by Paulo1 » Fri 03 Jan 2014, 11:51:21
Pops and others,
Peak Oil.com has been just fine as far as I am concerned. I was surprised how close my own story mirrored Pops and was pleased he shared it. One purpose of PO.com is education and the editorial picks are pretty well rounded and promote reflection and discussion. The purpose is also fellowship, for lack of a better word. It is a gathering place and sometimes that is good enough on its own. The reader posts and comments reflect a wide range or personal situations and beliefs. Sometimes, I read what someone says and I try and understand why they have come to different conclusions than I have. Sometimes I object and feel compelled to chime in. (later)
I would be really interested in participating in the prep forum but seldom think about it because it isn't in the list of what I see on the page load. I see current and changing articles and reader posts. Going through them all takes quite awhile. If a prep link was on the first page I would head there as part of the trapline. That is one suggestion that I have...load a few links above the reader post section without having to go through the forum topics.
re: PStarr comment on debt..."What good does debt-free do. So you don't "owe" money? Big deal. At this point it makes sense to buy stuff on credit, go broke and head for bankruptcy. The hard decision is the credit-run; do you buy bugout stuff, last-hurrah fun stuff, or liquor, which combines the best of of both worlds."
My ex father-in-law, who was a steam engineer and fisherman, retired to his beachfront home when he was 45. He is now 80 and is still living 1/2 the year where it is warm and 1/2 the year on the BC coast. He and his wife have always lived simply and learned to live with what they had because they were brought up poorer than church mice in northern Canada. In fact, if the freight train engineer didn't kick out a crate of frozen fresh water commercial fish when they passed the cabin in northern Sask, 'papa' and siblings would have starved. Sometimes the rabbits didn't cooperate and there was no moose to be found. Anyway, when I was 24 with my first mortgage and a new born he gave me some advice. "Pay off your house as soon as you can. When you do this it will seem like you just got a $1,000.00/month pay raise. You will actually have some cash. You won't believe it. " So I did. I paid for my old shack by the time I was 30, and that was with a wife who stayed home with the kids and spotty employment. We moved away and to a better house and then I paid that off by 40. It allowed me to go back to university. Selling out in 2007, at the peak, allowed me to relocate, buy land, and later retire when I turned 57. Retiring debt equals freedom, pure and simple. Debt=servitude.......no debt=freedom. My father-in-law who never graduated high school told me about 'economic servitude when I was in my twenties. I have never forgotten it. Call me old fashioned, perhaps, but for me running up debt and declaring bankruptcy is failure and dishonest. It is stealing from those who are solvent. It is stealing from our children and grandchildren. It is why all of our different countries are as f'''ed up as they are. I can't condone it as a deliberate action and strategy.
If one does go bankrupt due to misfortune or circumstance, so be it. There are laws and process to help you get back on your feet. I have known some great folks who went bankrupt, recovered, and got on with it. It was very hard on them for many years, but they became stronger and wiser for it. You may or may not agree with me, but I mean no disrespect with my comment. If my father-in-law, with no dad in the house, could rise up from Big River Sask, get his GED, become a 1st class steam engineer and a successful fisherman, all by watching debt and remaining focused...there is hope for all of us. He is the first to say he was 'lucky', and he was, but he did it on his own by working smart.
regards....Paulo