I read this article today. It’s quite long for an online article but it truly made me think. Rick and I haven’t faced any of the things that this couple faced (foreclosure, bankruptcy, bounced checks, etc.) Our relationship has been one of pretty strong financial assets. I’ve learned how to make little go far and be grateful for all that I have, but those lessons came before him. With him I have always felt abundantly blessed, and money (while it worries the natural born worrier within me) has never caused significant problems in our marriage. We both know the importance of paying the bills and saving for a rainy day. Neither of us has extreme money issues. And neither of us is a “Shopaholic”.
One thing that’s currently pissing me off is this whole “stiffing taxpayers with bad mortgages†issue. I mean if you signed an A.R.M., why do I as a taxpayer have to bail your dumbass out?
Trust me….I’ve had a foreclosure….I took my licks all by myself. And yes, after the fact, I learned that it was an A.R.M. and that was in 1999.
No one bailed me out. I had to rebuild alone.
I understand this issue is affecting the overall economy and I’m all for giving to the cause, but this one pisses me off.