Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Truth in a Cathy Comic
Old 04-08-2008, 10:28 AM   #1
Recycles dryer sheets
 
Join Date: Mar 2008
Location: Washington, DC
Posts: 75
Truth in a Cathy Comic

I hate to admit that I read Cathy, but I do. Today's seems to be pretty spot-on with how most people deal with money.

Comics and Editorial Cartoons: Cathy on Yahoo! News
__________________

__________________
sarahsays is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-08-2008, 10:32 AM   #2
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,511
DW and I know a couple like that, really sad. He's a carpenter, she just retired as a teacher. $500k in debt. Yow.
__________________

__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Old 04-08-2008, 10:44 AM   #3
Recycles dryer sheets
 
Join Date: Mar 2008
Location: Washington, DC
Posts: 75
500k?
Double yow! I wouldn't even know which way was up at that point.
__________________
sarahsays is offline   Reply With Quote
Old 04-08-2008, 11:04 AM   #4
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,373
Sarah, don't apologize, I read all the comics every day
__________________
Bestwifeever is offline   Reply With Quote
Old 04-08-2008, 01:21 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,032
Cathy's one of my favorites !
__________________
Moemg is offline   Reply With Quote
Old 04-08-2008, 02:32 PM   #6
Recycles dryer sheets
StJohnsWood's Avatar
 
Join Date: Jan 2008
Posts: 157
Why would you retire if you were $500K in debt Shouldn't it be $500K in retirement savings?
__________________
StJohnsWood is offline   Reply With Quote
Old 04-08-2008, 10:01 PM   #7
Recycles dryer sheets
 
Join Date: Jan 2006
Posts: 329
You've piqued my interest. How does one become 500k in debt without bill collectors coming after them?
__________________
NinjaPigeon is offline   Reply With Quote
Old 04-08-2008, 10:16 PM   #8
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,373
Mortgage, home equity, car loans, credit cards, student loans for kids could easily equal $500K.
__________________
Bestwifeever is offline   Reply With Quote
Old 04-08-2008, 10:20 PM   #9
Thinks s/he gets paid by the post
packrat44's Avatar
 
Join Date: Jun 2007
Location: near Canadian border and near Mexican border
Posts: 1,142
They will be slaves for a long, long time.
__________________
Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
packrat44 is offline   Reply With Quote
Old 04-08-2008, 10:37 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2004
Posts: 11,615
Quote:
Originally Posted by sarahsays View Post
I hate to admit that I read Cathy, but I do.
Wow, so you're the one who is reading it! Actually, the Cathy strip you posted has fewer words than most. And not one mention of a bathing suit or dieting. Maybe a ghost writer was working that week.
__________________
"Freedom begins when you tell Mrs. Grundy to go fly a kite." - R. Heinlein
samclem is offline   Reply With Quote
Old 04-09-2008, 12:56 PM   #11
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Quote:
Originally Posted by NinjaPigeon View Post
You've piqued my interest. How does one become 500k in debt without bill collectors coming after them?
Welcome to Hawaii (San Francisco, Los Angeles, Silicon Valley, Manhattan) real estate.

Although technically the bill collectors are coming after us every month for the next 300+ of them...
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 04-09-2008, 02:51 PM   #12
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 16,511
Quote:
Originally Posted by NinjaPigeon View Post
You've piqued my interest. How does one become 500k in debt without bill collectors coming after them?
Bestwifeever answered it. They've been living on credit and been in denial about it for so long they think it's normal, I guess. They run up their credit cards and have been periodically refinancing their house to pay them off, then repeat the cycle.

Now they want to move to SC and have been trying to sell their house for over a year. They wanted $550k for it and turned down an offer for $530k because settlement was scheduled for a time when "we have to go to Hawaii".



I simply do not comprehend this line of thinking. But maybe I'm just slow.
__________________

__________________
I heard the call to do nothing. So I answered it.
Walt34 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
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 Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Truth-o-Meter mickeyd Other topics 2 03-15-2008 07:18 PM
Whose truth? cute fuzzy bunny Other topics 44 01-30-2007 09:12 PM
Would you want to know the truth? Caroline Other topics 16 09-18-2006 07:02 PM
Tell the truth do you gloat ...just a little? Kitty Life after FIRE 25 07-14-2006 02:28 PM
The Truth on Wall-Street? otako Young Dreamers 2 07-13-2004 08:47 PM

 

 
All times are GMT -6. The time now is 02:59 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.