Is it wise?

@aribaba (366)
Indonesia
March 27, 2007 11:37pm CST
to pay our debt with another debt? I mean, we pay one debt by borrow to someone else? dig another hole to cover the other hole. which way the best to make it end.
2 responses
coolseeds
@coolseeds (3919)
• United States
28 Mar 07
Sure it is the American way why not. lol =)
coolseeds
@coolseeds (3919)
• United States
28 Mar 07
I accidentally posted the comment before I typed this. I don't buy anything with credit cards. I have never used the electronic signature machine at the stores. If I don't have money for something, doesn't get purchased. Plain and simple. That is how to get out of debt. Do not live beyond your means. If it means driving a used car, so be it. Get rid of the new car and drive a used one. Insurance is cheaper too. You save money all around. Besides the fact that gas powered cars are on their way out. Good Luck with your finances.
aribaba
@aribaba (366)
• Indonesia
28 Mar 07
I see, that's why a lot of "holes" in America!LOL, don't take it seriously, I was just kidding!
aribaba
@aribaba (366)
• Indonesia
28 Mar 07
gees, it just like a chat, but thanks anyway for your good advice...
ycnanrealo
@ycnanrealo (63)
• Philippines
28 Mar 07
Nope... In the first place its not wise to borrow money from others... but we can not avoid it... the best way is to spend wisely... thats it!