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9th Engineer · 07-14-2006, 08:05 AM

Living within one's means and not completely overextending yourself is the best way to not be affected by these up's and down's. That would mean not taking a mortgage that will take you 25 years to pay off IF you don't lose your job, IF you don't get injured, and IF the fantastic intrest rate you took your loan at doesn't change. Am I supposed to feel sorry for people who lose houses that they could never afford in the first place?

07-14-2006, 08:05 AM	#7
9th Engineer Bioengineer and aspiring lawer Join Date: Apr 2006 Location: Pittsburgh Posts: 872	Living within one's means and not completely overextending yourself is the best way to not be affected by these up's and down's. That would mean not taking a mortgage that will take you 25 years to pay off IF you don't lose your job, IF you don't get injured, and IF the fantastic intrest rate you took your loan at doesn't change. Am I supposed to feel sorry for people who lose houses that they could never afford in the first place? __________________ The most valuable renewable resource is stupidity.