- Your rent/mortgage price should never exceed more than 25% of your take home pay. It is very hard to do things like entertainment or save properly if it's more. Our mortgage at one point was 33%, and although it doesn't sound like much, it nearly sucked us dry living paycheck to paycheck.
- You do NOT have a constitutional right to privacy from anyone except the government. This means that any corporation or individual can buy your information (including your credit score and financial information) and it is completely legal!! Be aware of where your money is going!
- Credit card companies admit that the weakest link (i.e. the poorest person who is desperate to pay off medical bills, what-have-you, the person who is in the worst position to pay another bill) is the best customer because CCCompanies make their profit on them by interest and late-fees (if you pay the minimum payment on $1000, you will be paying it off for 30 years! That is A LOT of money in their pocket!)
I came to the conclusion that not only was I making an idol out of "stuff", I was loosing sleep over it...until we decided to stop living like the Jones'. It was killing us. We sold a bunch of stuff that we didn't need, and although it looked fancy, cool, trendy, whatever, we didn't care about it anymore. We wanted out of this slavery of debt. Now we have the mindset that excluding family, if our house was robbed, we wouldn't care-- it would be a hassle to clean up, but they can have whatever they want, because it's just stuff. Take it! I certainly don't need it, and I can live without it (and most likely have been without even realizing it).