bad economic crisis
Man or Woman on the street. How bad is the economic crisis in your world?
Scale: 1 to 100 1(bad)……………50 (normal)…………..100(could not be better)
Thanks and I hope you have a high score
For me… I would say 80. I saw this coming…
- I paid of my credit cards in 2007 and havent carried a balance since.
- I warned my family, friends and coworkers who were not ready for homeownership. Even as they scolded me for being “naive – because houses always gain in value”
- I bought 1 year old Ford Focus in 2005. And, made the last payment 3 months ago.
- In 2005 I moved into an apartment 8 mins from both jobs.
…
I really just need to get motivated to pay off this 9,000 student loan. But, the interest is at 2.35 percent. Well below inflation. So, it’s like the loan is getting smaller by me not paying it.
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