Comments on: Personal Debt – Is excessive shopping due to peer pressure? http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/ Just another WordPress.com weblog Fri, 26 Jun 2009 00:07:17 +0000 http://wordpress.com/ hourly 1 By: mortgage http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-762 mortgage Fri, 26 Jun 2009 00:07:17 +0000 http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-762 That is very important section. You are possibly that a good broker. Thanks. That is very important section. You are possibly that a good broker. Thanks.

]]> By: cyncurry http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-222 cyncurry Sat, 26 Jan 2008 15:30:59 +0000 http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-222 Yes Jon it is simple, but it's not easy. Not for the average consumer who sits watching tv and has hundreds of thousands of marketing messages blasted at them every day. Since government, banking and society promote the spend, spend,spend culture, it takes a person of unusual self control to stand against that pressure. It's going to take a massive shift in public consciousness to change our values about credit, money, spending and saving. Maybe, the credit crisis and the recession we are entering into will be a blessing if it realigns modern financial habits. Yes Jon it is simple, but it’s not easy.

Not for the average consumer who sits watching tv and has hundreds of thousands of marketing messages blasted at them every day.
Since government, banking and society promote the spend, spend,spend culture, it takes a person of unusual self control to stand against that pressure.

It’s going to take a massive shift in public consciousness to change our values about credit, money, spending and saving. Maybe, the credit crisis and the recession we are entering into will be a blessing if it realigns modern financial habits.

]]> By: Jon http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-221 Jon Fri, 25 Jan 2008 17:40:05 +0000 http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-221 Yes, you can stop spending. And here's how. JUST STOP SPENDING. Stop making excuses. Get rid of the cell phone. Trade in that gas guzzling full-size Ford truck for a high mpg car, stop eating out. Get rid of or don't buy the ipod. Duh. It's that simple. Yes, you can stop spending. And here’s how. JUST STOP SPENDING. Stop making excuses. Get rid of the cell phone. Trade in that gas guzzling full-size Ford truck for a high mpg car, stop eating out. Get rid of or don’t buy the ipod.

Duh. It’s that simple.

]]> By: WealthBoy http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-162 WealthBoy Thu, 10 Jan 2008 20:34:02 +0000 http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-162 The practice of financing spending isn’t limited to consumers either. The amount of consumer revolving debt pales in comparison compared to the U.S. federal debt. Especially when you consider it in terms of what the government contributes to the gross domestic product. Just take a look at my article on Revolving Debt and the Economy: http://wealthboy.com/debt-and-the-economy/ The practice of financing spending isn’t limited to consumers either. The amount of consumer revolving debt pales in comparison compared to the U.S. federal debt. Especially when you consider it in terms of what the government contributes to the gross domestic product. Just take a look at my article on Revolving Debt and the Economy: http://wealthboy.com/debt-and-the-economy/

]]> By: Debt and the Economy | WealthBoy.com http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-161 Debt and the Economy | WealthBoy.com Thu, 10 Jan 2008 18:55:52 +0000 http://letmeeatcake.wordpress.com/2008/01/08/personal-debt-is-excessive-shopping-due-to-peer-pressure/#comment-161 [...] was reading cyncurry’s article Personal Debt - Is excessive shopping due to peer pressure? the other day, and she asks a thought-provoking question: is it our moral duty to carry on building [...] [...] was reading cyncurry’s article Personal Debt – Is excessive shopping due to peer pressure? the other day, and she asks a thought-provoking question: is it our moral duty to carry on building [...]

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