now. It gives me hope everytime I can cross another 'snowball' off my list. Just 18 months more and I'll be debt free and ready to buy a house!!! Good analogy!

I have LOVED working the Dave Ramsey plan for just a little over a year now. It gives me hope everytime I can cross another ‘snowball’ off my list.

Just 18 months more and I’ll be debt free and ready to buy a house!!!

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