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    Taming the Debt Monster - Attitudes to debt for young players

    Hi Simon I sent it to a few people and even posted it in our public folders at work. To be honest, most people took it as if I was trying to prove something. The section about the lady who bought a performance car and thought it would appreciate, was criticised the most. I told them to forget...
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    Taming the Debt Monster - Attitudes to debt for young players

    Hey aussierogue After re-reading a few posts, I guess it was just one of those things. You stirring the pot, me taking it the wrong way, etc. :) No harm done I hope. Anyway, I forwarded on Simon's post to a few people today (parents included). But I think it's like someone who has just...
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    Taming the Debt Monster - Attitudes to debt for young players

    I know exactly where you're coming from Simon. He just has different goals and different strategies. I think he plans to make his fortune through business. I throw it out there every now and then about investing, but he is not the slightest bit interested. Same with the other directors. He...
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    Taming the Debt Monster - Attitudes to debt for young players

    I have to admit Les, I feel exactly the same as Buzz. While I am new to the forum and I did bite my tongue, I don't think it pays to be rude and insulting. Sure it's just his opinion, but we're only younger, we're not the enemy. From what I have seen, the younger people here have nothing but...
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    Taming the Debt Monster - Attitudes to debt for young players

    Ahhh, possessed, good word. Maybe I was possessed and that's the only explanation! hehe Seriously though, I just have a love for cars, similar to Peter Spann's admittance in one of his books. But in addition to that, I don't think I had the knowledge of what was required to become financially...
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    Taming the Debt Monster - Attitudes to debt for young players

    I was exactly the same Simon, no disrespect intended... and just for the record, I am far from successful! I think my earlier post is testament to that. :)
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    Taming the Debt Monster - Attitudes to debt for young players

    I didn't realise 'younger' and 'successful' were mutually exclusive. :)
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    Taming the Debt Monster - Attitudes to debt for young players

    Wow, what a coincidence. Excellent post Simon!!! I am booked into the bank on Friday to ask for another LOC to get me out of the exact situation you described. Last year I had a lapse of reasonable judgment and purchased a $65k car under a hire purchase arrangement. I had convinced myself...
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