Comments on: responding to some comments http://www.debtkid.com/responding-to-some-comments Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 02:42:10 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Welcome GRS Fans…I’m in debt. Gulp. http://www.debtkid.com/responding-to-some-comments/comment-page-1#comment-8342 Welcome GRS Fans…I’m in debt. Gulp. Sat, 29 Mar 2008 23:13:29 +0000 http://www.debtkid.com/responding-to-some-comments#comment-8342 [...] hit rock bottom and started this journal to document my journey back to [...] [...] hit rock bottom and started this journal to document my journey back to [...]

]]> By: Jamie Geiger http://www.debtkid.com/responding-to-some-comments/comment-page-1#comment-3033 Jamie Geiger Fri, 21 Sep 2007 06:13:36 +0000 http://www.debtkid.com/responding-to-some-comments#comment-3033 Hi DK, You posted on my blog- I read your 7 things to know about SS's and would love to link to it from my blog. Short sales are a moving target with so many variables. We are certifying agents in our office, to handle the increase in short sale listings. Hi DK,
You posted on my blog- I read your 7 things to know about SS’s and would love to link to it from my blog. Short sales are a moving target with so many variables. We are certifying agents in our office, to handle the increase in short sale listings.

]]> By: concernedcitizen http://www.debtkid.com/responding-to-some-comments/comment-page-1#comment-1768 concernedcitizen Fri, 10 Aug 2007 01:33:24 +0000 http://www.debtkid.com/responding-to-some-comments#comment-1768 If you are only working these people part time, firing them is not going to kill them, it may actually motivate them to go out and get full time work, If they have earned enough they can get unemployment while they are seeking employment. I would not use them as an excuse not to go belly up in the business world for a while, take on a job for yourself and earn money as "chris in boston" suggested. You need to look at the big picture, maybe you are not cut out to do what ever you are doing. Get a job, live in a realistic world and then you will have a better concept of what it is like working for the man. It may give you a better grip on what you are trying to accomplish. Seems like you need to be more realistic, maybe it is your age that makes you live in this dream world, not everyone is cut out to be a Bill Gates. You use alot of "IF's" when you speak and alot of "BUT's", these are only excuses. It just does not seem like you are making much progress these days. What did you do with the $1000 you won? If you are only working these people part time, firing them is not going to kill them, it may actually motivate them to go out and get full time work, If they have earned enough they can get unemployment while they are seeking employment. I would not use them as an excuse not to go belly up in the business world for a while, take on a job for yourself and earn money as “chris in boston” suggested. You need to look at the big picture, maybe you are not cut out to do what ever you are doing. Get a job, live in a realistic world and then you will have a better concept of what it is like working for the man. It may give you a better grip on what you are trying to accomplish. Seems like you need to be more realistic, maybe it is your age that makes you live in this dream world, not everyone is cut out to be a Bill Gates. You use alot of “IF’s” when you speak and alot of “BUT’s”, these are only excuses. It just does not seem like you are making much progress these days. What did you do with the $1000 you won?

]]> By: Frugal One http://www.debtkid.com/responding-to-some-comments/comment-page-1#comment-87 Frugal One Wed, 14 Mar 2007 19:55:58 +0000 http://www.debtkid.com/responding-to-some-comments#comment-87 I'm going to make a suggestion that comes straight out of the book Your Money Or Your Life (I'm combining 2 steps actually so bear with me) For the next month write down *every penny* you spend. If you shop some place where you get a receipt (like for groceries or gas) then by all means save the receipt and you can skip the write down process provided you take excellent care of that receipt and hang onto it for dear life. But if you put two quarters in a vending machine for a cup of coffee you have to write down that you spent 50 cents and what you spent it on (a cup of coffee). This means you need to keep paper and a pen or pencil with you (a little notebook or sticky notes or index cards and a writing instrument are all you need for the no receipt expenses At the end of the month you are to go through *every* purchase and mark them down in terms of whether you feel good about what you spent your money on. So for example if you spent $12 on a dinner out with friends but didn't feel like you got $12 worth of food and entertainment and enjoyment, put a minus sign behind that receipt entry. If when you pay your gym bill you feel like the $30 you paid contributed to your health your psychological well being your happiness etc was worth $30 BUT NO MORE, you would put a zero on that bill. If you feel like you got MORE THAN $30 worth of value from the gym for the $30 you spent then you put a plus sign on the bill. Now you sort your expenses into piles. The minuses are where you make your first cuts in spending, then you cut spending on the zeros and then finally on the plusses. So in your case you would stop going out to dinner and suggest having friends over for dinner (maybe even potluck) for much less than $12 for a meal to keep enjoying their company but at a more realistic price (and personal value) than what you paid at a restaurant. There are going to be a lot of places where you the entrepreneurial person can apply your creativity and willingness to think outside what you've done in the past to get rid of the minus expenses, minimize the zero gain expenses and maximize the value of the positive expenses. Anyhow I hope this helps you to start seeing your expenses differently and that cutting spending doesn't have to be a completely negative stressful experience. I’m going to make a suggestion that comes straight out of the book Your Money Or Your Life (I’m combining 2 steps actually so bear with me)

For the next month write down *every penny* you spend. If you shop some place where you get a receipt (like for groceries or gas) then by all means save the receipt and you can skip the write down process provided you take excellent care of that receipt and hang onto it for dear life. But if you put two quarters in a vending machine for a cup of coffee you have to write down that you spent 50 cents and what you spent it on (a cup of coffee). This means you need to keep paper and a pen or pencil with you (a little notebook or sticky notes or index cards and a writing instrument are all you need for the no receipt expenses

At the end of the month you are to go through *every* purchase and mark them down in terms of whether you feel good about what you spent your money on. So for example if you spent $12 on a dinner out with friends but didn’t feel like you got $12 worth of food and entertainment and enjoyment, put a minus sign behind that receipt entry. If when you pay your gym bill you feel like the $30 you paid contributed to your health your psychological well being your happiness etc was worth $30 BUT NO MORE, you would put a zero on that bill. If you feel like you got MORE THAN $30 worth of value from the gym for the $30 you spent then you put a plus sign on the bill.

Now you sort your expenses into piles. The minuses are where you make your first cuts in spending, then you cut spending on the zeros and then finally on the plusses. So in your case you would stop going out to dinner and suggest having friends over for dinner (maybe even potluck) for much less than $12 for a meal to keep enjoying their company but at a more realistic price (and personal value) than what you paid at a restaurant. There are going to be a lot of places where you the entrepreneurial person can apply your creativity and willingness to think outside what you’ve done in the past to get rid of the minus expenses, minimize the zero gain expenses and maximize the value of the positive expenses.

Anyhow I hope this helps you to start seeing your expenses differently and that cutting spending doesn’t have to be a completely negative stressful experience.

]]> By: JW Thornhill http://www.debtkid.com/responding-to-some-comments/comment-page-1#comment-30 JW Thornhill Mon, 26 Feb 2007 20:57:36 +0000 http://www.debtkid.com/responding-to-some-comments#comment-30 Please don't stop sharing your experiences in your blog. I'm confident that it has and will inspire many others to continue their battle against debt vs. bankruptcy. Keep up the good work. Please don’t stop sharing your experiences in your blog. I’m confident that it has and will inspire many others to continue their battle against debt vs. bankruptcy.

Keep up the good work.

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