i’m shocked!

Posted: 01/08/2009 in life


Suze Orman and OprahHow to raise your FICO score

i’m tired and have decided to rest a bit this afternoon. so i’m camped out on the couch watching oprah (because we have one channel and nothing else is on). suze is on today talking about debt. in their studio audience of 225 people this is near 3 million dollars in credit card debt alone. that’s not including car loans, mortgage, personal debt, student loans, just credit card debt. 

i’m devastated for these people! i don’t feel sorry for them, i don’t feel pity at all. they need help and i hope they can do it for themselves! i’m sure it would be truly liberating for them if they got themselves out of this. 

i’m grateful to my husband for keeping us out of debt and am extremely thankful that we have absolutely no debt right now. soon to change! yay! for a house! 🙂 

i am praying for this national financial crisis, not in a broad way but in a personal way, praying for individual people to be able to beat this demon of living beyond our means!


download suze’s book for 2009’s financial plan is available for free download here but only for ONE week! so do it now if this is something you need! (i have not personally read it nor do i recommend this; just tellin ya it’s there!)

  1. Shonya says:

    Oh, don’t worry, those people will just file bankruptcy and the rest of us can pay their bills. Didn’t you know that’s how our socialistic country works these days? Instant gratification, irresponsibility, lack of integrity–all the rage. Sorry, sounding a little cynical tonight, aren’t I?!

  2. jenifriend says:

    Shonya I don’t know who you are but I think you’re my new best friend!! You took the words right out of my mouth. And Breanna, you are a braver soul than me for watching Oprah…if that was my only channel I’d be submerging myself into anything besides TV…oh the horror!! I just started reading this book called “Your Money or Your Life” and I already enjoy it. It’s about taking personal responsibility for all things in your life, including financial responsibility. It’s amazing how reliant people have become on the government to take care of their financial needs and how much less educated they are choosing to be on how to be more responsible for themselves and their money. I am very grateful to have my HTB as educated as he is about finances, but that still doesn’t leave me any less responsible for our finances. I pray that families realize their duty to themselves to remain accountable for their actions and their non-actions, and take proper measures to take care of themselves so I don’t have to.

  3. Traci says:

    I think cynical might be an understatement. But anyways… I won’t give pity for those in debt, but I will have compassion. 🙂 I(we) have been on both sides, debt free & way in over our heads. And No we didn’t go file bankruptcy. It is very overwhelming and depressing to be in over your head and to climb out of that hole. Some do intentionally choose the easy way out and never learn from it, but for others filing bankruptcy and realizing the mess they created is heartbreaking. Remember not everyone is raised by a God loving family or in small town Iowa where gangs don’t run the streets. I think it’s sad what America has come down to, but if we just sit here and talk about the horror of it all, we will get nowhere. If you know how to manage a lifestyle debt free takes that gift and pass it on. Obviously someone had to pass this knowledge onto you (and thank them for that!). I’ll also be Praying for those in need, they have a looong road ahead of them. I hope they see the light at the end of the tunnel. 🙂

  4. Britt says:

    Well then you have more compassion than me .. I just think they need a swift kick in the pants.

    I mean, really .. who needs that much STUFF?

  5. Traci says:

    Very True. Nobody needs that much stuff. Anyone who knows me knows that is my biggest pet peeve ever… people and their stuff. It’s always more, more, more. Then it doesn’t stop there it has to be the BEST of the BEST, They are NEVER satisfied. I just don’t think a swift kick in the butt will work lol, they need the proper tools and knowledge to learn about their mistakes and how to turn it around. That’s where my compassion comes in 🙂 I just don’t think labeling everyone into one category is a fair way of doing it….ya know? Not everyone drowning in debt has gobbs of stuff and not everyone files bankruptcy. jmo

  6. breanna says:

    lol you guys crack me up! for course i agree with all of you! i decided for once to not vomit my opinion all over my blog… and then you all said everything i wanted to “vomit”… i love it! thanks so much!!!! 🙂

  7. Shonya says:

    Hmmmm. . .Tracy, I do also have compassion on some who are stuck in debt (such as medical bills), and I do believe in educating others. We have shared stewardship tips with many people, one of which is Dave Ramsey’s methods of managing money. I know too many people, however, who got themselves into debt because they were selfish, greedy, prideful, impatient. . .some of those knew better (including my own brother who learned the same financial management I grew up with–but he wanted what he wanted NOW) and made that choice. You are right that they need the proper tools and knowledge, and we must share them (although I think sometimes it’s more about personal CHARACTER than it is about money management), but I’m a little concerned at the lack of personal responsibility our country has. I don’t buy the ‘I’m a victim, no one ever taught me this, I just don’t know better, I didn’t have good parents, there were gangs on my street, I was under the influence so not responsible for my actions’ excuses. We all have personal responsibility for the decisions we make in our lives, regardless of our backgrounds. Otherwise, think of the future–if people just don’t know better so get excused, then their children don’t know better so get excused, and so forth until. . .well, we pretty much have our country in 2009!! 🙂 I’m sorry if that sounds harsh, but at some point, don’t we all have to grow up? In the past, God winked at ignorance, but now calls all men everywhere to repent. This topic is fresh on my mind b/c I just had a discussion with someone who was saying it’s the BANKERS’ faults that people are having a hard time paying their mortgages. Now, I’ll grant you, it irritates me beyond belief that a banker will say you can afford $950 a month house payment when anyone with common sense can see that won’t work for your income, but STILL! To say it’s the banker’s fault that you borrowed too much money? Does the consumer not have any personal responsibility to evaluate for himself what his standard of living needs to be based on his income??? Seriously! With freedom comes responsibility!!

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