Responsible Home Buyers, Why Be Frugal?
21st February 2009
If the government is going to bail out the irresponsible, why be responsible?
… I had to decide if it was worth getting out of bed to earn the money to pay my mortgage or not. Like all those bankers that got a bailout, I was wondering if it might be worth more to me to default on my mortgage than to pay it. I mean, what if the only people getting bailed out are the ones who truly screwed up? Being right doesn’t mean being rich and I didn’t want to miss out.