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[quote=Anonymous][quote=Anonymous][quote=Anonymous]PP -thanks for your post. We are working very hard to pay off debt and don't value expensive vacations/clothes more than college or retirement. I'm not sure I completely agree with you about sharing our financial struggles with our kids. Honestly it's not something I want them to worry about but I do want to teach them to be frugal and live within their means. Did your parents lose their jobs when you were in MS or have some other financial problem? Mostly I feel lucky we have good jobs and have been very fortunate, but it's like constantly being on a financial "diet" that gets tiresome, but it could be a lot worse.[/quote]

Look, if you make 280k and you have consumer debt, you are living beyond your means.  Read the Millionaire Next Door - talks all about how parents don't share info on finances or frugality with their kids to "give them a better life" etc -but just just wind up setting their kids up for failure / debt by not modeling / discussing the hard decisions needed to avoid these critical issues.

From the outside, DH and I probably appear to be wasting our $ to our neighbors - we are very young and take ski vacations, we go to far flung places, but you know what- it took us 8 years to furnish our TH b/c we deferred that to travel b/c we would not compromise college or retirement savings for our vacation preferences. I think PPs point is- you have to compromise somewhere. You want to do everything (it sounds like) and maybe the activities and the private school are super important to you - that's fine. But you have to pick something in your lives to defer so you have have these things and manager your debt. We ditched furniture- what are you ditching? You

asked for advice on getting rid of consumer debt, you're getting it, and now you are acting like you don't want it![/quote]

Actually I didn't ask for advice on getting rid of consumer debt. I asked if anyone else was aggressively paying off debt and felt they couldn't spend money on anything except debt reduction, which is how I feel. Partly I'm venting that it's unpleasant to not be able to spend any money, although I'm well aware we really have no choice (due to our own fault) and that it will be wonderful and save us tons of money once we are debt free, or very close to it. No one has to convince me that I need to pay off debt, in fact one of the more helpful posts was about the fact that we should allocate a small amount of money to infrequent treats (a movie a few times a year). I'm assuming others find it tough to penny pinch and not spend money. [/quote]

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