How we got into debt

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When we bought our new house (20 years ago). We paid too much (first of all). We should have stayed in our old house. We had purchased it for $105,000, we owed about $70,000.00 on it and we sold it for $180,000. Our new house (in 2004) cost us $275,000.00. We then bought 2 brand new trucks, 3 brand new rooms of furniture and joined the golf course in which we lived! Man, we had it made! Living the dream. The only problem was, we couldn’t afford it. Six years later, we were $90,000.00 in credit card debt!

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