Comments on: If You’ve Got a Heartbeat…

By: Brandygirl

Brandygirl — Sat, 04 Oct 2008 22:20:26 +0000

Great post! We have 2 properties back home which we still own. Though we’ve migrated, we’re very cautious with buying a property here cuz of the economy meltdown. Whatever that’s happening in the US, we are feeling it here too. According to babes, his company is now freezing all hiring for the time being until the economy turns around. So, we decided to wait. Besides, we have those IF feelings still in us. IF anything happens with this pregnancy, we’d need funds to start the IVF process. So, we’d rather not be slaves to the banks, just yet.

ps saw your comment on my blog. You don’t have to apologise. I totally get you. One trip to baby gadget land has just totally put me off. But I’ll have to make my trip again. I’m thinking maybe a bit much later. I need to recuperate from Ms Pavarotti.

Brandygirls last blog post..MAKING BABIES LIKE ASIAN INSTANT NOODLES?

By: Cheri @ Blog This Mom!

Cheri @ Blog This Mom! — Sat, 04 Oct 2008 19:51:05 +0000

This is an excellent perspective, and while I personally would not want to borrow money for a mortgage that I didn't KNOW I could repay on a house that I KNEW was a good deal, I can totally see how others would trust their banks. I'm even going to go so far as to say that a glass half full kind of person might be more trusting. Bottom line, the buck stops with the borrower, huh? Cheri @ Blog This Mom!s last blog post..I'm Giving Away Free Pot for My Birthday

By: Jen

Jen — Sat, 04 Oct 2008 14:59:17 +0000

I think it's a mutual responsibility. We qualified for $150k for our home. We bought an $88k home because we knew what we could afford and what we couldn't (fixed rate). So while I think some people are just idiots, I do also think the lenders are idiots. Jens last blog post..Master Manipulator

By: gary

gary — Sat, 04 Oct 2008 10:07:34 +0000

(Tricia--I posted a pic of the yellow lab teapot so far!) garys last blog post..PAR-TAY!!!!!

By: jenboglass (steenky bee)

jenboglass (steenky bee) — Sat, 04 Oct 2008 02:18:28 +0000

I've never really thought of it that way. Maybe back in the 50s, during the Martini lifestyle trusting your banker was alright, banks were more localized then. Today, they are giant comglomorates just out to make themselves more money. The only good to come from this economy crisis is that it has suddenly made this election about real issues and less about about what Sarah Palin's hair is doing. jenboglass (steenky bee)s last blog post..The Spin Cycle: Time Trials...and Tribulations

By: Sammanthia

Sammanthia — Sat, 04 Oct 2008 02:04:24 +0000

I hate to sound like a total heartless fill-in-the-blank, but I have a hard time with it, too. Mark and I have sacrificed a lot for me to be able to stay at home with the kids and we do better than most, if not all, of our friends. When we were looking for a house we went well below what the bank told us we could afford. To me, that’s just common sense. But I know people who bought $250,000 just because the bank said they could. To me that’s just idiotic. So while I may not have as nice of a house (and it’s a nice house, I just didn’t think a bathroom with a whirlpool tub and tiles imported from Mexico was all that important), Mark and I are at least financially secure.
Great post! I’ve been thinking of tackling it myself, but seeing as some of my “friends” are also my family… well, that might not be such a good idea.;)

By: patois

patois — Fri, 03 Oct 2008 19:29:45 +0000

I want to have sympathy for people being foreclosed upon, but I'm having a hard time of it. I do seem to summon some sympathy when I see the amounts of loans being foreclosed upon. I live in crazy California, so I realize we have higher mortgages because of higher home costs. I've managed to feel bad for the ones foreclosed upon with mortgages smaller than $300,000. I've seen amounts in excess of $1 million. That's just beyond belief for me. Beyond. patoiss last blog post..Seriously, ROFL!

By: donna

donna — Fri, 03 Oct 2008 18:53:18 +0000

Dad says that he is to old and to grumpy to give a class. so you will have to give the class for him. He feels that he has taught you well and you should be able to do it.He will be avilable by phone for any questions that come up. So go forth and teach. All children should be taught a class in money mang.

By: Jan

Jan — Fri, 03 Oct 2008 17:45:13 +0000

Well, I sorta was saying that tongue-in-cheek. The written medium is not good for interpreting inflection. I still don't trust doctors, though. And you are such a sweetheart. Jans last blog post..Friday Randomness #4

By: Lisa P

Lisa P — Fri, 03 Oct 2008 17:36:54 +0000

Gary, my husband and I are in the same position as you and thanking God and our good wisdom for it every day. I also agree financing things with low resale value that depreciate quickly is insane. Especially considering the total the person ends up paying for the gadget once all is said and done. Tricia, excellent post. So very true. Lisa Ps last blog post..Economy May Not Be So Bad