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  1. They can't get rid of all of us; it is not possible and does not make economic sense. 4) Learn to live within your means! This I say is the most important part of this blog. If you don't have debt, your employer does not have that much ... Learn to be frugal, wait for the good deal and don't be impulsive. Well, I will have to address part two of my thoughts in another post, but I say unless we change the way we work, we are going to be in this cycle for the long haul. ...

  1. My Debt Snowball Is Melting! Print. 69. Comments. This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. The summer heat has taken a toll on my debt snowball. .... This is a great post! It is nice to see a bit more substance from guest writers… recently some (but not all) of the posts have been pretty light and generic. I'm glad JD suggested putting more real stuff in. ...

  1. she is just one of those people who runs from here to there in a rush when it takes me less than 3 min to put the stuff away hang up a towel and wipe off the sink or vanity so she should do it before she leaves but i am often not even home when its ghappening - so .... We have a huge lawn and he trims and bags all the grass too. Dd pet sits for neighbors in the Summer to make money. She has been offered other "projects" from me to make money but she rarely does these. ...

  1. I am well aware we are in debt overshoot zone and that financial reset is the first likely bottleneck ahead, but this graph opened my eyes, yet again, to the role increasing government debt plays in maintaining our current situation. ...... That's great. I'd really like to hear more, as it's something I've talked about (here on TOD - 'though it's been a while). And would like to work on. Could you possibly expand on this, perhaps writing a guest post? ...

  1. This guest post from Alissa is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success — or failure. .... but somehow we're still able to make it all work AND pay on our student loans too. (I'm blown away by this every month…)This experience has taught us a lot about money. We plan to continue to live frugally once we graduate and finish paying off these student loans! ...

  1. That saddling one's children and grandchildren with a debt burden that they did not create is immoral and wicked. Yet, all of this is lost upon the monetary lords who have their noses so close to the ground sniffing out the scent that they cannot see the path ahead leads off ... I repeat – if lasting prosperity could be created by printing money and giving it away, previous generations that were wiser and more frugal than ours would long ago have stumbled upon this axiom. ...

  1. While most assuming that Americans are being more frugal and deleveraging - so that we will soon "get thorough this" and home sales will finally bottom - that assumption might not be true. .... Unfortunately, the scope of the problem is more accurately described as a global epidemic infecting all forms of debt. Banks have been pooling together every form of debt imaginable and constructing CDOs from the interest payments. There are CDOs of auto loans. ...

  1. Now we get to the Big Lie about frugal consumers paying off debts, cutting up those credit cards, and eating Raman noodles 5 nights per week. Household and non-profit debt, which includes mortgages, credit card debt, auto loans, home equity loans, ...... But the actual manufacturing, defined for the purposes of this discussion as actually making stuff, is easier/cheaper and better produced domestically by other countries or by emerging markets (Chinese as one example). ...

  1. One thing we've learned in this experience, however, is that no one is perfect when it comes to being frugal and conserving energy (ours and the earth's). So we do the best we can and don't worry about every detail. ...... I began to see the same kind of stuff at other functions, it was more showing off our creative prowess and shopping abilities, “Oh, look at all this cute stuff I found in this little unique shop and I just thought of you all.” ...

  1. There is a surprising and sad reason why our debt has gone down. Hint, it has nothing to do with frugality.” Mike @ Green Panda presents The .27 Mistake Plus Ways To Avoid It posted at Green Panda Treehouse, saying, “How to make the most ... Rent posted at Jeff Rose, saying, “I've seen too many cases where young people were so eager to “live the American Dream” and get their first home that they didn't realize all the little things that come along with being a homeowner. ...