Why You Should Not Pay Bills

Is there anything you own, particularly anything expensive which the thought of living without sends a shiver down your spine? You’d almost certainly be lying if you said no. There are so many amazing (but pricey) things you can buy these days, like super advanced smartphones, consoles with every kind of game imaginable and life size statues of TV characters (should you be so inclined).

List your current source(s) of income (e.g., salary from job, interest from savings, alimony/child support, even parents)

In ‘Till Debt Do Us Part’ by Mary Loftus, she explains just how Americans in a relationship are affected by money in a positive and in a negative way. Well over sixty percent of women and male enter a marriage with some debt, which places tension on the relationship and takes the focus away from future financial goals (99). Concealing your financial transactions can cause legal issues and can be detrimental to your relationship, and can ultimately weaken the relationship (100). Women and men both grumble that the other isn’t doing enough to provide financially, which affects their relationship (101). The idea that men are supposed to work and women are supposed to be housewives like many years ago, can go against the couple if the women earns a lot more and can cause unnecessary hostility (102). Marriage requires effort from both parties, even with the abundance of issues of money, couples should plot their financial lives rather than avoiding it (102).

I am a firm believer in taking care of home first, so I spend very little

I am a manager at a finance company. Working with finances is what I do day in and day out. I feel this is a gift that God has given me. The financial world can be mentally draining. When I get home that is the last thing I want to attack is household finances. I have a financial plan in place for our home. Becoming more effective with a household financial plan is always on the “to do list”. Cutting cost, managing investments, paying bills, and making adjustments in your budget is what I do best. Unfortunately, I regret not putting a financial plan in place for my college. I am working on becoming debt free from student loans. Student loans have a low interest rate. These loans are an excellent resource to have when needed. It

Most of what we want we cant have because of the butt load of money we owe to the states and government. Not having enough money narrows out choices and restricts our ability to fully share and give to our families. One needs a good understanding of finance because if a person does then they will have a better chance in succeeding. Budgeting your income and how much a person spends on their expenses will give you more freedom on what you want to do. It gives an individual more time to themselves and gives them a little extra spending money on other things they are in need of. As people may want credit cards, they need to keep in mind that they aren’t always they best. Sometimes credit cards will lead someone into even more

Also, consider ways to bring home more money, if the expenses are difficult to pay each month. Producing more income is less stressful than facing the challenges of living with limited earnings. Study the options of working overtime, or turning a hobby into extra cash.

Debt is very common throughout life from 20s and up, its not always a bad thing if you pay what you need on time.I am sure I will most likely have various types of loans in the future and even now being in school I have already taken loans out to help pay for school. School isnt cheep and not many people can pay for thousands of dollars on the spot. Ill be in school for these four years, then im on to nursing school and finally practisioning school. So basically im saying thats a lot of money required that I dont have but there are options for getting loans to help. Creditor is a person or institution that loans money that must be paid back with interest. It is vital that you find the right place, somewhere you are comfortable and fits your

In a survey taken by Stanley and Mark Mann (1997), the one thing that couples argue about most is money. This survey coincides with many national surveys that agree the number one reason for arguments within a marriage is money. These surveys point out that over half of all marriage problems that eventually lead to divorce are centered around money. You might say that if a couple loves each other, money should not be an issue, but we all know better than that. Money can put tremendous amounts of stress on married couples. There are so many problems that can arise from money. Being a provider put tons of stress on one if he or she is not making enough money to support the marriage. This can also have detrimental effects on one?s self esteem. Matters can be made even worse if that person?s

This can be harder than it sounds. What do you do with all of those items you have been collecting for years, or what if you downsize only to realize you want to buy an R.V and travel?

would have extra money left I would prolyl just do a little shopping for the stuff everybody

Many people take expensive vacations and put them on credit, not worrying about the long term implications. They live for the moment recklessly instead of planning for a sound financial future. This impulsive, egocentric need for self-pampering and indulging creates long term financial problems that people don’t anticipate. I appreciate that life can be short and we need to find some sort of happiness, but expensive self-indulgent vacations, luxury vehicles, and gambling at casinos when one cannot afford such things is reckless and irresponsible. If one lives alone, perhaps they can take these risks, but most people that own homes have families with children, and it’s not fair to the kids to be ousted from their homes due to their parents’ irresponsible habits.

Do not live a life that you cannot handle, spend within your means. Be honest with yourself, if you can’t afford something, don’t buy it! Affordability is much more than the amount of money in your bank account, it also is how long it will take for the money you spent to be back in your account. Think of your finances as a long term process, not a short term fix. This is also why you should limit your credit card usage. If you rack up your credit card and lose your sole source of income,

Single income traditional families have to have constant vigilance of their finances, but the family’s rationale for this inconvenience outweighs the negative aspect of this lifestyle.

I do not enjoy activities or items because of the cost. Strict budget makes it difficult to take advantage of unexpected sales and opportunities. Saving so much such that I have no money for my daily use.