Is it really your own fault if you're in debt?

Question

I don't meant to offend anyone that has lost their job or something.. I am just talking about in some cases. I know the economy is low, but people, be smart with your money. Don't buy a house you can't afford and don't buy a car you can't afford. Is it really that hard? Don't complain you lost your house when you could barely afford it in the first place! It isn't necessary to buy the latest new HDTV with DVR when your other TV works fine that you just bought a few years ago when VHS transfered over to DVD. Does anyone else feel the way I do?

Answer 1

our society is geared for you to be a consumer; that means spend,spend,spend - above your needs and means; we are surrounded by advertisements conditioning us what would make us happy ; so i lay a little blame on corporate  america

Answer 2

I agree with you 100 %...

Answer 3

of course it's your own fault, whose else would it be?

Answer 4

yeah its 100% your own fault if you go into debt.

Answer 5

h**l yeah it's your own fault. no one MAKES someone go out and get into stuff that they cannot afford

Answer 6

Amen sister, Im with yah.

It is ONLY your responsibility to maintain your debt to income.

Good Times

Answer 7

Creditors prey on the weak with offers of buy now pay later. The every day agerage working person should have a few perks in life otherwise its hard to find a reason to go to work everyday.  Anyone who had a future visual that in 6,9 or 12 months they would be out of a job would be much more frugal..

Answer 8

Well dixie jo you should know

that when the economy is low

it blows

so while it lasts

keep your cash

or don't and bush will save your ***

Answer 9

I agree with you. I think people who get in so far over their heads just make wrong or poor choices.

Answer 10

your question already got the answer

Answer 11

I totally agree with you...everyone is getting foreclosed on because they cant afford their house and they think that if they get an adjustable rate mortgage that they can afford it but the interest is very high and then they complain about it...its like um get a clue please...get a house that you can pay for and save your money for nice things =)