|
| Tuesday, May 08, 2007 |
| What is Jane Dough blogging about this week? |
Is debt worse than death? - Mr Brandrick clearly lives in a world not of miracles, but of gas bills and other final demands. Fair enough, that’s his reality, but his story is arresting because of what it suggests about the apparent meaninglessness of a life without financial security. He has his life back, but not the life he wanted, because this new one is filled with financial insecurity.
How much should you really spend on your home? - But who knew gutters could come in such wide-ranging price points (not me obviously). The sales pitch for the high end product was pretty persuasive. Didn’t I want to invest in the best possible solution for my home? But after much discussion with other homeowners and a walk around my neighborhood I could not find anyone who owned the high-end solution. Did I really want to spend to over improve my gutters? |
| posted by Boston Gal @ 12:52 PM *
* Subscribe to Boston Gal's Open Wallet |
Links to this post:
|
| 3 Comments: |
-
I haven't been in this guy's shoes (being told he has a terminal illness) so I can't be sure how I'd react if it were me, but I do think it wouldn't change my character. Deciding not to pay your mortgage payments when you have the money is a character issue. He entered into a contract to make those payments. If he wanted to sell up and travel for his remaining time, fine, but sounds like he just stopped paying and continued to live in the house. Quitting his job in order to spend more time with loved ones gets my understanding, cheating the mortgage company because he thinks he won't be around to deal with the repercussions does not.
-
He's not really cheating the mortgage company. If he dies, the house ends up in probate, the mortgage company will get something out of the subsequent sale of the property. True its a hassle for sure, and not necessarily fast process to complete. But they will get something. They still have title to the property until the loan is paid off.
Personally... I intend to go out broke. The last check I plan on writing is to the undertaker and it should bounce!
-
Personally... I intend to go out broke. The last check I plan on writing is to the undertaker and it should bounce!
Here here! There aint gonna be a dime in my Wallet.
|
| |
| << Home |
| |
|
|
|
|
I haven't been in this guy's shoes (being told he has a terminal illness) so I can't be sure how I'd react if it were me, but I do think it wouldn't change my character. Deciding not to pay your mortgage payments when you have the money is a character issue. He entered into a contract to make those payments. If he wanted to sell up and travel for his remaining time, fine, but sounds like he just stopped paying and continued to live in the house. Quitting his job in order to spend more time with loved ones gets my understanding, cheating the mortgage company because he thinks he won't be around to deal with the repercussions does not.