-
MY $ DIARY: Stripping, Financial Solvency, & Home Ownership
(If you're returning to check up on my progress, just scroll down to my most recent entry!! I'll be posting in Red, below. Thanks for checking back!)
Hi Ladies,
Today I was thinking of all the money I've made dancing in the last six months. I don't know how much excatly since I havn't kept a record, but I estemate I've made at least $25,000 since June, probabally way more. I guess I average $600 a night.
Dancing is not my only income. I get my 'primary expenses' paid by a sugar-daddy of sorts - he gives me $2000 a month, and pays most of my school related bills.
So I'm sitting here, and I'm looking around, and I realize: I am no better a financial position today than before I started dancing. This is very disturbing.
I drive a fancy sports car now, which I have financed. I have a big screne tv, loads of expensive clothes, shoes, a thousand dollar weave in my hair, some travel stories and pictures, and thats about it.
Don't get me wrong, its nice to have expensive things. But I look at the older girls I work with, and I see how much money they've made, and I wonder why they all say they still rent an apartment and take taxies. This is not NYC. Condos and cars are not that unattainable. At the club where I work, all the girls bank almost every night. But everyone seems to be empty-handed when it comes to meaningful investments like a home or property or a serious financial portfolio.
So what's the explanation? I know my problem: I've been enjoying the money too much to think seriously about how long I can or will want to do this job, and what I hope to have at the end of this.
I have decided to use the next year to build my net worth. My goal is to save $40,000-50,000 to use as a downpayment for a mortgage within the next year. I am going to keep this thread updated with my progress. Lets see if I can do it.
-
Re: Stripping, Financial Solvency, & Home Ownership
You might want to buy two books:
Rich Dad, Poor Dad
One Minute Millionaire
Rich Dad book will give you a good philosophy (aka foundation) so you can actually be better off financially. Whereas One Minute Millionaire will give some more philosophy and steps so you can be better off financially. This way you will be better off than when you started.
Just my recommendations. My input.
(As a comment: Oh how I would loooove to have someone pay my rent, phone, internet and electricity... you are lucky (in a way) to have that sugar daddy)
-
Re: Stripping, Financial Solvency, & Home Ownership
242,
What you are seeing is the lure of the here and now. It is easy to say I will do it next month. then the months go by, then years go by and before you know it your life goes by.
you see how easy it is to spend more money everytime you go to the grocery store. It is easy to spend another $30 a week on food. Then spend $20 more than that the next week.
Go to any mall and it is easy to frop $200 with little to show for it. The hard part is not saving, but not spending when it is there to spend.
I wish you all the luck in the world. Learn the word "LATER" and you will have something later.
-
Re: Stripping, Financial Solvency, & Home Ownership
Quote:
But I look at the older girls I work with, and I see how much money they've made, and I wonder why they all say they still rent an apartment and take taxies. This is not NYC. Condos and cars are not that unattainable. At the club where I work, all the girls bank almost every night. But everyone seems to be empty-handed when it comes to meaningful investments like a home or property or a serious financial portfolio.
Well, you need to analyze this situation in detail. If every girl in your club banks every night they work, then you're talking about annual pre-tax incomes in the $100,000+ ballpark. But depending on your state and local tax rates you're also talking about a $55,000-$65,000 after tax income if the dancer is properly declaring their $100,000+ income and paying the required $35,000-$45,000 per year in income tax, self-employment tax etc.
If (just for the sake of speculation) a dancer in this situation was working for cash and not declaring and paying taxes on all of her income, then buying a house/condo or buying a new car would generate automatic reports to the IRS via state deed and title registration agencies that the dancer had just spent a large amount of money and/or had just committed to sizeable monthly payments. Similarly, brokerage houses will generate automatic reports to the IRS in regard to investments.
Since IRS computers will cross check previously filed tax returns, any dancer who has not reported and paid taxes on a sufficient amount of income to explain being able to save up thousands of dollars for down payments plus making thousands of dollars worth of monthly payments or ponying up thousands of dollars to purchase stocks and bonds is going to set off alarm bells at the IRS. Perhaps this explains why there aren't many property owners or new car owners or fat investment portfolios to be found in the club's dressing room.
PS not to be a stickler, but you will probably wind up owing about $8,000 to $10,000 in income and self-employment taxes on the $25,000 you earned in 2004. You may actually wind up owing way more than this if you are ever audited and the IRS deems the $2,000 a month you are receiving from your quasi-sugar daddy as personal income i.e. payment for services rendered rather than as a 'gift'. Since you have already financed and bought an expensive new car, thus the IRS has already received an automatic report from the state motor vehicle agency which registered your new car, the IRS computers will undoubtedly be looking for a matching estimated tax payment next January 15th and a matching tax return from you by next April 15th which shows enough income to explain the down payment you already made plus monthly payments you will be making, plus enough left over to cover normal costs of living.
.
-
Re: Stripping, Financial Solvency, & Home Ownership
Melonie rocks the tax advice.
I'm an obsessive compulsive saver, so... if you average 600 per shift, and you don't really have any expenses (school and bills paid by the sugar daddie), and your goal is to save $40,000....
If you save $500 per shift and assume that 150 of that will go to taxes and 350 will go towards actual savings, it would take you 28 weeks of 4 days per week to save $40,000. That's only seven months! Most people take twenty years to save that much money!
Now, here's what I'm thinking (and realize that I don't necessarily know what I'm talking about)... the fact that you want 40k for a downpayment makes me think that you're looking at a 200k+ house. I don't know where you are and what the housing market is like where you are, but in most parts of the country you can get a reasonably okay house or condo for close to 80k. So if I were you I would save up 15-20k (which will only take you a couple months! Wow!) and use it as a down payment on a 80k house. Let your sugar daddy make the payments for you while you save up money for the house you really want (if I've learned anything from home ownership it's that practice makes it better). Then in six months when you want to buy your real house, you can sell the cheap house and use that money as the downpayment (plus the cash you've saved), plus, after living in a house you own for a few months you'll have a much better idea of what you're looking for. I think that might be better from a tax perspective too, but I'm not sure...
-
Re: Stripping, Financial Solvency, & Home Ownership
Hey Melonie,
You're always such a source of good information! Anyway, I should have mentioned that I am in Canada, so no IRS here. Revenue Canada, basically our IRS, would be the one to nail me for the taxes.
Fortunately, however, since I have earned all $$ in cash and club does not report it, and I have managed to piss away 95% of that cash before it lands in the bank or funnel through visa, at present I am not worried about the $25,000+ from this year.
I do declare about $8,000 each year, and present my expenses as those of a typical student. Since this is my first year dancing, and as I mentioned I am thinking about a mortgage, I am going to find an accountant that can help me claim SOME of my income, for example $30,000 a year. That should only cost me $5000 in tax, and it would be well worth it to have a statment of income to take to the bank once I have the down-payment saved.
So for the other earners at my club, I can inform you categorically that nobody pays their taxes, and definetly nobody pays $40,000 a year!! 95% of the girls I work with are over here from Romania, and they just save their money (or spend it at Gucci each week) and then bounce when the visa expires. I think that if I told the girls I work with that I'm planning to file my taxes quazi-legitimately, they would think I'm crazy. But like I said, none of my girls own a house, or even a car outright, and many make consistant $500-1200 / night.
Sorry - forgot to add about the cost of property here...
Right now the conversion rate is approx $80,000 USD = $100,000 Canadian. The cheapest condo in my city would be about $150,000 CAD, or $120,000 USD. Because I don't have perfect credit, I probabally need 35% down. So its reallly gonna take until I have like $40,000-50,000 to secure the loan.
-
Re: Stripping, Financial Solvency, & Home Ownership
-
Re: Stripping, Financial Solvency, & Home Ownership
Revenue Canada as well as the IRS, unfortunately for us, are both in the process of upgrading their computer power so that they can implement all of this automatic reporting on the expenditure side. The premise behind it of course is if they can't get income automatically reported on the earnings/employer side, that they can instead sandbag people when they go to spend the money. No matter how you cut it, if financial records show that you put down $50,000 in down payment and assumed $1,500 a month in monthly mortgage payments, on top of putting down $5,000 and assuming $1,000 a month on a new sports car, that somewhere along the line the computers are going to try and find a declared pre-tax income which will leave enough money after taxes are paid to explain where all of that down payment and monthly payment money is coming from !!! If the tax-man's computers can't find the declared income on tax returns necessary to match the reported expenditures they're getting from motor vehicle agencies and state/provincial property deed offices, it's a dead giveaway that somebody is under-reporting their actual income. This is virtually guaranteed to spark an audit and investigation, particularly if tens of thousands of 'missing' dollars are involved.
-
Re: Stripping, Financial Solvency, & Home Ownership
Perish the day that the Government (Canada or the US) figures out how to tax "SUGAR DADDY" income. Seems that $2000/month is the going rate nowdays as we have several girls here that collect that amount as a "gift" each month in exchange for ?
At the risk of being censured .... I would suggest you pay your own school expenses out of your earnings and use "Daddies" money to buy things like the clothes, shoes, weave, meals (not gorceries) ... pretty much anything you can pay cash for that doesn't have a deed or title.
The Govt. knows you have a sports car and you have to live someplace and eat ect. Beyond that, they have to PROVE you spent more money than you showed as earnings.
The reason most dancers never own anything is because they BLOW the money. (note that this does NOT apply to most dancers here at SW) Melonie is 100% correct that the IRS can track Car titles and Deeds to property. They (IRS) have done this for many years and that may be part of the reason why so few dancers actually OWN anything visible. Usually its just due to spending too much on clothes, unemployed boyfriends and ........ "party favors" rather than a complex plan to screw the IRS though.
-
Re: Stripping, Financial Solvency, & Home Ownership
242,
In short you are not preparing for any future at all, if you spend or commit all your income to depreciable things you comsume and enjoy now. I don't believe that is hard to understand, reading a book or not. I believe I have written to you about that before.
Sugar Daddy income in excess of 11,000 (used to be 10k$ limit which is on the way up) is subject to a heavy gift tax on part of the Daddy.
Either that or it is income for your services to your Daddy.
-
Re: Stripping, Financial Solvency, & Home Ownership
Ok more clarification...
Sugar daddy has it set up so that since he already paid taxes on the 'gift' I get each month, I do not have to pay tax again. The money he gives me is under a category of 'child support' on my income tax, all child & spousal support payments in Canada being tax free, it is indicated on the income tax form but not calculated in my official 'taxable' income.
Anyway, like I said, I'm gonna declare some this year and some next year, to lessen the difference b/t 'earned' and 'spent' on the taxes, as well as proof of solvency in preperation for getting a mortgage.
But hey, lets get back to the point I started this thread:LETS HEAR SOME SAVINGS TIPS AND STORIES OF OTHER DANCERS WHO'VE USED THIS BUSINESS TO INCREASE NET WORTH!! :D
-
Re: Stripping, Financial Solvency, & Home Ownership
I agree that buying a cheaper, starter house is a good idea. Or get your sugar daddy to front the down payment. He'll feel like he's helpng you with something important, which will give him a warm fuzzy feeling.
I think that it's also a good idea to keep that house and use it as a secondary source (rental) of income while you move up.
-
Re: Stripping, Financial Solvency, & Home Ownership
Well...I didnt mean to piss you off. I was intending to be objective. (Reverse the clauses and you will see -- In short if you..., you are not preparing.) I didn't know you are in Canada; the rules for taxes I know do not apply.
In any case, if you are saving for downpayment on a house, you are doing good thinking. Likely you will need to establish good credit first. Financing the car is a good start for credit. No credit is looked on as worse than bad credit since it is completely unknown. A few small, well-managed, short term loans or good payment records on a credit card (like American Express) is a good idea. Banks like to loan money; and they seem to like that a lot. They want to loan to people who will pay back on time (apparently payment due time is a big factor for them). A regular job (or profession if an independent contractor) that you've been in for a long time also will help establish the ability to pay back.
If you can pay cash for a house, you will not need credit. Still it is a very good idea to have good credit. But probably with you, it will not be the downpayment that determines how much of a house you can mortgage, but your credit standing.
You can find many websites that discuss ways to expand and even improve credit, and you can find ways to monitor your credit score (FICO). That would be a good thing to do now if it applies in Canada.
The main rule I'd like people to remember is this: we all want to better ourselves and get things that appeal to us; it's human nature. But remember that it takes time and even experience to do it well and at low risk.
-
DIARY: Stripping, Financial Solvency, & Home Ownership
So here are my results from my first week back at work.
MONDAY TOTAL: $0
In these parts, January is the worst time of year for a dancer. The club was pretty slow compared to usual, and supposedly customers spent all their $ on the holidays, or so the theory goes. When I walked in on Monday night, I took a look around the club and then left without even working. There weren't many cusstomers, but there was already about 15 girls milling around, and I just couldn't face having my first night back under those circumstances.
TUESDAY TOTAL: $220
On Tuesday night I showed up pretty late, after 9:30pm. There were still fewer than usual number of customers. I only stayed a couple hours. Home by midnight. Vowed not to be such a late-comer-early-leaver, since it's not possible to make any real $ doing that crap.
WEDNESDAY TOTAL: $ -5!!!
I have never had to pay out of my own pocket my dj fee until today! It is so depressing, I can't believe it. I went early, aiming to get the 'after work' croud, but after sitting around from 5pm until 9pm, I only sold 2 dances ($40 total), but my dj fee was $45, so I lost $5. I could have stayed later, and would have probabally made a bit of $, but by the time the customers started showing up I was sick of the place and wanted to leave.
THURSDAY - OFF
My regular customer was supposed to meet me at work at 6pm. Lets call him Red Tie, as he usually wears a red tie to visit me. He usually spends about $700 on me, so I was really looking forward to his visit to get me started this month. At 5:30, as I sat in my car at the McDonalds drive-thru, full make up and eyelashes and everything on my way to the club, he called and cancelled. Grrrrrr. Decided not to waste all evening like yesterday, so went home for a nap before work. Was so tired / fed up with my crappy nights so far this year, that at 9pm when I finally got in my car to drive my lazy ass to work, I ended up circling the block and coming home. Hoping things start to look up...
FRIDAY TOTAL: $880
Mr Red Tie finally made it in, and while I was waiting for him, I sold $80 of dances to someone else. I went at 5:30 and left at 9:30. If I would have stayed until 1am (house rule), I would have made $1000 for sure. But was being a major slacker so I left.
SATURDAY TOTAL: $410
After my (limited) sucess on Friday, I decided to try my luck on Saturday. I figured that if the weekday business travelers are still not traveling yet this year (as evidence by my shit week-nights), then maybe the teenage punks have some christmas money to spread around the club on Saturday. Well, when I walked into the club it was rammed with men, but no dancers!! It was the total weirdest thing I ever saw in the club. These two guys wanted to take the champagne room with me for an hour, but I couln't find another dancer!! I ran all over the club but there were really only 5 of us!! (usually there is 55 girls). If only I had shown up before 10pm! I bumped into a regular customer, lets call him the Man In Black, and he spent $300. Then I did a couple more dances, and it was already nearly closing. I really regret not going on time (8pm at least) on Saturday, since there was really money to be made, and no other girls.
WEEK TOTAL: $1510
DAYS WORKED: 4
AVERAGE: ABOUT $400/SHIFT
GROSS SAVINGS: I HAVE $1100 SAVED FROM THIS WEEK. But I have to pay my car insurance, school books, and get my new extensions, so I have made no measurable progress on my goals.
Its a bit fustrating that I now have about $8000 of debt to pay off before I can count my $ for my new condo. But one week at a time is the only way to do it.
THOUGHT OF THE WEEK:
Even though I was late every day to work and left early, I never got in trouble.
Even though I was half-assed about my job, I still made about $100/hr.
Even though I was depressed this week about crappy earnings, I still made more in these four days than regular workin' folk make all month. And they have families to feed.
Even though I'm not satisfied, if I continued to make this kind of $ I would still be able to reach my goals in way less time than the rest of the population.
-
Re: Stripping, Financial Solvency, & Home Ownership
depressing thought of the week ...
You really only saved $600 this week not $1100, because you owe about $500 in state and federal income taxes on that $1510 gross income which you haven't yet paid !
depressing thought for next week - 4th quarter 2003 estimated tax checks must be sent in by January 17th ! Assuming your previous earnings are similar to last week's earnings, you probably owe the IRS around $4,000 plus whatever amount to your state (providing of course that you already paid estimated taxes in April, June and September, if you didn't you owe for those quarters too plus penalties).
-
Re: Stripping, Financial Solvency, & Home Ownership
-
Re: Stripping, Financial Solvency, & Home Ownership
Actually, if those sugar daddy payments are reported on her tax return as untaxed "support" as she says, she's showing $24k/yr there, and if she reports $8k/yr in earned income, that's a total of $32k/yr in reported income. Considering she only has the car financed and likely relatively low credit card debt, I think as far as reported income goes she's probably pretty safe from tax audit. If she keeps her spending low, she could conceivably claim say, $30k/yr in earned income plus the $24k/yr sugar daddy payments, pay taxes for 2 years for proof of income (needed for a mortgage anyway), then make her down payment and buy the house without signalling an audit. That would also give her 2 years to build a better credit rating in order to obtain a better interest rate and possibly not need such a large down payment for a mortgage. That's what I would do.
As for the savings plan. Set yourself a savings goal - say $40k by the end of the year. Allow yourself 4 weeks of vacation time and say, $4k for vacation spending, then figure how much you'll have to save per week to save that $40k by the end of the year. Count the number of weeks left in the year, subtract 4 for vacation. You'll most likely take that much time off so allow for it. Figure how much you'll have to pay for taxes - you said about $5k. So, $40k savings goal + $5k taxes plus $4k vacation spending = $49k. Divide that by the number of work weeks left in the year (total number of weeks minus 4 vacation weeks). Right now there are 51 weeks left in the year, so that leaves 47 work weeks. $49k / 47 @ $1042, round to $1050 per week. That's your weekly savings goal.
If all your bills are paid by the sugar daddy, and you make $1100 on a bad week, you should easily be able to save $1050 per week. Treat it like a bill, to motivate yourself to get to work and make that goal. If you have a great week, treat yourself to something small (but don't blow the whole extra amount) as a reward. Watch the $$ pile up - it won't take long and it's a nice motivator. If you have a bad week, you should have some extra from a good week to offset. If you have bills due, use extra money from a good week or work an extra day to make the difference. Just make sure you save that set amount every week before you spend any $ - you'll start finding all sorts of ways to curb your spending when you've got a $1050 "bill" to pay every week.
Put it in a safe deposit box or where ever you have to in order to keep it out of easy reach so it's not such a temptation to spend. Having cash around makes it too easy to dip in and spend - out of sight out of mind - until deposit day when you can enjoy looking at the pile building up ;) But keep in mind, any money you put in a bank account, or pay on credit cards or other financing is traceable in case of an audit...
Every 3 months or so take a week off, take $1k from your savings and go on vacation - you can time it around holidays or just when you need a break. If you stick rigidly to this, by the end of the year you'll have had 4 weeks of nice vacation, plus $5k for taxes and $40k in actual savings. Not bad huh?
Good luck and keep us posted! This could serve as a good motivational thread for others too :)
-
Re: Stripping, Financial Solvency, & Home Ownership
Melonie
Thanks, but...
For the last time, I am not in the states!
You do not know my tax situation.
Don't get me wrong; you know alot, but not everything! :)
And your depressing thoughts for my week are particularly unhelpful since you are totally wrong about how much I will owe.
-
Re: Stripping, Financial Solvency, & Home Ownership
Quote:
Originally Posted by Bridgette
Actually, if those sugar daddy payments are reported on her tax return as untaxed "support" as she says, she's showing $24k/yr there, and if she reports $8k/yr in earned income, that's a total of $32k/yr in reported income. Considering she only has the car financed and likely relatively low credit card debt, I think as far as reported income goes she's probably pretty safe from tax audit. If she keeps her spending low, she could conceivably claim say, $30k/yr in earned income plus the $24k/yr sugar daddy payments, pay taxes for 2 years for proof of income (needed for a mortgage anyway), then make her down payment and buy the house without signalling an audit. That would also give her 2 years to build a better credit rating in order to obtain a better interest rate and possibly not need such a large down payment for a mortgage. That's what I would do.
Thanks Bridgette! You agree with the accountant that I found: I am not at risk for an audit, and won't be as long as I claim some of my stash on my returns, and keep the rest out of the bank.
When its time to get a mortgage, my friend who owns a legit business is going to wash up to $60k for me of the cash I've earned, and it will be transferred as a tax-free partial loan, partial gift. BLAM!
-
Re: Stripping, Financial Solvency, & Home Ownership
Quote:
When its time to get a mortgage, my friend who owns a legit business is going to wash up to $60k for me of the cash I've earned, and it will be transferred as a tax-free partial loan, partial gift. BLAM!
Well, this was my area of primary concern - how you could spend a large chunk of money without first 'explaining' where the money came from. It looks as if you have this base covered ! Ahhh, if only we could find such helpful friends and such 'lazy' tax people here in the USA !
-
Re: Stripping, Financial Solvency, & Home Ownership
-
Re: Stripping, Financial Solvency, & Home Ownership
Week #2 Report:
MONDAY TOTAL: $360
On Monday night I didn't get to work until after 9:30, so I can't say I met my goal of getting to the club by 8pm :(
Things started off great though - the second I stepped on the floor I saw a customer I had danced for before, and he/she (don't ask) asked for some private dances 'on the double', so we ! ran ! to the vip room. The manager saw me come in, and exactly 5 minutes later I was dancing for someone, so major brownie points there, even if the $ wasn't that good for the night.
I also broke my resolution to stop drinking at work, got pretty wasted, and left at 12:30. Hung over on Tuesday. Very.
TUESDAY TOTAL: OFF
WEDNESDAY TOTAL: $590
Late again! Its so weird, I just can't get myself to work before 9:30. Today I actually started at 10pm, and left at 12:15. I met a guy who just wanted to talk to me (dirty, ugh), but at least I didn't have to take my costume off all night! I took him in a private room, and when we came out he was like 'don't leave me', lets just talk more... so thats ok.
Something weird happend though, and its never happend before. I was taking him into the private room, and it was 10:40. I don't wear a watch, usually the waitresses are really good at watching the clock and coming in on the minute we end, but it was way busy so I checked the time just to be sure. At 11:35 the customer went to the bathroom, so I ran out of the vip room and asked the same shooter girl again for the time. A couple more minutes passes and he wasn't back yet so I just took our drinks out of the private room so another girl could use it. Then, he came back into the VIP room and I was like 'our time is over, sorry hon' and he starts pointing at his watch and he's like 'No, we're not done, we started on the hour."!!!!!! Me: 'Um, no, I asked the shooter girl for the time, she'd remember if yoiu go ask her"... and "Should I get the bouncer?" Then he's like 'oh, no, thats ok. lets just talk some more..." so I told him he is still on the clock. But, WTF???? He totally tried to scam me, and thats why he was asking me if I wear a watch. Asshole.
THURSDAY: OFF
I should have gone to work since I had no classes on Friday, but was way too tired from a long day at school so I didn't bother going in.
FRIDAY TOTAL: $1100 - BEST NIGHT EVER!!!!
WOOO WOOO! I made $600 in the VIP room, and then the guy tipped me $500! This is definetly my best night ever (proportionally, since I was only there for 4 hours!!)
The night started off really screwed up too. I got there at 9:30, was supposed to see regular customer 'Mr. Red Tie'. But he had shown up an hour early for me, so by the time I got there he had to leave. He and I had a bit of drama (I'm posting a thread in Stripping General, stay tuned), which was seen by my bouncers (who feed the gosip circle of the club), so I started off the night in a very discouraged / po'd mood. I was talking to one of my dancer friends about Red Tie, and this handsome guy comes over to us and asks us to join him and his friends.
This particular girl and I have very good chemestry getting gustomers into VIP, so it was pretty-well a done deal before we had a chance to order a drink or anything.
SATURDAY TOTAL: $800
Mr. Red Tie came back despite the drama last night, and he kept me busy for a couple hours, then tipped $200. Last night I realized that I should be selling more champ. rooms instead of the basic private rooms, so I had Red Tie promise me that next week well have some more quaity time...
WEEK TOTAL: $2850
CHANGE FROM LAST WEEK: +$1300 (APPROX)
DAYS WORKED: 4
GROSS SAVINGS: I HAVE $1950 saved from my earnings this week, with the balance having been spent on DJ fees ($150), Tanning, Hair, Groceries, Gas, School Books ($200)...
THOUGHT OF THE WEEK: the small expenses really add up! In the last two weeks that I've been tracking my money, I've 'lost' track of nearly $1000. Next week I'm going to try to be more precise about my totals since this is bugging me.
Tomorrow I'm going to the bank to pay $2000 towards my $8000 debt at school. Working to get out of debt sucks because you just keep working and making all this money, but you have nothing to show for it, not a stack of cash, not anything new to look at - all you do is pay and pay for what you already used. I think it really stinks. I want to get out of debt (just a few more weeks at this rate), and never get back in again. I think the only good debt is a mortgage, thank u very much!
Stay tuned for more next week....