Comments on: Summer of Growth http://www.debtkid.com/summer-of-growth Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 05:13:13 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Micheal Smith http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9833 Micheal Smith Mon, 02 Jun 2008 11:49:51 +0000 http://www.debtkid.com/?p=477#comment-9833 Well said DK! I would say keep out of debt, take help from debt consolidation companies. In the mean while start saving 75% of the raise that you would get in future. This will not harm your standard of living and soon you will have enough to payoff your debt. Well said DK! I would say keep out of debt, take help from debt consolidation companies. In the mean while start saving 75% of the raise that you would get in future. This will not harm your standard of living and soon you will have enough to payoff your debt.

]]> By: ! http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9821 ! Fri, 30 May 2008 13:37:21 +0000 http://www.debtkid.com/?p=477#comment-9821 No brainer then DK...make the plan to move in with your mom. It doesn't have to be forever. Also, I think you should have a 'signed' lease agreement with her stating yours and hers expectations (mow the lawn, do your own laundry, buy food, etc). DK, the social aspect would be good and healthy for you too. You have been craving social interaction with another human that knows your situation and sometimes even watching a TV show with someone you care about and cares about you is a gift. This is a bad idea however, if you do NOT pay her rent equal to or more than you are paying today...otherwise it is taking advantage once again. No brainer then DK…make the plan to move in with your mom. It doesn’t have to be forever. Also, I think you should have a ’signed’ lease agreement with her stating yours and hers expectations (mow the lawn, do your own laundry, buy food, etc).

DK, the social aspect would be good and healthy for you too. You have been craving social interaction with another human that knows your situation and sometimes even watching a TV show with someone you care about and cares about you is a gift.

This is a bad idea however, if you do NOT pay her rent equal to or more than you are paying today…otherwise it is taking advantage once again.

]]> By: debt kid http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9818 debt kid Thu, 29 May 2008 21:32:02 +0000 http://www.debtkid.com/?p=477#comment-9818 Also, my mother would start doing back flips if I moved in with her. She would be ecstatic. Also, my mother would start doing back flips if I moved in with her. She would be ecstatic.

]]> By: ! http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9816 ! Thu, 29 May 2008 20:34:44 +0000 http://www.debtkid.com/?p=477#comment-9816 PUPS...you missed the point...instead of paying rent to a stranger he could be giving that money to his mother. PUPS…you missed the point…instead of paying rent to a stranger he could be giving that money to his mother.

]]> By: Pups 1 http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9811 Pups 1 Thu, 29 May 2008 14:06:06 +0000 http://www.debtkid.com/?p=477#comment-9811 Just what your parents need as they're age: a single adult son moving in, saddled by big debt.Especially thinking of your mother, but I guess people return to the scene of the crime.I find it hard to believe someone suggested this as a solution. What about the parents? Maybe they should hire a lawyer to quickly put a halt to this type of thinking. Just what your parents need as they’re age: a single adult son moving in, saddled by big debt.Especially thinking of your mother, but I guess people return to the scene of the crime.I find it hard to believe someone suggested this as a solution. What about the parents? Maybe they should hire a lawyer to quickly put a halt to this type of thinking.

]]> By: Rachel @ Master Your Card http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9809 Rachel @ Master Your Card Thu, 29 May 2008 13:11:23 +0000 http://www.debtkid.com/?p=477#comment-9809 It is good for people to take a break every once in a while. As long as you remember the frugal lessons that you have learned you should be able to relax and enjoy yourself, knowing that you are not overindulging. It is good for people to take a break every once in a while. As long as you remember the frugal lessons that you have learned you should be able to relax and enjoy yourself, knowing that you are not overindulging.

]]> By: debt kid http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9804 debt kid Wed, 28 May 2008 21:13:54 +0000 http://www.debtkid.com/?p=477#comment-9804 @ ! - regarding moving in with mom or dad....it's on the option table for later this summer once my lease is up. I can almost run my business from anywhere, and should be there by later this year. @ Mel - There is something very comforting about getting away from modern life. I don't know if I could do it forever, but now and then, it's nice to see how little we really need to be happy. @ shel - Thanks! I'm excited to really have some personal goals this summer beyond financial ones. @ Jim - don't forget IRS and business debt : ). I do still have a spreadsheet, been meaning to post it for awhile now...gotta do that... @ ! – regarding moving in with mom or dad….it’s on the option table for later this summer once my lease is up. I can almost run my business from anywhere, and should be there by later this year.

@ Mel – There is something very comforting about getting away from modern life. I don’t know if I could do it forever, but now and then, it’s nice to see how little we really need to be happy.

@ shel – Thanks! I’m excited to really have some personal goals this summer beyond financial ones.

@ Jim – don’t forget IRS and business debt : ). I do still have a spreadsheet, been meaning to post it for awhile now…gotta do that…

]]> By: Jim ~ mydebtblog.com http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9803 Jim ~ mydebtblog.com Wed, 28 May 2008 20:16:49 +0000 http://www.debtkid.com/?p=477#comment-9803 DK it is hard to relate to your situation because the numbers are much more than it seems one could handle. Your bankruptcy takes care of some of the personal debt, but you still have your student loans, car, and mom to pay back. It's hard to go about day to day things when the financial mess is always in the back of your head. I think staying positive is the best thing you can do, and try to enjoy your 20s while you're there. At some point you used to have a spreadsheet listing everything, do you still maintain that? DK it is hard to relate to your situation because the numbers are much more than it seems one could handle. Your bankruptcy takes care of some of the personal debt, but you still have your student loans, car, and mom to pay back. It’s hard to go about day to day things when the financial mess is always in the back of your head. I think staying positive is the best thing you can do, and try to enjoy your 20s while you’re there. At some point you used to have a spreadsheet listing everything, do you still maintain that?

]]> By: Shel http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9802 Shel Wed, 28 May 2008 18:54:39 +0000 http://www.debtkid.com/?p=477#comment-9802 I can totally relate to how you're feeling. I've been cleaning up an overwhelming credit mess dumped on me by family and sometimes it feels like I'm just trying to get through each day until I'm finally out from this mess and can RELAX and live. It really sucks sometimes. Loosing yourself in activities where you totally forget about your problems is the best. I have a nice long list of those and I'll pick one if I'm feeling overwhelmed. I also try and schedule a couple in to my day just to have a break. For instance I take my dog for a walk everyday while listening to music, I'll play video games at night or relax with a book and glass of wine. In addition to feeling better by escaping, I'm also trying to improve my day to day anxiety about the situation. It sucks if the only time you feel good is when you're avoiding. So I'm working on gently refocusing my thoughts when I think negative thoughts, staying optimistic with affirmations, expressing gratitude, meditation, etc. Right now I'm having more positive days than negative ones so I think I'm doing something right! Regarding your other ideas for improvement this summer-they sound fantastic. It will be nice to focus your energy on things other than business and debt. How about making some specific goals? If you have a goal to call and invite a friend to do one activity a week, or to walk everyday for 30 minutes, it will give you direction, focus and you can blog about it for accountability and encouragement! I can totally relate to how you’re feeling. I’ve been cleaning up an overwhelming credit mess dumped on me by family and sometimes it feels like I’m just trying to get through each day until I’m finally out from this mess and can RELAX and live. It really sucks sometimes. Loosing yourself in activities where you totally forget about your problems is the best. I have a nice long list of those and I’ll pick one if I’m feeling overwhelmed. I also try and schedule a couple in to my day just to have a break. For instance I take my dog for a walk everyday while listening to music, I’ll play video games at night or relax with a book and glass of wine.

In addition to feeling better by escaping, I’m also trying to improve my day to day anxiety about the situation. It sucks if the only time you feel good is when you’re avoiding. So I’m working on gently refocusing my thoughts when I think negative thoughts, staying optimistic with affirmations, expressing gratitude, meditation, etc. Right now I’m having more positive days than negative ones so I think I’m doing something right!

Regarding your other ideas for improvement this summer-they sound fantastic. It will be nice to focus your energy on things other than business and debt. How about making some specific goals? If you have a goal to call and invite a friend to do one activity a week, or to walk everyday for 30 minutes, it will give you direction, focus and you can blog about it for accountability and encouragement!

]]> By: Mel http://www.debtkid.com/summer-of-growth/comment-page-1#comment-9800 Mel Wed, 28 May 2008 18:16:29 +0000 http://www.debtkid.com/?p=477#comment-9800 I've been reading your blog and find it very, very comforting (in a strange sort of camaraderie way)...I'm 46 and am losing my house and having to file bankruptcy as a result of a divorce and several ensuing years of (at the time) undiagnosed bi-polar disorder which causes me to veer sharply from intelligent, funny and together to uncontrollably crying and composing "last notes" to my loved ones. I write now because i wanted to tell you that i recently spent a week in the hospital with a ruptured appendix and, despite the pain and fear (though the staff was amazing), I was more relaxed and "free" feeling than I have been in well over a year. I didn't have access to e-mail, my phone wasn't ringing off the hook with creditors, I wasn't getting bins of mail telling me I'm a deadbeat delivered to my mailbox daily and - above all - i didn't have to take care of anyone or worry about anyone except myself. My biggest decision was what to have for my meals and whether I wanted to read, watch TV or sleep. I found I really didn't want to eat much (I generally am a pretty major stress eater) - and I wanted to sleep and read a lot more than I wanted to watch TV. I don't want to lay blame on anyone or anything beside myself, but "modern life" doesn't make handling ones emotional well-being any easier. Have a good summer DebtKid...my husband and I are moving back home to be near our families and, hopefully, have a more balanced life. Thanks for your help along the way. I’ve been reading your blog and find it very, very comforting (in a strange sort of camaraderie way)…I’m 46 and am losing my house and having to file bankruptcy as a result of a divorce and several ensuing years of (at the time) undiagnosed bi-polar disorder which causes me to veer sharply from intelligent, funny and together to uncontrollably crying and composing “last notes” to my loved ones. I write now because i wanted to tell you that i recently spent a week in the hospital with a ruptured appendix and, despite the pain and fear (though the staff was amazing), I was more relaxed and “free” feeling than I have been in well over a year. I didn’t have access to e-mail, my phone wasn’t ringing off the hook with creditors, I wasn’t getting bins of mail telling me I’m a deadbeat delivered to my mailbox daily and – above all – i didn’t have to take care of anyone or worry about anyone except myself. My biggest decision was what to have for my meals and whether I wanted to read, watch TV or sleep. I found I really didn’t want to eat much (I generally am a pretty major stress eater) – and I wanted to sleep and read a lot more than I wanted to watch TV. I don’t want to lay blame on anyone or anything beside myself, but “modern life” doesn’t make handling ones emotional well-being any easier. Have a good summer DebtKid…my husband and I are moving back home to be near our families and, hopefully, have a more balanced life. Thanks for your help along the way.

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