[quote=SellingMyHome]I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. [/quote]
I’m going to add this to one of my all time favorite quotes… Sorry, not picking on you, but it’s just seems like a funny statement, because it seems the two statements are contradictory…Because unless your home was so unliveable that a roof “needed” to be replaced, I’d say most of money use used went to updating “crap” in your home, which is no different that the folks that spend money on “crap” at walmart. “Crap” aka “wants” aren’t the same as “needs”, and I’m a stickler of folks clearly identifying the difference between the two. I’d say you did spend your money on “crap”, unless you utterly spending $500k on an unliveable POS (which would then beg the question of why would anyone do this?)
My advice, if you’re looking to a board to try to convince you to do one thing or the other, you’re already going down the wrong path. If you already think there is a morale dilemma, well that’s a problem you have. Apparently many people don’t have a morale dilemma, and I’ve never been a big stickler of judging by morales. So, again, don’t even bother asking for a blog’s advice on this..Just do it or don’t. And be done with it. Hell, do it a few times if you can live with it.
But at least admit it. You didn’t understand what you were getting yourself into, a bank didn’t hold you at gunpoint to make you get a liar loan, and the government is very generous these days. Of course, when your kids grow up completely a slave to a foreign country like China and Japan and/or your 401k becomes a 201k with a utterly useless toilet paper inflated U.S. dollar…well, I guess you won’t be around to see that anyway…
