CHAPTER 2001

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When this year began, there were people in Florida
digging through ballots upon ballots searching for
chads they could count.

Near the end of this year, a firefighter, police
officer or just some guy named Chad stood up to be
counted on that September day.

It was a year where we started out feeling so safe,
secure and able to do anything we wanted. Then came
the fears of opening envelopes, getting on planes or
shopping in the malls. We realized so much of what we
have, we take for granted.

It was a year when the most important thing to
television viewers was to either watch Friends and
record Survivor, or watch Survivor and record friends
on Thursday nights. Funny how that is the furthest
thing from anyone’s mind today.

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It was a year where lines at the Red Cross to donate
blood were longer than lines at the DMV, Post Office,
License Bureau, fast food drive-throughs, express
checkouts, toll booths and banks before Y2K combined.

It was a year when the World Series was more than just
a game. It didn’t really matter to most of us who won,
as long as the games were played. Sentiment was with
the Yankees and the city of New York. But our underdog
spirit for a young team in the league like the Arizona
Diamondbacks was just as strong.

It was a year when the hot news story of the year was
US Congressman Gary Condit and his relationship with a
Washington intern. So many of us were hoping that part
of the story would just go away. Guess we need to be
more careful what we wish for.

On a more individual level

It was a year when perhaps we lost someone near and
dear to us whom we’ve known all our lives. Maybe we
didn’t get the chance to see them as often as we may
have liked over the years, but we are glad to have
known them. Likewise, maybe someone we never really
cared for over the years left us, just as we were
starting to understand them and ourselves.

It was a year where we lost touch with some, and yet
found others.

It was a year where something good happened to us at
least once. But for some reason we didn’t quite believe
it was really happening to “us,” so we let it fade.

And it was a year where we went with the flow. Didn’t
makes waves. Sat back to see where we would end up.
Kept hoping for a better tomorrow. Tried to stay out of
trouble. Got out of the wrong side of the bed way too
often. Cried over spilled milk. Complained about the
cost of tea in China. And we kept hoping something good
would appear on television, but never did anything
about it, and kept watching it anyway.

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While 2001 is certainly one of those years we would
love to pretend never took place or just forget, we
know we can never do that. Nor should we really want
that to actually happen.

So when that ball begins to drop at 11:59pm in New York
City on New Years Eve, take that minute to just sit and
feel it. Think about the year that was and the year
ahead. So much is uncertain. The only things we know
are what have already taken place.

So don’t be afraid to have ideas and dreams of a better
tomorrow. Create some sort of image or monument of your
own to live up to. And if you ever lose your way or
that inspiration, take out this chapter on 2001. It’ll
be easy to find. It has that red, white and blue
ribbon as it’s bookmark.

Now .. Let’s Roll!

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About the Author

David Stoddard is a writer, commentator and essayist.
Sign up for his motivational ezine (Que Sera Sera)
at his web site http://www.dstoddard.net or by sending
a blank message to Que_sera_sera-subscribe@topica.com

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Attaining A Debt Free Lifestyle

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Attaining A Debt Free Lifestyle

 by: John Cook

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Many people have been taught that you cannot get ahead without debt. We are also inundated with advertising telling us we can have anything we want. All we need to do is put it on our credit card.

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We have become an impatient society, we want it right now. We have lost the ethic of working for what we want.

It is not how much money you make; it is what you do with it. By living without debt you can actually have a higher income since you are not paying out interest, you are actually getting paid interest on invested money.

All debt is not created equal. We will classify them as good debt and bad debt.

To simplify the classification we will say that good debt is a loan for something that you could sell at any time and repay the debt. This narrows down good debt to a home loan and possibly a home equity loan.

A bad debt, of course, is a loan on anything that will lose value.

Let’s take a look at some debts that we would consider bad debt.

Home equity loans are in the gray area. They could be considered good debt if they are used to repair or improve your home, but you would be a lot better off to just save up the money for the project. Home equity loans become bad debt when used for purposes other than home improvement or maintenance. In other words a bad home equity loan is for anything that does not add to the value of your house. Do not jeopardize your home by taking out a home equity loan on unnecessary items.

One possible good use for a home equity loan is when the interest rates are low. You can use a home equity loan to refinance your mortgage. Home equity loans generally have lower costs than conventional home loans.

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We consider school loans bad debt. If you finish school, get a good high paying job and then attack the loan like mad, a school loan may work out. The problem is that there are too many things that can go wrong. At best, even if you do graduate and get a good job there are always a lot of other expenses at this time in ones life. You are really behind financially when you start your working life in debt.

Auto loans are bad loans that have become common practice to us. We pay interest on a vehicle that will only be worth one half of its original purchase price in five years. Lately it has also been common for us to borrow more than a vehicle is worth. We can trade a car in that we still owe on, and roll that owed amount over into another vehicle. This gives us a loan amount that is higher than the value of the car that we drive away. We have lost our capacity to say NO.

Co-signing is a bad debt that usually and unfortunately involves family. If someone cannot qualify for a loan at a regular lending institution, they should not get a loan. The fact that they can t qualify for a loan elsewhere should tell you that they are a huge risk. Use this opportunity to teach them how they can get what they want by working harder for it and delaying the purchase.

If you want to get off of the debt treadmill, you must run as far away from debt as you can. You cannot use debt to get out of debt. Even if you do, you have not changed your habits; you must change your lifestyle.

About The Author

John Cook is a family guy who likes to help people get off and stay off the debt treadmill and secure the financial future of their family. You can read more about securing your families finances at his website www.financeforfamilies.com.

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