Comments on: The 3 Most Insidious Causes of Debt http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 05 Mar 2010 09:37:31 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: My 5-Step System for Paying Off Debt | Debt Reduction Formula http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/comment-page-1/#comment-30038 My 5-Step System for Paying Off Debt | Debt Reduction Formula Mon, 30 Jun 2008 18:15:29 +0000 http://debtreductionformula.com/blog/?p=63#comment-30038 [...] What Causes People Get into Debt [...] [...] What Causes People Get into Debt [...]

]]> By: Why People Stay in Debt | Debt Reduction Formula http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/comment-page-1/#comment-7806 Why People Stay in Debt | Debt Reduction Formula Sat, 15 Mar 2008 23:13:53 +0000 http://debtreductionformula.com/blog/?p=63#comment-7806 [...] a previous post I covered the subject of how people get into debt. But here’s the next logical question: why do they stay in [...] [...] a previous post I covered the subject of how people get into debt. But here’s the next logical question: why do they stay in [...]

]]> By: A Long Long Road » 100 Resources To Improve Your Career, Relationships And Money http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/comment-page-1/#comment-114 A Long Long Road » 100 Resources To Improve Your Career, Relationships And Money Thu, 22 Nov 2007 15:35:57 +0000 http://debtreductionformula.com/blog/?p=63#comment-114 [...] The 3 Most Insidious Causes of Debt - 3 logical but often overlooked causes of debts. [...] [...] The 3 Most Insidious Causes of Debt – 3 logical but often overlooked causes of debts. [...]

]]> By: Ryan Healy http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/comment-page-1/#comment-112 Ryan Healy Tue, 20 Nov 2007 19:45:30 +0000 http://debtreductionformula.com/blog/?p=63#comment-112 Chef - Impulse buying is a big one. I think it falls into the category of premature lifestyle advancement. John M. - The education issue is definitely a gray area. Fact is, people who've gone to college usually argue for it; people who haven't gone usually argue against it. Thanks for sharing your perspective based on your college experience. Chef – Impulse buying is a big one. I think it falls into the category of premature lifestyle advancement.

John M. – The education issue is definitely a gray area. Fact is, people who’ve gone to college usually argue for it; people who haven’t gone usually argue against it.

Thanks for sharing your perspective based on your college experience.

]]> By: John Manley http://www.debtreductionformula.com/blog/the-3-most-insidious-causes-of-debt/comment-page-1/#comment-110 John Manley Mon, 19 Nov 2007 01:54:51 +0000 http://debtreductionformula.com/blog/?p=63#comment-110 I think the education thing is a real grey area. First, though, if you want to "get rich quick" (or just get rich, period) college isn't really the place to go. I know plenty of people with masters who are making minimum wage. I personally wished I had earned the money to pay for my 2-years of secondary school education. I ended up not pursuing the career at all, and regret the $35K investment. Granted, $30K was all money I had inherited. I studied in Italy, which was a great learning experience in itself. But... if I did it all again, I wouldn't have taken that route at all. John I think the education thing is a real grey area.

First, though, if you want to “get rich quick” (or just get rich, period) college isn’t really the place to go. I know plenty of people with masters who are making minimum wage.

I personally wished I had earned the money to pay for my 2-years of secondary school education. I ended up not pursuing the career at all, and regret the $35K investment. Granted, $30K was all money I had inherited. I studied in Italy, which was a great learning experience in itself.

But… if I did it all again, I wouldn’t have taken that route at all.

John

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