Reply to Earning Well but Drowning in Debt...how to dig out?

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[quote=Anonymous][quote=Anonymous]OP is never going to move, unless she is foreclosed on, because it is very clear that either she or her husband or both have a very big emotional attachment to the big $$ house in the perfect location and downsizing to an apartment would not let her save face.  Same with having 3 kids, same with the fancy activities and camps.

Big hat, no cattle is the saying in Texas.[/quote]

What's funny is that in ten years my husband and I will have a paid off house and millions in the bank.  Rental properties too.  Why?

We bought a home much cheaper than we can afford and one which leaves plenty of money for childcare and savings 
We only have one car and it's paid for.  Won't buy a new one until it won't run 
Don't order takeout unless it's the weekend 
Take the bus to work

Whereas the OP will probably have years left on her mortgage, student loans and probably more debt to pay for her kids to attend college.  She won't understand why they don't have anything and others do.  Maybe OP can then rent one of my properties and I'll use the cash flow for vacations?[/quote]

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