It is called selling one's expensive home up North going down South to live ( cheaper COL ) to pay for some items with cash as just one example. Realtors in my area love foreign folks coming to live and work here. A number of them pay for their new vehicles and purchase their homes with cash.I’d love to know how these elusive perfect people who don’t use credit cards manage to get car loans and mortgages. They must buy theirs cars and homes with cash!
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Trouble in paradise officially?
- Thread starter FutureCEO
- Start date
BaconPancakes
Well-Known Member
Oh I agree 100% that going into major debt for a Disney trip is ridiculous, I’m just laughing at all the perfect people having their “peeing” contest on who has the least debt. It’s such a disboards conversation.
ppete1975
Well-Known Member
I think you are assuming that people arent speaking from personal experience. Im sure lots of us have over extended ourselves at least once in our lives and we learned. Its called saving for a known thing, or working MORE (extra job, more ot, sell some things etc). Theres a huge difference in Disney and an emergency medical procedure or even a fridge that goes out.
And stop using race and wokeness to defend your comment. All races, sexes, and classes use debt to pay for things they shouldnt.
SamusAranX
Well-Known Member
Oh ok gotcha.
agreed. It’s nice to be debt free (can’t wait to pay off my car) but our social and financial systems really make it hard to live that way.
I know a few that take out loans to go on vacation to WDW and or go to Disney and later don't pay their credit card bill on time because of lack of funds.
It's nice to be debt-free, I was for a long while. But recently took out a loan (not for Disney
) and also while I would prefer to rent for the rest of time, my person wants to purchase a home in the next couple years. So that will be another debt we will have. I will admit, I do pay for trips "cash", mostly out of guilt of spending the money.I am comfortable having some debt for now and the future. Some aren't. That's life.
Being debt free is a foreign word. Companies want to make consumers slaves to debt and many fall hook line and sinker.
Parker in NYC
Well-Known Member
BaconPancakes
Well-Known Member
I didn’t say they didn’t, but go off. My white privilege comment was directed at the posters who were implying it was as simple as 1 2 3 to “pick yourselves up by the bootstraps” to survive.
I love Donna Summer. I have memories of sitting on the kitchen floor as a kid watching my mom dance and belt out the lyrics to MacArthur Park while cooking. Now I do it.
uncle jimmy
Premium Member
I'm sorry if you felt as though I was lecturing others on financial matters. That was not my intent.
I grew up in a 2 income home, that became one when one parent died. My sister and I, worked during high school and college to help our mother put us through school. I have walked and worked with holes in my shoes for many years, even into my 30's.
Parker in NYC
Well-Known Member
Me too! MacArthur Park and On The Radio were my mom's favorites! Good education.I love Donna Summer. I have memories of sitting on the kitchen floor as a kid watching my mom dance and belt out the lyrics to MacArthur Park while cooking. Now I do it.
orky8
Well-Known Member
Or they could....
Wait for it....
Wait for it....
Build more capacity? Iger, and especially Chapek, are all about extracting maximum profit on the backs of the investments made by those who came before them.
Parker in NYC
Well-Known Member
Worse than any Disney villain, really. And no style to make up for it.
BaconPancakes
Well-Known Member
I think we can all agree that Chapek is a cancer.
Me too! MacArthur Park and On The Radio were my mom's favorites! Good education.
yep, just "hey google"d MacArthur Park and it's now blasting through apartment! Dancing has commenced!
Parker in NYC
Well-Known Member
Though he's technically on the Leo/Virgo cusp, he's far more Leo. And that means... power corrupts more than it would under another sign.
Tony the Tigger
Well-Known Member
Gen X here. (And Virgo lol.) I've been in plenty of debt and no debt. The amount of debt I had at any given time was no reflection on me as a person, my character, my values, etc. It is what it is. It's better to not waste money on interest if possible. Sometimes it's not possible. Sometimes it's totally worth it or no big deal. Sometimes it gets out of control.
After working 3 jobs in my 20's and probably still not cracking $30K, someone will have a hard time explaining to me why they are better than I, and can't or "shouldn't have to" do that. Some people are born with silver spoons. Some have to pay their dues and work their way up. That's life.
Re: Disney: first trip in the late 1990s: 4 day FL Resident tix, $35 motel on 192, cheap buffet next to the motel, McDonald's on site, went to the Poly one night to ask if it was ok to get a table just for dessert just to experience the place. 10 year wedding anniversary trip in 2017: AP's, Grand Flo, V&A. That's life.
My secret to make Disney more "worth it" is my Chase Visa card. I use it for my business, and I get a lot of points. (In fact, the dinner at V&A was 100% on points - or I couldn't have justified spending that much money on one meal.) That makes the crazy resort prices and the parking fees more affordable. When I can pay for tickets, room, and some food with points, I can easily justify spending some cash, making the whole thing actually quite a value and easily affordable. The points are my "savings" for our (typically short) trips.
I regret nothing. The good times and memories are worth it, and no one else pays for it but me/us. Tomorrow isn't guaranteed.
Donna Summer is awesome forever.
GhostHost1000
Premium Member
Chapek is covid-20
eliza61nyc
Well-Known Member
actually isn't it the other way around? (question) Psychologist will say that "event's or experiences" are worth going in debt for not things.
So take the loan to go to Italy as oppose to buying a bike.
I can't throw rocks though because yep, I've taken loans to do fancy things and probably will do it again. July 1st I'm retiring (thank you Jesus. lol) I'm planning a 3 month tour of Europe next year. 1/2 on borrowed dough and feel absolutely no pressure to be "debt" free.
anyhoo, my perspective is totally skewed, I live in a city where a million dollars is consider reasonable for 1300 sq foot apartment. go figure.
the middle class has been whining for years about being pushed out of every thing. college, vacations and lately the price of gas and groceries. I assume maybe incorrectly that if they go to Disney it's because they see some value in it.
The article didn't have enough information about the poll imo to be really relevant.
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