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The Water Cooler
General Discussion
People are delinquent on almost everything they owe money on
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<blockquote data-quote="GorillaG" data-source="post: 4258718" data-attributes="member: 49083"><p>I met a gal once that I thought was loaded, big two story in an upscale hood, in ground pool, new Lexus. Turns out she was so buried in debt she literally couldn't afford to go to McDonalds. How do these people sleep at night. I'm so far from rich I can't even see it but I'm 100% debt free, my house and cars are old but paid off. My wife is from a more or less 3rd world country where she never even heard of a mortgage. She was amazed at our wealthy neighbor hoods and I had to explain to her that only a tiny percentage of those homes are paid off and most have staggering mortgages. Same with cars she sees so many expensive cars and when I told her the avg car payment is approaching 1000 a month she about fainted. Most families are one paycheck from total collapse.</p></blockquote><p></p>
[QUOTE="GorillaG, post: 4258718, member: 49083"] I met a gal once that I thought was loaded, big two story in an upscale hood, in ground pool, new Lexus. Turns out she was so buried in debt she literally couldn't afford to go to McDonalds. How do these people sleep at night. I'm so far from rich I can't even see it but I'm 100% debt free, my house and cars are old but paid off. My wife is from a more or less 3rd world country where she never even heard of a mortgage. She was amazed at our wealthy neighbor hoods and I had to explain to her that only a tiny percentage of those homes are paid off and most have staggering mortgages. Same with cars she sees so many expensive cars and when I told her the avg car payment is approaching 1000 a month she about fainted. Most families are one paycheck from total collapse. [/QUOTE]
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People are delinquent on almost everything they owe money on
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