Anime Online
Home Forums Gallery Reviews RPG Arcade AO Magazine Links Rules / FAQ

Welcome to AnimeOnline.net, your personal Anime Community!

Anime Online Rulez!



Go Back   Anime Online > Mixed Flava > Debate and Discuss

Reply
 
LinkBack Thread Tools Display Modes
Old Oct 21, 2007, 12:28 AM   #1 (permalink)
1 Highscore
Diamond in the Rough
 
Ryoga_TheLost's Avatar
 
Join Date: Oct 2005
Location: Idaho
Posts: 132
Thanks: 0
Thanked 0 Times in 0 Posts
Ryoga_TheLost may be famous one dayRyoga_TheLost may be famous one day
Credits: 1,786
Could people not go into Debt??

My mom and I would often talk about money. I know that a conversation that everyone has with someone (Wife, mother, father, your kids, or just your family...etc). Well, it seems like the topics end up about debt. I'm 26 and married. My mom doesn't think that we should get into debt so early.

I'm not saying to go into debt for about 20g's but could a 25 yr-old start a life without having a little debt?? That's my question. Do you think anyone could have a life without any debt. Especially if you start a married life. You need a bed if you don't have one, a kitchen table, couch, cloths, food. I dont' think it's possible to stay out of debt.

That's my opinion...what's yours?
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 12:40 AM   #2 (permalink)
Sophist of Satire
 
Exoparadapsyphobia's Avatar
 
Join Date: May 2006
Location: Always where I'm not supposed to be.
Posts: 534
Thanks: 1
Thanked 5 Times in 5 Posts
Exoparadapsyphobia may be famous one dayExoparadapsyphobia may be famous one day
Credits: 5,772
Re: Could people not go into Debt??

Very good question. I haven't had a lot of experience in the real world yet when it comes to financials, but I think the changes in our economy has made it very hard for young and old alike to stay out of debt. Inflation rates coupled with massive outsourcing by American businesses has put a new brick on the back of those who are already carrying around an awful lot of them if you know what I mean, and a public that's obsessed with material possesion heavily manipulated by greedy capitalists influencing our youth doesn't help either. In addition, our president now wants to make new free market trade agreements with a handful of other countries which would no doubt make the situation even worse for middle and low class Americans as that would introduce a whole new level of competition for jobs. My tentative conclusion is that the current and future state of our capalist economy and materilistic society makes it virtually impossible for anyone to stay debt free throughout the duration of their lifetime. Unless they have a plump financial inheritence waiting for them after the death of a family member or something.
__________________

Last edited by Exoparadapsyphobia; Oct 21, 2007 at 12:51 AM.
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 12:57 AM   #3 (permalink)
Apathetic Bastard
 
aceman67's Avatar
 
Join Date: Nov 2004
Location: Coalhurst Alberta, Canada
Posts: 1,904
Thanks: 6
Thanked 55 Times in 45 Posts
aceman67 is making a name for themselvesaceman67 is making a name for themselves
Credits: 37,162
Re: Could people not go into Debt??

The average person of any age cannot live in our society with out going into some kind of Debt. No one would own homes, cars, appliances ect. ect.

Hell, entire countries can't function with out going into debt, just look at the Untied States, their national debt is in the TRILLIONS. U.S. National Debt Clock

Right now I'm saving up to buy my second car (First one was a gift that I couldn't afford to fix up, so I scrapped it, and it was 12 years old). I'll have to get a car loan to pay for it, but not with out saving up enough money to show the bank that I am responsible with my money, and to improve my credit rating.
__________________
Please, in the name of all that is holy and good, Raptor Jesus, Read the RULES.

I think; therefore you are : Xfire : Art Portfolio : DevART : AnimePaper : SheezyART : Outpost10F :
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 01:49 AM   #4 (permalink)
wtf mate?
 
_gwenibe_'s Avatar
 
Join Date: Jun 2005
Posts: 1,167
Thanks: 1
Thanked 24 Times in 21 Posts
_gwenibe_ may be famous one day_gwenibe_ may be famous one day
Credits: 19,525
Re: Could people not go into Debt??

I think it is possible to live life without a debt, but it would be exetremely hard. As already stated, we just have to get into debt to get the basic of things in life - shelter, transport etc etc.

I also had a little chuckle to myself when you mentioned that you were 26, and your mother said not to get into debt yet. mainly because I'm 19 and already heavily in debt XD But a Uni degree does that too you.

actually on the thought of age, it shouldn't matter about age, it matters wether or not you can afford it - that's what gets people in serious trouble.
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 03:01 AM   #5 (permalink)
1 Highscore
Diamond in the Rough
 
Ryoga_TheLost's Avatar
 
Join Date: Oct 2005
Location: Idaho
Posts: 132
Thanks: 0
Thanked 0 Times in 0 Posts
Ryoga_TheLost may be famous one dayRyoga_TheLost may be famous one day
Credits: 1,786
Re: Could people not go into Debt??

Quote:
Originally Posted by _gwenibe_ View Post
I think it is possible to live life without a debt, but it would be exetremely hard. As already stated, we just have to get into debt to get the basic of things in life - shelter, transport etc etc.

I also had a little chuckle to myself when you mentioned that you were 26, and your mother said not to get into debt yet. mainly because I'm 19 and already heavily in debt XD But a Uni degree does that too you.

actually on the thought of age, it shouldn't matter about age, it matters wether or not you can afford it - that's what gets people in serious trouble.
It's funny that you mentioned that you are heavily in debt because of a degree. So, if you want an education that most people do...one has to get into debt. It kind of sums up my point.

I mention my age because I believe the younger generation doesn't get too much into debt. $2,000 maybe but their credit cards won't give them that much. But being mid 20's, your credit is established and you could get loans, cars that you actually want, a house etc. So I do believe age has some part to deal with it. Come on...your car insurance doesn't go down until 25 LOL!
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 03:18 AM   #6 (permalink)
2 Highscores
Community Dude
 
dude101's Avatar
 
Join Date: Jan 2006
Location: Australia, Newcastle
Posts: 714
Thanks: 1
Thanked 0 Times in 0 Posts
dude101 may be famous one daydude101 may be famous one day
Credits: 9,262
Re: Could people not go into Debt??

not goin into debt at some point or another would be the same as winning the lottery.

virtually most things we need at some point or another u will required to go into debt. but as for the age thing. well i'm with gwenibe with this one. it really doesn't matter what age u are, cause debt is debt no matter how u look at it. and ur 26 and not in serious debt yet? well that to me is a shock. i thought 22 was the age when most start to think about buying a house or something. but it must be different for different countries and such as we all have different financial situation in the way of interest rate and the cost of living.

Quote:
Originally Posted by Ryoga_TheLost
$2,000 maybe but their credit cards won't give them that much.
i find that quite funny how u say $2,000 on credit cards is not much debt. cause to me that like the worst kind. cause fat chance u can pay that back straight away, especially if ur young, and interest rate kills. so to me that plenty of serious debt. and u know how some ppl pay that off?. by taking credit for another credit card, man not the smartest thing to do.
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 06:45 AM   #7 (permalink)
1 Highscore
Diamond in the Rough
 
Ryoga_TheLost's Avatar
 
Join Date: Oct 2005
Location: Idaho
Posts: 132
Thanks: 0
Thanked 0 Times in 0 Posts
Ryoga_TheLost may be famous one dayRyoga_TheLost may be famous one day
Credits: 1,786
Re: Could people not go into Debt??

Quote:
Originally Posted by dude101 View Post
virtually most things we need at some point or another u will required to go into debt. but as for the age thing. well i'm with gwenibe with this one. it really doesn't matter what age u are, cause debt is debt no matter how u look at it. and ur 26 and not in serious debt yet? well that to me is a shock. i thought 22 was the age when most start to think about buying a house or something. but it must be different for different countries and such as we all have different financial situation in the way of interest rate and the cost of living.

i find that quite funny how u say $2,000 on credit cards is not much debt. cause to me that like the worst kind. cause fat chance u can pay that back straight away, especially if ur young, and interest rate kills. so to me that plenty of serious debt. and u know how some ppl pay that off?. by taking credit for another credit card, man not the smartest thing to do.
Well, being in the military...you don't get into debt really. You are taken care of pretty well. What I've noticed was starting that new part of my life...which is getting married. When I got married, that's when one gets into debt buying the things that you need to build and start your life off. That's why I asked my question could a regular person have a life without debt.
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 11:03 AM   #8 (permalink)
Ecchi Enthusiast
 
Miroku4444's Avatar
 
Join Date: Nov 2004
Location: Missouri, USA
Posts: 3,280
Thanks: 2
Thanked 22 Times in 22 Posts
Miroku4444 may be famous one dayMiroku4444 may be famous one day
Credits: 15,948
Re: Could people not go into Debt??

Sorry to burst your bubble guys, but it is possible to go thru life and not get inti Debt. My parents did it, and so have lots of other people. Here's how you do it:

1-The first thing must happen comes from a little luck. You must get into a career that is very stable(i.e. wont get laid off), which only a lucky few do.

2-You must live within your means. Which comes form managing you money right, and now buying sh** you don't have money for. Charging everything is one quick way for this to happen.

3-If you've done #1 and #2 you can get some loans with will help on the big necessity's of life. Like for a car or house.

4-Start saving your extra money in the bank for emergences.

5-Invest, Invest, Invest....
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 01:28 PM   #9 (permalink)
27 Highscores
I'm sleepy...
 
gren's Avatar
 
Join Date: Jun 2006
Location: Chicago
Posts: 873
Thanks: 0
Thanked 27 Times in 22 Posts
gren may be famous one daygren may be famous one day
Credits: 18,348
Re: Could people not go into Debt??

Quote:
Originally Posted by Miroku4444 View Post
Sorry to burst your bubble guys, but it is possible to go thru life and not get inti Debt. My parents did it, and so have lots of other people. Here's how you do it:

1-The first thing must happen comes from a little luck. You must get into a career that is very stable(i.e. wont get laid off), which only a lucky few do.

2-You must live within your means. Which comes form managing you money right, and now buying sh** you don't have money for. Charging everything is one quick way for this to happen.

3-If you've done #1 and #2 you can get some loans with will help on the big necessity's of life. Like for a car or house.

4-Start saving your extra money in the bank for emergences.

5-Invest, Invest, Invest....
I wholeheartedly agree. Without a decent job in the first place, there's no way you'll be able to live debt free. And not only should you live within your means, you should attempt to live like you make less than you do...after paying the bills, don't use your excess money for frivolous things, put it in a savings account and pretend like it doesn't exist. By the time I got married, I was putting about half my month's pay into a savings account and never touched it. Once I got to a certain amount, I moved it to a CD with a better interest rate. Two years later, I'd saved enough to pay cash for most of the cost of my new car. But it's true that if you don't have any savings in the first place, getting your married life off the ground is going to be extremely difficult.

I think part of the problem is that people aren't willing to wait, save and sacrifice to get the things they want. If you've just gotten married, it may be better to just pay rent on a small apartment than to take out a loan on a house you can't afford. Or (and I know this isn't an ideal situation for a married couple), you might consider living with your parents until you have saved enough to live on your own. Like Miroku said, living completely debt-free involves more than a little luck, but having a small, manageable amount of debt isn't the end of the world.
__________________
sig by Pyro Psycho
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 01:29 PM   #10 (permalink)
wtf mate?
 
_gwenibe_'s Avatar
 
Join Date: Jun 2005
Posts: 1,167
Thanks: 1
Thanked 24 Times in 21 Posts
_gwenibe_ may be famous one day_gwenibe_ may be famous one day
Credits: 19,525
Re: Could people not go into Debt??

^ wait a minute - what debt are we talking about here -debt as in struggling to pay off a loan

or debt as already have a loan?

if so I'm the second ( if there's anything right the governments done - it's made it so much easier to get a degree these day money wise).

And I agree with Dude101 - 2 000 not that much? That's what starts of. If you can't pay off that $2 000 right away good luck paying it off later with interest rates - and managing money later on.

I know kids that are already have loans just to pay off their cars - and they need that car to get to work etc etc. Obviously it's local specific I guess, and depends on economic situations in different countries.

The younger generations does get into debt, credit card, car loans, education fees etc etc etc. As I said in my earlier post it's not about age, it's about what you earn and how you manage your money ( as Miroku has also pointed out) .
__________________
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old Oct 21, 2007, 01:34 PM   #11 (permalink)
Ao's official cat girl~★
 
equinn's Avatar
 
Join Date: Mar 2006
Location: Emerald island (Eire) (Ireland)
Posts: 1,687
Thanks: 11
Thanked 31 Times in 29 Posts
equinn may be famous one dayequinn may be famous one day
Credits: 20,076
Re: Could people not go into Debt??

no i dont belive someone can go thought life with at lest getting into debt at lest once...
it mighnt be alot of money but still everyone has it at somtime...

as i hear with a new baby u go though 1,000 pounds or more in a year.

and buying a house u might need a lon and that will bring u into debt to pay the bank ect back....
and crdit cards they can take u into it also so i belive someone cant go though life with out it happening at lest once it mighnt be the most money but it will still happen
__________________

Lizzie + Phil together for 8 months! and to be longer! WOOP!

http://neko-panda.deviantart.com/
Status: Offline
 
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Hi People Im New Here FreakyAnimeRocker279 Introductions 12 Jun 19, 2007 12:10 PM
People Say Bambii Poems 6 Jun 12, 2007 10:55 PM
why do people do this? anime cutie Cyber Lounge 9 Oct 18, 2006 05:00 PM
pervs and people who like perveted people hawy The Chat Forum 0 Jun 26, 2006 08:27 AM
Why do people classify other people? Libitina The Vault 77 Feb 08, 2006 04:31 AM


All times are GMT -7. The time now is 03:05 AM.


Manga Fox | Anime Wallpapers | Ringtones | Anime Avatars | Wallpapers | Anime Girls | Watch Anime Online | Anime Buddy Icons
Anime Online Banners by fooligar. ©
This Anime skin cannot be reproduced on any website without written permission from the Anime Online Staff.
Ad Management by RedTyger

SEO by vBSEO

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113