Comments on: Debt Free News From A Debt Free Reader #5

By: Brad Chaffee

Brad Chaffee — Tue, 14 Sep 2010 23:56:49 +0000

Yeah the banks did a real good job of creating that lie in order to make their profits. They weren\’t just thinking about today\’s profits, they were thinking about profits 3o years down the road. Let\’s just say they are good at what they do. To say that debt is good for leveraging is just sham. To think that you are really using other people\’s money to make money is nothing but a house of cards. It can be done but eventually the house crumbles. As far as owning a home without debt, there are people that will swear till they are blue in the face that not having a mortgage is a dumb move, but I always say isn\’t it ALWAYS better to own something than to owe for it? There is only one answer to that question. The problem is that people have been convinced that they shouldn\’t have to wait in order to save for their \”dream home\”.

By: Nicole

Nicole — Tue, 14 Sep 2010 23:26:53 +0000

I think it’d be great to own a home without going into debt. I have heard that you need debt to say, fund your business, and about leveraging… but in all honesty, it’s better to go without it. Like the proverb says, the debtor is servant to the lender… and being a servant like that just isn’t fun!

By: Debt Free News From A Debt Free Reader #7

Debt Free News From A Debt Free Reader #7 — Mon, 12 Apr 2010 14:06:29 +0000

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By: Debt Free News From A Debt Free Reader #8

Debt Free News From A Debt Free Reader #8 — Mon, 12 Apr 2010 14:01:01 +0000

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By: Debt Free News From A Debt Free Reader #6 | Enemy of Debt: Where Behavior Meets Reality

Thu, 25 Feb 2010 15:29:23 +0000

By: Brad Chaffee

Brad Chaffee — Tue, 16 Feb 2010 22:12:01 +0000

Hey Arlin, here is the post I just got finished with in response to your comment. Thanks for posting sir, and I hope I have helped in some small way!

By: Brad Chaffee

Brad Chaffee — Tue, 16 Feb 2010 19:14:08 +0000

Hey Arlin…me again. I am working on the post now to address your question. Thanks for your patience.

By: Financial Samurai

Financial Samurai — Tue, 16 Feb 2010 00:16:00 +0000

Great bond you guys have out there you two! Reminds us how great the internet is, bringing folks together.

Good job guys!

By: Mrs. Money

Mrs. Money — Mon, 15 Feb 2010 16:26:48 +0000

This is going to be my year to be debt free! All we have left is a car loan with like $4k on it. That bad boy is GONE this year!

By: B2W

B2W — Sun, 14 Feb 2010 15:56:58 +0000

I just came across your site from Deliver Away Debt. I like this feature, where your debt-free readers answers some questions. I will have to participate myself someday but I am not entirely debt-free yet. I do have to agree with J. Money on one point. Stop shopping.

Buy only what you need. Plenty of time to spoil yourself later in life.

By: 15 Minutes and Carabane Beach | Budgeting To Wealth

15 Minutes and Carabane Beach | Budgeting To Wealth — Sun, 14 Feb 2010 15:54:30 +0000

[...] an interesting feature on Enemy of Debt is the Debt Free News for a Debt Free Reader installlment where J.Money of Budgets are Sexy is interviewed here. When asked about what [...]

By: Brad Chaffee

Brad Chaffee — Sat, 13 Feb 2010 21:33:50 +0000

Jay Money is a personal finance pimp! Stop dreaming, start doing indeed!

By: Brad Chaffee

Brad Chaffee — Sat, 13 Feb 2010 21:32:47 +0000

Bucksome! I am SO looking forward to that day! You deserve it! Keep pushing forward and your determination will prevail!

By: Brad Chaffee

Brad Chaffee — Sat, 13 Feb 2010 21:30:21 +0000

Arlin – I am planning to address your question and this comment in my post on Monday. I believe you have more options and will lay them out for you, so that others can learn from it as well. Hang in there buddy!