Who is in Debt now?i mean Bad debt?
By melmabb
@melmabb (579)
Philippines
July 5, 2010 1:02am CST
Loans,Debt,Borrowed Money,Yes i have a debt!and take note its a Bad Debt!Why because i am always late in paying and cannot meet the deadlines sometimes.The feeling of receiving the approved check of loans is so Good,spending the Money and make used of it until it ends, then the feeling of paying the loan is so bad,when one cannot meet deadlines and payments..and penalties and sometimes a court case...Money is so Easy to spend but so hard to earn....ARE you in Debt?i mean Bad Debt?Share your thoughts!Thanks!
1 person likes this
3 responses
@randylovesdar (4932)
• United States
5 Jul 10
I am in debt unfortunately. My husband is working parttime and unfortunately my husband's boss finds ways to cheat my husband out of pay. My husband's boss will cross out hours on my husband's time sheet after my husband turns in his time sheet so his boss does not have to pay him. It has been hard for me to find work and I am looking into ways to make money from home. I am looking into making crafts that I can sell online. I was thinkng about making wind chimes, but I am not sure if they will sell.
I know my husband and I have had to get rid of a lot things just so we can survive. Our car is giving us fits, but we do not have the money to repair it and we cannot find a newer car which will runs better.
1 person likes this
@melmabb (579)
• Philippines
5 Jul 10
in fact i did all that you said here, when money is scarce, instead of borrowing to a friend or other relatives, i checked all the things in the house that has value and is not always needed, it help too, but the best is to have a job even a menial one, that can help your spouse too,and this legal paying sites that were into,hope this site will be of help ,than a burden to us ....Thanks!
@rosekiss (30413)
• Eugene, Oregon
6 Jul 10
I was in bad debt up until March of this year, as I had credit cards to pay, plus mortgage, plus other bills, and I found it hard to get myself out of the hole I dug for myself. I have since been able to pay off my credit cards and get rid of my mortgage, and it feels good not to have any of those anymore, as I was spending more per month than what was coming in, and it was bad. Now that things are better, I still have 2 bills that are on time, which are for my daughter, but she is taking care of the car payment and the other I am doing as it has a balance of under $1000, so it won't take long to get it paid off. I might have to help with the car payment, but I told my daughter that I can't do it all the time, and she knows that. The thing of it is,my son in law just lost his job, and until he finds another one, they are having a hard time. I will help when I can, but I need to take care of myself too, since I have had a hard time paying my bills. Good luck to you and happy mylotting. 
@randylovesdar (4932)
• United States
14 Jul 10
Hi Rosekiss,
I think it is great that you have been able to pay off your credit card debt and the mortgage. I am still hoping we can pay it off in seven more years (highly unlikely at the moment, but we will see). I am trying my best to look for work, but cannot find anything at all. I have a college degree and am now told that at most places I am over qualified. I always thought having a college degree would get me ahead not behind.
I am going to sell some items online and also try to start an online craft business. I paint tiny wood birdhouses and make them into wind chimes. I am also hoping to start soap making soon so I can sell that online as well. I also make Christmas ornamnets out of dough and paint them as well. I am hoping that I can make a go with this.
@melmabb (579)
• Philippines
9 Jul 10
We are the same rosekiss ,but don't you notice sometimes when we are in debt, we are more responsible and also knows priorities, than before ,in my case when debt is zero in the past i used my money in useless things, like vacations and games which didn't help me,instead of saving the bucks or investing,it just went boom boom boom away from my purse...Now that we have debt, we are more aware of our Money, where it would be allocated...thanks and Goodluck!
