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	<title>Comments on: Federal Reserve releases new financials on consumers</title>
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	<link>http://blog.beatingdebt.org/2008/09/19/federal-reserve-090918/</link>
	<description>A great selection of archives from a debt prevention perspective.</description>
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		<title>By: Demandred</title>
		<link>http://blog.beatingdebt.org/2008/09/19/federal-reserve-090918/#comment-299</link>
		<dc:creator>Demandred</dc:creator>
		<pubDate>Thu, 09 Oct 2008 21:06:25 +0000</pubDate>
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		<description>I compleatly agree with you.  I few years ago I had headed down a life of borrowing in order to get a flashy lifestyle.  A friend refered me and my wife to Dave Ramsey and His Total Money Makeover Debt Payoff plan.  We fought hard for 18 months to pay off 35 thousand dollars in debt.  Now two years after becoming debt free and saving for what we want we find ourselfs able to pay for what we want more and more.  As time goes by it&#039;s amazing to see how fast you can gather assets when you have no bills.  We are 26 and have plans to pay off our house in under 10 years by making small sacrifices now.  I hope our nation get&#039;s enough thumps on the head to wake up and save again.  I have no doubt in my mind that if everyone took on an anti-borrowing additude we could shurly bring our country back into focus and really bring us into a new time of prosperity.</description>
		<content:encoded><![CDATA[<p>I compleatly agree with you.  I few years ago I had headed down a life of borrowing in order to get a flashy lifestyle.  A friend refered me and my wife to Dave Ramsey and His Total Money Makeover Debt Payoff plan.  We fought hard for 18 months to pay off 35 thousand dollars in debt.  Now two years after becoming debt free and saving for what we want we find ourselfs able to pay for what we want more and more.  As time goes by it&#8217;s amazing to see how fast you can gather assets when you have no bills.  We are 26 and have plans to pay off our house in under 10 years by making small sacrifices now.  I hope our nation get&#8217;s enough thumps on the head to wake up and save again.  I have no doubt in my mind that if everyone took on an anti-borrowing additude we could shurly bring our country back into focus and really bring us into a new time of prosperity.</p>
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