Debt pronWatching TV the other day we caught one of these "Bank of Mummy or the Wife" type shows and we thought, "This is Debt Pron." I.e. peoples financial problems exploited for the voyeuristic pleasure of others. Then we thought, "We bet lots of people on B3ta have massive financial problems. Let's exploit them." So, confess them all. Dodgy credit cards, lending money to some bloke in the pub, visits from the bailiffs, using one card to pay off another. We want to wallow in your fiscal pain. So, what is your biggest money fuck up?
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rob, Thu 23 Nov 2006, 19:50)
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Hm.I've just opened a new bank account. The lady at the bank was gobsmacked when I said I didn't want a credit card, and only needed a minimal overdraft.
I don't "do" debt if I can avoid it. What's the point? I have an 80k mortgage, and owe 10k student loan fees... anything above that would be madness, and in retrospect I regret not turning down the student loan as frankly if I worked harder at the time, I wouldn't have needed it.
As other people have said, the trick is to not spend more than you earn. Not much help for people who are already stuck, but then, it isn't really rocket science.
(, Sat 25 Nov 2006, 10:02, Reply)
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