"It's the economy, stupid"

[luvthemouse71]

If people didn't want it to be other people's business, they shouldn't discuss it on a public forum because doing so invites comment.

 

[Abharmagic]

My Dh also works in the financial market and is having one of the best months of his career- people who HAVE money are investing like crazy right now.

 

[luvsJack]

Maybe the best way is somewhere in the middle?

All the things everyone is saying is true: we only go around once, our kids are only young once, you don't want to get old or your kids get grown and then regret not going--all true.

But then its also true that everyone should do everything with responsiblity. Certain things have to come first. Food, shelter, clothing, ect.

I wouldn't risk losing my house but I wouldn't wait until everyhing is paid off either. If I knew I was going to have to sell my house regardless of a Disney trip that was already paid for--I would still go. If the amount of the Disney trip would make it so that I didn't have to sell my house--I wouldn't go.

I don't think the answer to the economy problems is to sit home, hording all money and worrying. Not much point in that. But doing the same things we have always done just maybe in a cheaper way; seems to be a better way to me.

 

[DOOM1001]

Maybe the best way is somewhere in the middle?

All the things everyone is saying is true: we only go around once, our kids are only young once, you don't want to get old or your kids get grown and then regret not going--all true.

But then its also true that everyone should do everything with responsiblity. Certain things have to come first. Food, shelter, clothing, ect.

I wouldn't risk losing my house but I wouldn't wait until everyhing is paid off either. If I knew I was going to have to sell my house regardless of a Disney trip that was already paid for--I would still go. If the amount of the Disney trip would make it so that I didn't have to sell my house--I wouldn't go.

I don't think the answer to the economy problems is to sit home, hording all money and worrying. Not much point in that. But doing the same things we have always done just maybe in a cheaper way; seems to be a better way to me.

I totally agree with you!!!

 

[scrappinmom]

I don't think the answer to the economy problems is to sit home, hording all money and worrying. Not much point in that. But doing the same things we have always done just maybe in a cheaper way; seems to be a better way to me.

VERY well said!

 

[melcan]

Anybody else worried about the economy?

Nope!

 

[eliza61]

Ahh...so it's your "right" to ridicule other peoples' financial decisions? Gotcha!

Furthermore, I didn't see anyone "asking for peoples' opinions". I'm pretty sure the posters that ya'll disagree with were posting their personal situations in support of the OP. They weren't on here, going "I'm paying for Disney instead of my house. What should I do?". Maybe I didn't read it the way you did.

Regardless, it's pretty sad that other adults have to ridicule others' financial situations and decisions.

how am I ridiculing her? No one is ridiculing the poster, we simply don't agree and that is my right. Some people like rope drop, I think they are a waste of time and would never suggest some one to do them. Some people like deluxes while other people think they are the biggest ripoff since pet rocks. some people will go into debt for a vacation others think thats ridiculous. Some people have sympathy for people losing their houses, others feel it's their fault for over extending themselves. We don't have to agree, yes every one has that right and the right to post their opinions on a public forum.

I'm out

 

[jhaig]

I didn't really see where this person or anyone else was judging those who pay with credit, specifically. I just was raised to use cash whenever possible and save credit for emergencies etc. My little method works for me and I'm comfortable with it-that's all. I really don't give a rat's hienie what other people do-just giving my perspective, which I believe is the whole point of a forum.

No kidding! I could care less what people do with their money. If you want to make a moronic decision and go into financial peril over a vacation, that's absolutely your right to do so. Go for it!

Just like if you post on a public forum and look for an argument that isn't there, prepare to be called out.

Good grief people, relax.

 

[jhaig]

Excuse me, but who are you to tell people about how they should handle THEIR financial situations?

If someone wants to "take out a loan" to go to Disney, that's their choice. If someone wants to "charge their trip"...guess what? That's THEIR choice.

I always find these threads so interesting when people come on here, carting around their "holier than thou" attitudes with them. Just because YOU choose to go to Disney all paid for with CASH doesn't mean EVERYONE has to follow in your footsteps.

Good Lord, there were times that if we had to wait to pay for our trips "all in cash", we NEVER would've gone.....and boy, am I glad that we didn't wait.

At the end of the day, it's really NO ONE'S business how people choose to pay for their Disney trips.

"Holier than thou?" How's the view from the cheap seats?

I don't mind hearing other opinions if they're contrary to mine and invite other comments, but if you can't do it without insult, then don't bother doing it.

Your money decisions are yours, and mine are mine. Big deal, move on already...

 

[madge]

Bolding mine. That's exactly what I always recommend. I have a trip planned for this December that is almost all paid for. But I think--no I know--this is going to be my last WDW vacation for a while. I could afford a trip, but for now, I am going to be saving more than I'm spending, building up some emergency savings. So next year I'll take my vacation days & do close to home things or go visit family. WDW will be there for me when we get thru this--we will get thru this, but this may take a few years--and I'll be there again.

Same here. We have a trip in October that's paid for. We had already talked about it being our last WDW trip (for a while) and I think the state of the economy will force us to seriously consider where and if we take a vacation next year.

With that said, we'll be eligible to book a bounceback package. I think we'll probably do that, because of the value of free dining. We may not take a WDW trip, but I want to take advantage of the savings if we do!

 

[aurorafan]

It doesn't always only affect the people who make these financial decisions. Hopefully the PP who's house is on the line and still going to Disney will have it all worked out at some point in the future, and so if they have kids their kids won't be affected. But my mother has gone from having a lot of money to a situation where one bad health crisis (or a series of smaller ones) or this financial crisis on Wallstreet, will leave her financially dependent on my brother and me. She has gone through all her money in the last 15 years with just the attitude others have mentioned "well I can't take it with me, so why not spend it". She actually said to me not so long ago "I'm not going to leave you in debt, I'm not hurting you, so why do you care?" Well mom, I care because you're 76 years old, and one wrong move will make you dependent on my brother and me. We have families too, and there's a good possibility our kids will not get what we want them to, because we've had to "rescue" her from her folly/attitude.

I'm not suggesting that anyone here will leave their kids in that situation, so please don't flame me. I'm just pointing out that sometimes that attitude and the financial repercussions of it affect others, not just yourself.

 

[stacyp9]

We know that this so-called "bailout plan" for the economy is gonna really cost us. Tax cuts are now a thing of the past.

But I look at it this way...if we don't do something...those banks may very well fail and no one would be able to get a loan of any kind. Homeowners, business, corporations, no one. What this means is that instead of thousands of lost jobs, it would very well may be millions of lost jobs. Which is worse, possibly another depression? or a tax rate hike?

There is no real way to make this thing comfortable...it'll hurt no matter what.

Yep, this "bailout plan" is just a finger in the large cement structure that holds back water (whose name this forum won't let me type) to try and help out McCain with the election because it was Bush economics that got us in this mess in the first place and it was McCain that voted with him everytime. Of course the bailout plan will also help out the wealthy heads of these companies have benefited nicely from all of this. Don't look for foreclosures to slow down. That's not going to happen. This plan is not designed to help the little people. The plan also is completely temporary. Look for the big crash within months of the election results and look for it to probably be worse than most of us have ever seen in our lifetimes.

 

[winterman]

This week really has me thinking about whether my plan for a $5000 vacation next May is a good idea. Anybody else worried about the economy?

Have you considered switching resorts to something cheaper? You could still go and have a ball but for a lot less money.

 

[Goofy_Girl]

I can totally relate to those who are worried. I work in the retail field and it's feast or famine. Either we are packed or there's that day hardly noone shops and you question your job security I admit I was filled with joy and excitement when I booked our first ever trip,but now I am anxious anticipating the costs that I know will accumulate in the parks. I know those jitters will melt away once I am there but I do worry about the week after mulling over bills

 

[rosiep]

No kidding! I could care less what people do with their money. If you want to make a moronic decision and go into financial peril over a vacation, that's absolutely your right to do so. Go for it!

Just like if you post on a public forum and look for an argument that isn't there, prepare to be called out.

Good grief people, relax.

"Holier than thou?" How's the view from the cheap seats?
I don't mind hearing other opinions if they're contrary to mine and invite other comments, but if you can't do it without insult, then don't bother doing it.

Your money decisions are yours, and mine are mine. Big deal, move on already...

(bold, Italics mine)
You're stance would be stronger if you withheld the insults as well.

 

[BoardWalkBelle]

Unemplyment is Fl is 6.3 percent, the worst it has been in years. Apparently one of the bright spots for emplyment here is tourism and travel. This was on the local orlando news today.

 

[NaplesRI]

When You Wish Upon A Star

Music by Leigh Harline / Lyrics by Ned Washington
Performed by Jiminy Cricket (Cliff Edwards)



When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will come to you

If your heart is in your dream
No request is too extreme
When you wish upon a star
As dreamers do


Fate is kind
She brings to those who love
The sweet fulfillment of
Their secret longing


Like a bolt out of the blue
Fate steps in and sees you through
When you wish upon a star
Your dreams come true

 

[GrillMouster]

Yep, this "bailout plan"... is not designed to help the little people.

The reason for a bailout is to try to prevent even more economic damage, prevent more people from losing their jobs, and prevent more people from losing their life savings. If that's not helping the little people, then I don't know what it. I hate bailouts just as much as anyone because they unfortunately also help the lousy executives who created this problem in the first place. However, here in the real world, you have to accept that sometimes there is no perfect solution.

Now, can we PLEASE stop talking politics on this board? All that ever does it get everyone riled up and suddenly people who thought they were friends become enemies. I like this to be my "happy" board. When I'm ready to discuss hot topics, like politics, I go to the Community Board.

 

[Goofey Drool]

 

[stacyp9]

This thread title gives a pretty good indication that it isn't about pixie dust. Probably best to avoid it, if it bums you out.

These bailouts are funded by a guys who work hard at two jobs, and rent apartments and by women who desperately want to stay home with their kids but who have to work to keep food on the table.
Who benefits? Stockholders in Fannie Mae. Holders of bonds issued by Fannie Mae. The CEO who helped himself to $13.4 million in salary this year. What do the stockholders, bondholders, have in common? They are all much richer than average Americans and they are all going to be sucking down tax dollars paid by poorer than average Americans (plus some tax dollars from the rich, of course).

Did it have to be done? Yeah probably, but make no mistake, it was not designed to help the little people. This administration doesn't give a wit about the little people.