{"id":81,"date":"2008-01-19T00:29:14","date_gmt":"2008-01-19T05:29:14","guid":{"rendered":"http:\/\/www.samcarrara.com\/marketing\/debt-got-you-down\/"},"modified":"2008-01-19T00:29:14","modified_gmt":"2008-01-19T05:29:14","slug":"debt-got-you-down","status":"publish","type":"post","link":"http:\/\/www.samcarrara.com\/marketing\/debt-got-you-down\/","title":{"rendered":"Debt Got You Down?"},"content":{"rendered":"<p>Forget about the National Debt that is over <span style=\"color: rgb(255, 0, 0);\"><b>$9<\/b><\/span> Trillion dollars! That&#8217;s over <b><span style=\"color: rgb(0, 255, 0);\">$30,000<\/span><\/b> per person.<\/p>\n<p>&nbsp;What is your personal debt? Oh, not much. Let&#8217;s list a few areas out&#8230;<\/p>\n<ul>\n<li>Credit Cards<\/li>\n<li>Mortgage (1st, 2nd and 3rd loans)<\/li>\n<li>Installment Loans (Vaccuum cleaners, furniture, pets, etc.)<\/li>\n<li>School (College, Private School for kids, etc.)<\/li>\n<li>Wedding<\/li>\n<li>Travel\/Vacations<\/li>\n<\/ul>\n<p>Yes, once again Sam has a depressing post. (Some of those items above are real experiences &amp; life lessons I&#8217;ve dealt with, or still dealing with.) Let&#8217;s be real, we all have debt. Does it control you? Are you a slave to it?<!--more--><\/p>\n<p>Don&#8217;t you just love the bumper sticker- &quot;I owe, I owe, it&#8217;s off to work I go.&quot;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"39\" align=\"bottom\" alt=\"I owe.jpg\" src=\"\/marketing\/wp-content\/uploads\/image\/I owe.jpg\" \/><\/p>\n<p><span style=\"font-size: larger;\"><u>So what to do about it?<\/u> <b>Write down all your debts.<\/b><\/span><\/p>\n<p>As an example:&nbsp;<\/p>\n<table width=\"300\" cellspacing=\"1\" cellpadding=\"0\" border=\"1\" align=\"left\">\n<tbody>\n<tr>\n<td><b>Type<br \/>\n            <\/b><\/td>\n<td style=\"text-align: center;\"><b>Amount Owed<\/b><\/td>\n<td style=\"text-align: center;\"><b>Monthly Payment<\/b><\/td>\n<td style=\"text-align: center;\"><b>Interest Rate<\/b><\/td>\n<\/tr>\n<tr>\n<td>Home Mortgage<\/td>\n<td style=\"text-align: center;\">$ 79,000<\/td>\n<td style=\"text-align: center;\">&nbsp;$ 905<\/td>\n<td style=\"text-align: center;\">7.30%<\/td>\n<\/tr>\n<tr>\n<td>College Loans<\/td>\n<td style=\"text-align: center;\">$ 17,300<\/td>\n<td style=\"text-align: center;\">&nbsp;$ 309<\/td>\n<td style=\"text-align: center;\">5.40%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Do that first then we can determine which to pay off first&#8230; (for another post)<\/p>\n<p>To get more answers now, check out the book I&#8217;m reading- <a href=\"http:\/\/www.samcarrara.com\/marketing\/index.php?now_reading_author=howard-dayton&amp;now_reading_title=your-money-counts\">Your Money Counts<\/a>&nbsp; Specifically chapters five and six.<\/p>\n<p><b>Let&#8217;s Get Out of Debt,<br \/>\nSam Carrara<\/b><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Forget about the National Debt that is over $9 Trillion dollars! That&#8217;s over $30,000 per person. &nbsp;What is your personal debt? Oh, not much. Let&#8217;s list a few areas out&#8230; Credit Cards Mortgage (1st, 2nd and 3rd loans) Installment Loans &hellip; <a href=\"http:\/\/www.samcarrara.com\/marketing\/debt-got-you-down\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[32],"tags":[58,63,184,33],"class_list":["post-81","post","type-post","status-publish","format-standard","hentry","category-finances","tag-book","tag-debt","tag-finances","tag-money"],"_links":{"self":[{"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/posts\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/comments?post=81"}],"version-history":[{"count":0,"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/posts\/81\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/media?parent=81"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/categories?post=81"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.samcarrara.com\/marketing\/wp-json\/wp\/v2\/tags?post=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}