Indeed

Weerd asks, “Why Bother?” — good question, that. Makes me wonder why more people haven’t just walked away. Similar boat for us: a simple home that needs work, at a price we could afford, in a tolerable but not great neighborhood, with a fixed rate mortgage. But we’re watching the market value on the place plummet all the time.

And a bunch of people who can’t do their own math and figure out their own income and expenditures are now looking for handouts to fix their poor money handling decisions?

I think the reason I keep making my mortgage payments is a moral and ethical one. I don’t want to be a leech on the system. I’m paying my mortgage because that’s the choice I made. I’m making my car payment (or buy older cars that need work) because that’s my decision.

I don’t expect somebody to bail me out financially for the choices that I make.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.