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Forum » Living debt free is the life
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Thread: Living debt free is the life

post 1701000933 05-12-2024, 07:31 AM
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Living debt free is the life

Such common sense and amazing that Dave Ramsey was able to parlay it into an empire.

Even the Bible gives financial advice: “The rich rules over the poor, and the borrower is slave of the lender.”

my parents and grandparents didn't like debt...we weren't rich but there was never a time we worried about what we needed to live.

we live in economy that depends on people feeling they need to buy stuff and take on debt to avoided being seen as a poorcel.
post 1701000953 05-12-2024, 07:32 AM
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Originally Posted By eddiehaskell⏩
Such common sense and amazing that Dave Ramsey was able to parlay it into an empire.

Even the Bible gives financial advice: “The rich rules over the poor, and the borrower is slave of the lender.”

my parents and grandparents didn't like debt...we weren't rich but there was never a time we worried about what we needed to live.

we live in economy that depends on people feeling they need to buy stuff and take on debt to avoided being seen as a poorcel.
Based & Agreed
post 1701000993 05-12-2024, 07:33 AM
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It was literally boomers who started the consoomerist lifestyle bullchit lol
post 1701001073 05-12-2024, 07:35 AM
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Originally Posted By FelixTheCat1919⏩
It was literally Jews who started the consoomerist lifestyle bullchit lol
Fixed for misc
post 1701001273 05-12-2024, 07:38 AM
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Lmao

“The borrower is the slave of the lender”

OP never heard of leverage

Or the GFC
post 1701001313 05-12-2024, 07:40 AM
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Originally Posted By r32gojirra⏩
Lmao

“The borrower is the slave of the lender”

OP never heard of leverage

Or the GFC
don't need to. stress free and debt free.
post 1701001443 05-12-2024, 07:44 AM
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Originally Posted By eddiehaskell⏩
don't need to. stress free and debt free.
And wealth-free

lol
post 1701001673 05-12-2024, 07:51 AM
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Originally Posted By r32gojirra⏩
And wealth-free

lol
have everything i need and will be in church praising the Lord on this fine sunday/mother's day = wealth far beyond what i deserve.
post 1701001703 05-12-2024, 07:51 AM
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It’s common sense but financial literacy isn’t taught in schools.
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post 1701001793 05-12-2024, 07:52 AM
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Originally Posted By eddiehaskell⏩
have everything i need and will be in church praising the Lord on this fine sunday/mother's day = wealth far beyond what i deserve.
Lol
post 1701001853 05-12-2024, 07:54 AM
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Originally Posted By leoaa777⏩
It’s common sense but financial literacy isn’t taught in schools.
I would rate OP’s advice about the same as this:

post 1701001923 05-12-2024, 07:56 AM
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Originally Posted By eddiehaskell⏩
don't need to. stress free and debt free.
Again, it was you boomers who started the whole "Keeping up with Joneses" bullchit
post 1701001943 05-12-2024, 07:56 AM
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Originally Posted By r32gojirra⏩
I would rate OP’s advice about the same as this:

the chews are always looking for an angle to pressure us into debt/slave mentality.
post 1701001993 05-12-2024, 07:57 AM
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I agree, but if you are in debt and decide to walk away and BK everything, then fuk the lenders.
post 1701002013 05-12-2024, 07:57 AM
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Originally Posted By FelixTheCat1919⏩
Again, it was you boomers who started the whole "Keeping up with Joneses" bullchit
my parents and grandparents never tried to keep up with anybody. glad they instilled those christian values in me.
post 1701002043 05-12-2024, 07:57 AM
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Originally Posted By eddiehaskell⏩
the chews are always looking for an angle to pressure us into debt/slave mentality.
And the poors are always looking for someone to blame

Some things never change
post 1701002113 05-12-2024, 08:00 AM
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Originally Posted By r32gojirra⏩
And the poors are always looking for someone to blame

Some things never change
"the poors" -- just more pressure tactics to spend and become a slave. always gotta be mindful of the games you chews play.
post 1701002293 05-12-2024, 08:04 AM
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Originally Posted By eddiehaskell⏩
"the poors" -- just more pressure tactics to spend and become a slave. always gotta be mindful of the games you chews play.
Good news OP

You’ll be rewarded in the afterlife


“Blessed are you who are poor, for yours is the kingdom of God”


I mean sucks now but it’ll be worth it later I promise
post 1701002353 05-12-2024, 08:05 AM
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Originally Posted By r32gojirra⏩
I would rate OP’s advice about the same as this:

The basic premise of his advice isn’t necessarily wrong but it’s shortsighted. Leverage and all debt isn’t bad if you use it as investment, businesses etc.

The problem comes when you buy a 100k car when you make 60k.
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post 1701002403 05-12-2024, 08:06 AM
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Debt =/= consumer debt
FA Crew
Always Pick 1 Crew

"Experience is something you get right after you need it."
post 1701002423 05-12-2024, 08:06 AM
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Originally Posted By r32gojirra⏩
Good news OP

You’ll be rewarded in the afterlife


“Blessed are you who are poor, for yours is the kingdom of God”


I mean sucks now but it’ll be worth it later I promise
nasty ghetto walmart vibes from those that worship consumerism. poor in spirit is the worst kind of poor.
post 1701002483 05-12-2024, 08:07 AM
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Originally Posted By r32gojirra⏩
Lmao

“The borrower is the slave of the lender”

OP never heard of leverage

Or the GFC
Enlighten me when you can no longer pay that debt to "leverage" it when you become ill, injured, fired, etc...

Slave mind...
post 1701002503 05-12-2024, 08:08 AM
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Originally Posted By eddiehaskell⏩
my parents and grandparents never tried to keep up with anybody. glad they instilled those christian values in me.
lmao what Christian values did they instill in you, exactly? Like acting like a stuck up prick all the time even towards people who tried being friendly towards you for months or perhaps years on here? I don't have any issue with you really, but that's some food for thought for you. You usually come off as thinking very highly of yourself while showing zero gratitude or bro-ship towards others who try to be agreeable with you.
post 1701002563 05-12-2024, 08:09 AM
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Originally Posted By gmenfan40⏩
Enlighten me when you can no longer pay that debt to "leverage" it when you become ill, injured, fired, etc...

Slave mind...
If you owe the bank $1 million that’s your problem

If you owe the bank $100 million that’s the bank’s problem

Your slave mindset is 100% your problem

Spoiler!
also money is fake lol
post 1701002573 05-12-2024, 08:09 AM
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Originally Posted By FelixTheCat1919⏩
lmao what Christian values did they instill in you, exactly? Like acting like a stuck up prick all the time even towards people who tried being friendly towards you for months or perhaps years on here? I don't have any issue with you really, but that's some food for thought for you. You usually come off as thinking very highly of yourself while showing zero gratitude or bro-ship towards others who try to be agreeable with you.
bless you if this came from the heart.
post 1701002663 05-12-2024, 08:12 AM
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Originally Posted By eddiehaskell⏩
"the poors" -- just more pressure tactics to spend and become a slave. always gotta be mindful of the games you chews play.
Who was working and not being a mindless consoomer? Sure, my quality of life will suffer temporarily. However, for the majority of our lives I will have a significantly higher quality of life than you. You spend your days trying to get by while being as broke as possible. Then brag about it on a gay dying Indian bodybuilding forum. To each their own

Edit: I do agree with the op. Just bought a car yesterday for cash, interest was around 6.5%
post 1701002693 05-12-2024, 08:13 AM
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Originally Posted By blazenbb⏩
Who was working and not being a mindless consoomer? Sure, my quality of life will suffer temporarily. However, for the majority of our lives I will have a significantly higher quality of life than you. You spend your days trying to get by while being as broke as possible. Then brag about it on a gay dying Indian bodybuilding forum. To each their own
You sound unhappy.

the time for worship is upon us brothers. see y'all after church/meal.
post 1701002713 05-12-2024, 08:14 AM
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Originally Posted By eddiehaskell⏩
bless you if this came from the heart.
It did. Bless you too and have a good one.
post 1701002853 05-12-2024, 08:17 AM
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Originally Posted By eddiehaskell⏩
You sound unhappy.

the time for worship is upon us brothers. see y'all after church/meal.
You sound like you’re constantly coping
post 1701003233 05-12-2024, 08:31 AM
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As someone who has been on both sides I will say debt free is where its at. Allthough I'm technically not because I still have my 2.3% mortgage.

When I started making decent money around 2016 I bought a brand new fishing boat and paid it off in 2017, then bought a second boat in 2018 to hang out/wakeboard. Then in late 2019 I bought a brand new truck to pull the boats. Everything was paid off by the end of 2020. Although I could have been alot better off financially today if I hadn't bought all that stuff I am so glad I did because I have been able to make great memories with the things I bought. I'm also fortunate because I would not buy any of these things today as my wages has not kept pace with the price inflation of everything.

So yea I could have seeded my future with that extra 150k but I can't see the benefit of having another million dollars when I'm 70 and can't really enjoy it. A great kind of counter perspective to the traditional "save all your money when you're young" mantra is a book called "Die with Zero" by Bill Perkins. Worth a read!
Live & Direct from rural Iowa- GBR
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