"Lower Income Moms" October 2007 Support - Page 3

[Petersmamma]

Originally Posted by 2Sweeties1Angel

If you're not paying the minimum amount due each month, they can still send you to collections. It's in the contracts.

They may be able to, but if it does and it goes to court I would feel better knowing that I tried to work with them. I feel like it's a sign of good faith, saying I WILL pay this debt. It may mean nothing in terms of the law (seeing as they are written for corporations and not people) but it means a lot to my conscious.

[Petersmamma]

Ok, and now I feel like crap because I listen to the "idiotic drivel" put out by Dave Ramsey (another MDC poster's words) that my FICO score will be zero once I have no debt (because one day, I will have NO debt....no house, no car, no cc, NOTHING).

: Sigh. Thanks for kicking a gal while she's down.

[mrskennedy]

Originally Posted by Petersmamma

Ok, and now I feel like crap because I listen to the "idiotic drivel" put out by Dave Ramsey (another MDC poster's words) that my FICO score will be zero once I have no debt (because one day, I will have NO debt....no house, no car, no cc, NOTHING).

: Sigh. Thanks for kicking a gal while she's down.

I understand. I think Dave Ramsey is full of and wouldn't take his advice if you paid me!

[Petersmamma]

Originally Posted by mrskennedy

I understand. I think Dave Ramsey is full of and wouldn't take his advice if you paid me!

See, the thing is that I think his advice is pretty good. I mean, think of the mamas who post on here who don't have cc debt (the debt that usually gets us, not cars or houses) and how they generally seem pretty relieved when times are tough that they aren't worried about paying those bills.

Think about how many of us would be just fine if we had NEVER gotten ourselves into the cc game.

Think of how many Americans would sleep easier and not contemplate bankruptcy if cc debt were not in their lives.

I think his advice of cutting up your cc and not using them anymore is great. And having an emergency fund (because of D.R.) is the only reason we are not PANICKING right now.

And learning to budget, I can't see a thing that is bad about that.

I would love someone to explain how he gives bad advice?

He tells people to pay their debts, helps them figure out how to do it, doesn't ever advocate anything illegal, discourages purchasing a house till you have a down payment and financing in place, etc.

[mrskennedy]

Originally Posted by Petersmamma

See, the thing is that I think his advice is pretty good. I mean, think of the mamas who post on here who don't have cc debt (the debt that usually gets us, not cars or houses) and how they generally seem pretty relieved when times are tough that they aren't worried about paying those bills.

Think about how many of us would be just fine if we had NEVER gotten ourselves into the cc game.

Think of how many Americans would sleep easier and not contemplate bankruptcy if cc debt were not in their lives.

I think his advice of cutting up your cc and not using them anymore is great. And having an emergency fund (because of D.R.) is the only reason we are not PANICKING right now.

And learning to budget, I can't see a thing that is bad about that.

I would love someone to explain how he gives bad advice?

He tells people to pay their debts, helps them figure out how to do it, doesn't ever advocate anything illegal, discourages purchasing a house till you have a down payment and financing in place, etc.

:. What I do'like about Dave is that from the very little I've read of his stuff, he doesn't take into account the people that aren't poor b/c of debt and/or bad financial decisions. We're poor for other reasons, one of which is that DH and I both have disabilities. So what do we do?

[sonrisaa29]

Originally Posted by CaraNicole

Thanks.



Here's my intro....

I am thankful for he fact we have food, a home, health and family who is pretty much saving our behinds right now.

DH has not worked in months because every vertebra in his back is messed up. I have taken in a child to watch during the day and that is bringing in a good amount of extra income just not enough. DH has finally pretty much got the pain manged thanks to his awesome new doc. He is going to get a good job today so I know things are going to look up it's just hard.

I have decided to put DS outgrown clothes for sale (I did give away most of them when we were in 'good' financial shape), I was give way too many when pregnant and they are just taking up space, for 'the next child should we have one' I do not think it would be a good idea to have another child with finances the way they are and DS takes alot of energy! I figure it will be the extra $ we need for his b-day, x-mas and his insurance....

It feels better to get that out, I've just been so ashamed I used to could buy whatever and give to whoever and now we just don't have the cash for the stuff we need. (thanks goodness it isn't much)

I am also thankful for the fact me and DH have no debt. I think that is only because we refuse to have a CC or Bank account, It's cash or money order or we don't buy.

Is it 3T stuff you're looking to get rid of? If so PM me Trust me I know how it goes with trying to find money to cover everything.....

[sonrisaa29]

I got my first paycheck from the organic grocery store I am working it and even though its way less than my old job, still feel wealthy Of course until I look at our bills and thus crash to earth

After being a cashier for several weeks, I notice that most of the people who shop in our store spend at least 200-300 a week on groceries. Most have these huge, huge diamond rings that are so big that they look fake.

BTW apparently I am super old because I am 30, which is what some of my 18 year old co workers told me We were talking about our favorite cartoons growing up and I mentioned Jem and the Holograms and they were like "who's that?"

[mum4boys]

Originally Posted by mrskennedy

:. What I do'like about Dave is that from the very little I've read of his stuff, he doesn't take into account the people that aren't poor b/c of debt and/or bad financial decisions. We're poor for other reasons, one of which is that DH and I both have disabilities. So what do we do?

I am a little bit confused by this... can you explain more? Do you have a fix income from like social security?

I would say Dave Ramsey would say live within your means whether you make $12,000 a year or $120,000 a year. Do not use credit cards and save. I know it sucks but it is duable as long as you have health insurance then it gets hard and I am talking from experience.

[Brees_Mama]

I got a buggy-full of good things for only $22 at Goodwill

[Petersmamma]

Originally Posted by mrskennedy

:. What I do'like about Dave is that from the very little I've read of his stuff, he doesn't take into account the people that aren't poor b/c of debt and/or bad financial decisions. We're poor for other reasons, one of which is that DH and I both have disabilities. So what do we do?

I think his big thing is debt, since he went bankrupt due to debt, and most of us are struggling because of debt. He does also teach people to live within their means, but I don't think he can even comprehend your situation (I can, as dh is disabled) because HE can work, and work hard and long hours, so I think he assumes that EVERYONE can and if you don't, you are lazy. : Which isn't cool.

That does get me down about D.R. I feel like he says that EVERYONE can be a millionaire, you just have to work hard. Well, yeah, to an extent....but if you are physically unable to work a long day, or work a job delivering pizzas, or whatever, then you have a whole different set of problems on your hands.

[ian'smommaya]

yeah that peters momma.

[AngelBee]

Originally Posted by mum4boys

NO NO NO I read the average bank robber gets away with less then $3,500. I thought you needed $5,000?

:

[AngelBee]

Originally Posted by sonrisaa29

Did you try Catholic Charities? Sometimes they'll help with legal fees depending on the situation.

Good idea. :

[mum4boys]

Originally Posted by Petersmamma

That does get me down about D.R. I feel like he says that EVERYONE can be a millionaire, you just have to work hard. Well, yeah, to an extent....but if you are physically unable to work a long day, or work a job delivering pizzas, or whatever, then you have a whole different set of problems on your hands.

Okay that makes sense. I guess I never realized that DR preaches that everyone can be a millionaire. I have no desire to be a millionaire. I just want to be able to take care of my family. One of my favorite quotes: Those who have little, if they are good at managing must be counted among the rich. Socrates 470 -399 B.C. which really sums up my life.

[mrskennedy]

Originally Posted by Brees_Mama

I got a buggy-full of good things for only $22 at Goodwill

Gotta love that place!

[mrskennedy]

Originally Posted by mum4boys

I am a little bit confused by this... can you explain more? Do you have a fix income from like social security?

I would say Dave Ramsey would say live within your means whether you make $12,000 a year or $120,000 a year. Do not use credit cards and save. I know it sucks but it is duable as long as you have health insurance then it gets hard and I am talking from experience.

We definitely live within our means and have no debt, etc. But we have nothing left over either. Yes, ATM we get social security. But I'm training to work from home as a medical transcriptionist, b/c I'm not proud of being on so much assistance and I also know it won't last forever.

[mrskennedy]

Congrats, sonrisaa29! I know how good it feels to finally have money, even if it still isn't enough. Keep up the good work!

[ediesmom]

okay ladies, check this one out.

I have been on section 8 housing for many years. my rent fluctuates depending on how much i make (30% always and forever). I recently asked them to re-do my financials........they are now sending me a check for $91 a month because I am so freaking poor!

just got my first check today.

i have never been this poor in my adult life

[velochic]

Originally Posted by Petersmamma

Ok, and now I feel like crap because I listen to the "idiotic drivel" put out by Dave Ramsey (another MDC poster's words) that my FICO score will be zero once I have no debt (because one day, I will have NO debt....no house, no car, no cc, NOTHING).

: Sigh. Thanks for kicking a gal while she's down.

I didn't say "idiotic drivel". I said "drivel" in regards to Dave Ramsay. It's also a UA violation to refer to other people's posts in other threads, particularly if you misrepresent them. I have no debt *at all* (well, the mortgage is in my dh's name) and I still have a credit score. I'm sorry you don't understand this. I'm not kicking you when you are down, I am simply stating the facts. I wish you the best of luck and hope that you branch out from the marketed financial faces of the media and learn from those that want to help instead of build an empire. Sorry for making you feel like crap.

[Petersmamma]

Originally Posted by ediesmom

okay ladies, check this one out.

I have been on section 8 housing for many years. my rent fluctuates depending on how much i make (30% always and forever). I recently asked them to re-do my financials........they are now sending me a check for $91 a month because I am so freaking poor!

just got my first check today.

i have never been this poor in my adult life

At least you have a place to live, right?

And remember my mantra: If you don't like how your life is going right now, wait a while. It will change.

(It may not change for the GOOD, but it will change )