The Myth of 'Good' Debt

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When I went on disability back in 1995 I was told that when I became 62 I would get more money. I am still on disability and have medicare and medicaid but called social security in October 2011 and said I want to go on regular ss the lady inform me it would cost me more if I did. Doesn't seem right that I am struggling to survive and cost keep escalating and income does not. Why? Gas prices are always high and there are more millionaires and billionaires from oi stocks than any other type of industry. this is what is causing our nation to be in such a high level of inflation along with a bad economy. the people on welfare tend to say on it because why work when working will not pay the bills.

James Holifield of MI 11:55PM March 01, 2013

I however, agree with what says, but I am only in debt with one credit card .It is maxed out and I'm trying to pay a lot more than minimun payment . I had it paid off at one time but i have helping my son because he has been laid off of his job and so have i been laid off of mine. Then i have the rest with is my regular bills that come monthly auotmatically. The money could come in handy.i like to pay off my bills as they come in and use a little common sense and pay them off at once

Doris Giddens of FL 7:54PM March 01, 2013

having too much debt is part of the failure of this country. We are encouraged to use credit cards and it is very disstructive to the american way of life.

Allan E. Trimble of CA 7:19PM May 17, 2012

Good debt is an amount that you could pay off in three months

Allan E. Trimble of CA 7:19PM May 17, 2012

having too much debt is part of the failure of this country. We are encouraged to use credit cards and it is very disstructive to the american way of life.

Allan E. Trimble of CA 7:12PM May 17, 2012

Kind of quiet in here I think.
It's nice to buy things with positive cash, like a college education and a home.
I think banks ought to hold ordinary equity in companies that are making goods or doing something useful like that, instead of living on loan making.

brakloeinkh of IL 10:18AM May 14, 2012

Lo mejor es NO contraer mas deudas

Jesus Martinez of TX 1:26PM May 11, 2012

I need help with my finances i'm on ssi as i was hit by lightning and i have trouble just trying to make my bills i wish this could get a little bit better

scott oakley of CO 9:06PM May 07, 2012