Comments on: Accepting The Bailout For The Van http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/ Getting out of Debt, Getting off the Couch, and Getting into Life Sun, 29 Jan 2012 16:23:20 +0000 hourly 1 http://wordpress.org/?v=3.1 By: The First Creditor http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6541 The First Creditor Fri, 24 Oct 2008 02:45:21 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6541 DD, I'm glad you made a decision you can stick by! I wish you the best. DD, I’m glad you made a decision you can stick by! I wish you the best.

]]> By: Carnival of Personal Finance #175 | Growing Money http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6516 Carnival of Personal Finance #175 | Growing Money Wed, 22 Oct 2008 13:01:49 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6516 [...] How Can You Save the U.S. Economy: The Secret to Success of the American Dream Stop Watching Market News, Start Watching LOLcats Tipping: Psychological Warfare? Is it a Smart Move to Increase Your 401(k) Contributions Now? What is Your Deepest, Darkest Financial Secret? Accepting the Bailout for the Van [...] [...] How Can You Save the U.S. Economy: The Secret to Success of the American Dream Stop Watching Market News, Start Watching LOLcats Tipping: Psychological Warfare? Is it a Smart Move to Increase Your 401(k) Contributions Now? What is Your Deepest, Darkest Financial Secret? Accepting the Bailout for the Van [...]

]]> By: NtJS http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6484 NtJS Tue, 21 Oct 2008 01:42:23 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6484 wasn't it a bit tongue-in-cheek when Andre Agassi was saying, “Image is everything”, and he had that crazy looking mullet? anyways, glad to see a bailout package for someone not on wall street. wasn’t it a bit tongue-in-cheek when Andre Agassi was saying, “Image is everything”, and he had that crazy looking mullet?

anyways, glad to see a bailout package for someone not on wall street.

]]> By: Carnival of Personal Finance #175 : Carnival of Personal Finance http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6483 Carnival of Personal Finance #175 : Carnival of Personal Finance Mon, 20 Oct 2008 20:12:08 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6483 [...] Accepting the Bailout for the Van [...] [...] Accepting the Bailout for the Van [...]

]]> By: The Debt Defier http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6472 The Debt Defier Mon, 20 Oct 2008 04:53:40 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6472 Thanks again for taking the time to comment! @Alison- We'll see how you feel on this subject in 25 years :) @ THR - Yeah, hopefully our behavior won't revert back to our old ways. As for using this money for our snowball...I thought about it, but then realized that we are paying a higher interest rate on the van anyway, so it probably makes more sense to pay it off first. @celticbuffy - I have to admit I overlooked that aspect too in my initial decision to sell it. @dave - I'm normally a cynic too, but currently I'm a poor one :) @stocks - I sure hope any help is good help. @Budgets are Sexy - She "tries" to get the images ready for viewing/purchasing within 2 weeks of the wedding. Then the initial album design will follow sometime after that (week or two). Bumps in the road sometimes happen which causes a delay, but she always keeps the couple in the loop. 5 Months is a really long time, you should be PO'd at him. But in our few years in this biz, we've heard a lot of stories like yours. Good luck! Thanks again for taking the time to comment!

@Alison- We’ll see how you feel on this subject in 25 years :)

@ THR – Yeah, hopefully our behavior won’t revert back to our old ways. As for using this money for our snowball…I thought about it, but then realized that we are paying a higher interest rate on the van anyway, so it probably makes more sense to pay it off first.

@celticbuffy – I have to admit I overlooked that aspect too in my initial decision to sell it.

@dave – I’m normally a cynic too, but currently I’m a poor one :)

@stocks – I sure hope any help is good help.

@Budgets are Sexy – She “tries” to get the images ready for viewing/purchasing within 2 weeks of the wedding. Then the initial album design will follow sometime after that (week or two). Bumps in the road sometimes happen which causes a delay, but she always keeps the couple in the loop.

5 Months is a really long time, you should be PO’d at him. But in our few years in this biz, we’ve heard a lot of stories like yours.

Good luck!

]]> By: Budgets are Sexy http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6469 Budgets are Sexy Mon, 20 Oct 2008 01:11:50 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6469 Good work my friend - you guys made a decision and stuck to it :) I love how you thanked everyone for their advice, and then ignored it too! haha..but it's not like you really "ignored" it anyways, it was all a part of the figuring out process. And off topic, how long does it take your wife to turn around wedding pics? We have been waiting for ours going on 5 months now, and the photographer has stopped all communication for a week now...needless to say, we're starting "other methods" of forcing him to deliver. Good work my friend – you guys made a decision and stuck to it :) I love how you thanked everyone for their advice, and then ignored it too! haha..but it’s not like you really “ignored” it anyways, it was all a part of the figuring out process.

And off topic, how long does it take your wife to turn around wedding pics? We have been waiting for ours going on 5 months now, and the photographer has stopped all communication for a week now…needless to say, we’re starting “other methods” of forcing him to deliver.

]]> By: stocks http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6461 stocks Sun, 19 Oct 2008 03:27:01 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6461 Good for you on getting the bailout. I didn't wanna say originally as to not skew your thinking, but any help is good help, and kudo's to your mom for stepping up. Do good in school, that's what most parents want for their kids, that's what I want for mine, and mine wanted for me, if only I had listened to them more when I was younger. Good for you on getting the bailout. I didn’t wanna say originally as to not skew your thinking, but any help is good help, and kudo’s to your mom for stepping up. Do good in school, that’s what most parents want for their kids, that’s what I want for mine, and mine wanted for me, if only I had listened to them more when I was younger.

]]> By: dave http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6458 dave Sat, 18 Oct 2008 21:13:19 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6458 i sincerely hope that this was the right choice for your family. i am a cynical soul sometimes and my advice to stick to your guns and not take the money comes from that fact. in reality it is very hard to turn down such a generous offer, and like THR says, as long as you guys have changed your behaviour in regards to money, then this is just helping you along. also, you know your relationship with your mother better than any of us do. good luck. i sincerely hope that this was the right choice for your family. i am a cynical soul sometimes and my advice to stick to your guns and not take the money comes from that fact. in reality it is very hard to turn down such a generous offer, and like THR says, as long as you guys have changed your behaviour in regards to money, then this is just helping you along. also, you know your relationship with your mother better than any of us do. good luck.

]]> By: celticbuffy http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6456 celticbuffy Sat, 18 Oct 2008 18:21:40 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6456 I'm glad that a decision has been made. When I made my previous opinion known, I had forgotten to take into account the need a a somewhat roomy nice looking vehicle for the photography business. That, in itself, is very important to your finances as far as building a reputation and enhancing Mrs. DD's business. Hope you can rest a little easier now and can find a way to focus on other debt (and school) now. :) I’m glad that a decision has been made. When I made my previous opinion known, I had forgotten to take into account the need a a somewhat roomy nice looking vehicle for the photography business. That, in itself, is very important to your finances as far as building a reputation and enhancing Mrs. DD’s business. Hope you can rest a little easier now and can find a way to focus on other debt (and school) now. :)

]]> By: The Happy Rock http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/comment-page-1/#comment-6452 The Happy Rock Sat, 18 Oct 2008 14:32:07 +0000 http://www.thehappyrock.com/2008/10/17/accepting-the-bailout-for-the-van/#comment-6452 As I said in my comment on the original post, accepting the bailout isn't the issue. The van and the debt is a symptom. It is awesome that you both were able to get to the point where you realized that selling the van was the right decision and you both were willing to go there. Once one of the symptoms is gone it becomes harder to fix the problem, because working off the symptom changes your behavior. The goal is to change your behavior and your relationship to money and stuff, so make sure you have a plan to really address the problem in light of the loving gift. Also, if you have the money, would you snowball the money and apply it to your debt another way? Would that be possible? As I said in my comment on the original post, accepting the bailout isn’t the issue.

The van and the debt is a symptom. It is awesome that you both were able to get to the point where you realized that selling the van was the right decision and you both were willing to go there.

Once one of the symptoms is gone it becomes harder to fix the problem, because working off the symptom changes your behavior. The goal is to change your behavior and your relationship to money and stuff, so make sure you have a plan to really address the problem in light of the loving gift.

Also, if you have the money, would you snowball the money and apply it to your debt another way? Would that be possible?

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