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re: Have you ever had to recover from a financial setback?

Posted on 1/4/16 at 3:31 pm to
Posted by Broseph Barksdale
Member since Sep 2010
10571 posts
Posted on 1/4/16 at 3:31 pm to
Yes. Was dirt poor with X hundred dollars to my name as a married adult in January 2012. Rough times. Had to tap into a hustling bone I didn't have in order to make it.

Pulled through and now doing pretty good. And now putting that hustling bone to good use.
Posted by Martini
Near Athens
Member since Mar 2005
49696 posts
Posted on 1/4/16 at 3:33 pm to
I've never for a bunch of reasons.

I've been smart about decisions.
I've been lucky about decisions.
I've always lived within my means.
My wife has always lived within her means.
Both our parents taught us how to manage money properly.
If we want something- we save until we can pay cash (for the most part - we have borrowed from the bank but have ALWAYS paid it back early) which makes you appreciate what you have bought and you take care of it.
We are frugal - yet we can't take it with us so we enjoy.
We put a lot away for the children.
Posted by baseballmind1212
Missouri City
Member since Feb 2011
3414 posts
Posted on 1/4/16 at 3:35 pm to
Every year i give 25% of my annual to LSU
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6888 posts
Posted on 1/4/16 at 4:01 pm to
I wonder how the new salary OT law will help once it goes into effect. Will help me a ton
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76175 posts
Posted on 1/4/16 at 4:15 pm to
quote:

Have you ever had to recover from a financial setback?
Nope.

I didn't have to.

No one has to.

I've had years where (investment-wise) I lost money on paper but it's not a loss until you cash out.

Each year I've always had a tax debt to the IRS since the early '80s.

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