But what is "above your means"? Everyone has their own definition of that.
For me, I believe it is above my means to take out a loan on a boat. Therefore, I don't own a boat and am saving to buy one in cash.
Other people do not believe that is above their means.
I just think it's pretty harsh to throw everyone who is having trouble with their mortgage into the "SCUMBAG LOSER" category.




Reply With Quote