How does it feel being tied down to your house mortgage and other debts?

When the Government hikes interest rates leading to more EMI's on your mortgage, it adds even more misery to your bleak existence. No more degrees of freedom and a hopeless vicious cycle is what you inherit. I'm earning a hell lot of money in my present line of work but all of it seems to go down this bottomless bit called debt. I'm young -just turned 26 and feel frustrated with this choking condition. I never asked to be in this situation but now there's no way to get around it.

Asked By: First Decision = Last Decision - 7/30/2008
Best Answer - Chosen by Asker
I know the feeling.. and you feel even worse if you only have a contract job.. and that contract job ends .. then you really get stressed and get sleepless nights.. you are still young.. I know it's hard.. but believe me.. once you are 45 and you have to face this situation it looks a lot bleaker still .. one seems to... More
Answered By: Vera Gabriele - 7/30/2008
Additional Answers (3)
it is just like having 3 mothers-in-law living with you!
Answered By: Philip - 7/30/2008
If you don't like your existence, change it. Quit blaming your life on everything else.
Answered By: src50 - 7/30/2008
The best way to fix this debt problem is to first figure out what is left in your Mortgage Amortization cycle by using a mortgage amortization chart. This is the amortization chart website I use... More
Answered By: David M - 7/30/2008
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Local Positions Open in Your Area. Hiring Now - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-212