tag:blogger.com,1999:blog-5465015914589377788.post2425044312099784273..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Building a Tolerance for DebtMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5465015914589377788.post-72422986806482733702016-06-15T09:42:18.272-04:002016-06-15T09:42:18.272-04:00You are right about this Michael! But I don't ...You are right about this Michael! But I don't think the debt junkies read your blog (unfortunatly)<br /><br />SST "sing of times" comment remind me that in our society, if you have no debt (or very low debt) you are more likely to be considered as a kind of looser or someone with no life at all. Consumaturism and debt are close friends and people behind the scheme are smarts!Le Barbunoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-50181883770035013872016-06-15T09:26:33.260-04:002016-06-15T09:26:33.260-04:00@Le Barbu: There are a few of us around who are m...@Le Barbu: There are a few of us around who are maybe too concerned about debt, but there are way more people who keep spending and drive up their debts.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-82621047811565887882016-06-15T09:12:22.145-04:002016-06-15T09:12:22.145-04:00Human are good at building tolerance. I decided to...Human are good at building tolerance. I decided to swim almost everyday* for a 1 month now even if the pool temperature is 62-71F and now, I got tolerant to it (I dont care anymore). It's not bad to toughen of ourself a bit, depends of the goals and reasons. Like you, I used to be almost insomniac when it comes to debt and repaid students and car loan in a blink. Latter, I realized this was one of my financial "weakness". On the other end, I never been affected by markets swings like most!<br /><br />*especially for the cold effect benefit after hard weight training 4x/week AND because we booked for a 5 days stay in Old Orchard ;)Le Barbunoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-13186237045017731142016-06-14T19:59:01.940-04:002016-06-14T19:59:01.940-04:00My comments were just general comments, not condem...My comments were just general comments, not condemning your statements or inferring anything. <br /><br />Yup, those marketers are very skilful. SSTnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-77688883047698284682016-06-14T09:38:34.620-04:002016-06-14T09:38:34.620-04:00@SST: I'm not sure why you think my remarks a...@SST: I'm not sure why you think my remarks are blaming the individual. This process of becoming accustomed and relaxed about being in debt is one factor that leads to our greater indebtedness. Another factor is the incredibly successful marketing of debt, primarily by banks.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-19321197200104361662016-06-14T09:33:37.262-04:002016-06-14T09:33:37.262-04:00It can also be a "sign of the times". I&...It can also be a "sign of the times". I've talked with people of different generations and I've heard members of the young-ish crowd proclaim that it's natural to carry a balance on a credit card, whereas the older generation either avoided debt or paid it quickly. There is a reason why personal debt is at an all-time, but to lay the blame squarely on the individual is perhaps not totally correct. SSTnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-5896329027579855442016-06-14T07:48:30.207-04:002016-06-14T07:48:30.207-04:00@Alan: Sadly, too many people just get used to th...@Alan: Sadly, too many people just get used to their hair being on fire.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-37846188757564227722016-06-14T07:00:53.258-04:002016-06-14T07:00:53.258-04:00If only half your hair is on fire, that isn't ...If only half your hair is on fire, that isn't as bad as having all your hair on fire, right? <br /><br />I keep telling people having less debt is like having half a hole, you still have a hole! Big Cajun Man (aw)http://www.canajunfinances.comnoreply@blogger.com