Comments on: Would You Go To Jail For a Week to Pay Off Your Debts?

By: Machinator

Machinator — Mon, 30 Jan 2017 02:02:46 +0000

This needs to be asked to graduate students fresh out of college. It’d be interesting to see how we weigh the promise of higher future income against paying debt off now.

As for me. Heck, I’d spend 2 weeks in jail for 10k in debt reduction.

By: J. Money

J. Money — Sun, 29 Jan 2017 20:09:52 +0000

In reply to Millionaire By Forty.

You wouldn’t be worried about your life in any manner?? That’s the part that concerns me… Anyone can easily be bored for a week and get paid tons of money for it, haha…

By: Freedom 40 Plan

Freedom 40 Plan — Sat, 28 Jan 2017 23:59:59 +0000

I don’t really hate my debt. But if I could eliminate all my mortgage debt ($600k) by spending a week in jail. I think I’d give that some serious consideration!

By: Millionaire By Forty

Millionaire By Forty — Sat, 28 Jan 2017 19:24:00 +0000

$10,000 for one week of being in jail? Assuming I wouldn’t lose my job or have a record, the answer is a loud HECK YES.

One week is 168 hours. $10,000/168 = $59.52 an hour! That’s a heck of a lot to lay low, stay in a room, eat for free, watch some TV, and maybe work out. Heck, I would stay for 10 weeks if it meant paying off all my loans!

By: ZJ Thorne

ZJ Thorne — Fri, 27 Jan 2017 02:42:28 +0000

Women’s prison are terrible, but a much different type of bad than men’s prisons. I would go to prison for a week to remove debt. Absolutely. Would probably go for a year to get a million, too. How many years of my life am I trading in work to receive money?

By: J. Money

J. Money — Thu, 26 Jan 2017 21:41:27 +0000

In reply to Fritz @ TheRetirementManifesto. Now you're talking millennial language :)

By: J. Money

J. Money — Thu, 26 Jan 2017 21:40:57 +0000

In reply to Kraken Fireball.

Hey, thanks for letting me know though!

I think we get SOOOOO caught up in all the “right” ways to do things here on $$$ blogs that it tends to skew our reality for people – including ourselves.

I used to be adamant that you have to track every penny – or else! – and as I got more mature I realized there are tons of ways to do *everything* and that it’s really those first initial stages of wrapping your head around $$$ that tracking comes into play big-time.

so def. don’t feel bad or give yourself any $hit if you stop tracking it all yourself! you’ll be fine once you’ve figured it all out!

By: J. Money

J. Money — Thu, 26 Jan 2017 21:35:03 +0000

In reply to Jax.

Ooooh fascinating!!!

I didn’t know there was a difference between jail and prison, but man I bet you have all kinds of stories working out in their library.

You see a lot of people trying to prove their innocence? What were the most popular books read? Bible?

By: J. Money

J. Money — Thu, 26 Jan 2017 21:33:17 +0000

In reply to Ms. Montana. Okay, then for you a cabin in the woods where a murder once took place (!!)

By: J. Money

J. Money — Thu, 26 Jan 2017 21:30:36 +0000

In reply to Andrew@LivingRichCheaply. you'll have to roll the dice and see ;)