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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (113533)	3/30/2008 1:19:27 PM
From: Travis_Bickle	Read Replies (3) \| Respond to of 306849

They used to have something called "parents" that would take care of it.

To: bentway who wrote (113533)	3/30/2008 4:44:26 PM
From: Debt Free	Read Replies (1) \| Respond to of 306849

you have the right idea, but the big thing we need to teach them is to avoid credit at all costs (exception being for being a house). If they could learn that if they don't have the cash, then they can't afford it, their life would be so much better. So what if you don't have the latest toys A good rule of thumb endorsed is 80/10/10 rule. Spend 80% of your income on your needs, give 10% to charity and save 10% for yourself JMHO PS - fund the party out of the 80%