Comments on: Santa Isn’t Coming This Christmas Because There Isn’t Any Home Equity to Tap Into

By: Please DON’T Use a Loan to Finance Christmas! | Save Your Dollar!!!

Please DON’T Use a Loan to Finance Christmas! | Save Your Dollar!!! — Sat, 08 Nov 2008 16:08:01 +0000

[...] post, Santa Isn’t Coming This Christmas Because There Isn’t Any Home Equity To Tap, reminded me of [...]

By: Phyncglyncned

Phyncglyncned — Thu, 09 Oct 2008 10:25:02 +0000

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By: Reduce Your Holiday Stress by Saving and Planning Today : Generation X Finance

Reduce Your Holiday Stress by Saving and Planning Today : Generation X Finance — Mon, 11 Aug 2008 14:31:07 +0000

[...] It’s only August and I’m bringing up the holidays. I must be crazy, right? While we holiday season doesn’t really kick into gear for another three and a half months or so, you know as well as I do that it will be here before you know it. Late November will roll around and you’ll be wondering how the time has gone by so fast. Even with a number of months to go, you can help reduce your holiday stress levels if you take the time to save a little money now and start planning ahead. You don’t want to be in a position where Santa isn’t coming this year. [...]

By: Private Equity Partner

Private Equity Partner — Tue, 29 Jan 2008 13:27:41 +0000

I totally agree that pullling equity out of your home to finance other goods is completly irresponsible use of money. However, who is advising this? Surely someone should have advised AGAINST doing so instead of letting her continue.

Hopefully people will learn from this, i have from my parents that sweated to scrimp and save to pay off their debts first.

By: .:Finance News Online:. » Blog Archive » Comment on Santa Isn’t Coming This Christmas Because There Isn’t …

Mon, 31 Dec 2007 19:34:15 +0000

[...] Jennifer Schonberger wrote an interesting post today.Have a look for your self, Here’s an excerpt, read the full story at the blogStar Money Articles for the Week of December 10… Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Blueprint for Financial Prosperity says it’s time to buy a house. No Credit Needed is reviewing 2007. … [...]

By: Webomatica

Webomatica — Tue, 18 Dec 2007 00:21:10 +0000

Yep this one really strikes a nerve. It seems there is a large group of people that doesn’t see debt as anything to get worked up over – as long as you can handle the payments. The total amount of debt is irrelevant and there’s “good” and “bad” debt.

By: money news blog » Roundup for week of 9 December 2007: Imminent ice edition

money news blog » Roundup for week of 9 December 2007: Imminent ice edition — Mon, 17 Dec 2007 02:11:46 +0000

[...] Generation X Finance discusses the folly of draining home equity. [...]

By: Personal Finance Review - Do It Yourself Edition » Money Smart Life

Personal Finance Review - Do It Yourself Edition » Money Smart Life — Sun, 16 Dec 2007 21:34:24 +0000

[...] -Santa Isn’t Coming This Christmas Because There Isn’t Any Home Equity to Tap Into @ Generation X Finance [...]

By: The Hot Topics of The Week: Party Recovery Edition | MoneySocket

The Hot Topics of The Week: Party Recovery Edition | MoneySocket — Sun, 16 Dec 2007 20:05:28 +0000

[...] Santa Isn’t Coming This Christmas Because There Isn’t Any Home Equity to Tap Into. Jeremy comments on a alarmingly growing(now slowing) trend of tapping into home equity to buy stupid stuff. I’m sorry, but not even Christmas gifts are worth tapping into home equity for. There are smarter ways to have a great Christmas. During the boom, many people where refinancing and buying stuff with imaginary money. Unfortunately what most don’t realize is when you “cash out” equity, all that means is that you’re getting a bigger loan, and all loans must be repaid. Sorry, no sympathy from me as well. [...]

By: Borrowing Against Home Equity, Paying Off A Car Loan @ My Roundup

Borrowing Against Home Equity, Paying Off A Car Loan @ My Roundup — Sun, 16 Dec 2007 17:45:07 +0000

[...] X Finance talks about the practice of some to use their home equity like a checking account. I was aghast to learn that this was more prevalent than I first thought. I look upon home equity as [...]