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Jan 20, 2023
10:30
:02
am
RGGeemer
All-American
That's just it, though. Thats 10% that can't go to normal living expenses that
Other people have. I can see how that could drive up necessary debt for some.
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RGGeemer
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rggee
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RGGeemer
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Aug 18, 2010
Last login
Jun 16, 2024
Total posts
67,952 (721 FO)
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Messages
Author
Time
This is a big part of why Utah appears to be wealthy:
rad dawg
1/20/23 8:59am
Makes sense since we pay 10% of our income to our church. Other states don’t
Dangerous
1/20/23 9:01am
What does that have to do with spending money they don’t have?
RealTaysomHill
1/20/23 9:08am
Wait- you DON'T borrow money to pay tithing?
Courtimedes
1/20/23 9:17am
Nope. If I feel like I’m running out by the end of the month, I take money from
RealTaysomHill
1/20/23 9:18am
RE: Nope. If I feel like I’m running out by the end of the month, I take
Courtimedes
1/20/23 9:19am
if you are going into debt paying tithing, you are budgeting poorly
Pobs
1/20/23 9:10am
It’s not like it’s a surprise to tithe payers that they are going to pay 10%.
garyfan
1/20/23 9:21am
That's just it, though. Thats 10% that can't go to normal living expenses that
RGGeemer
1/20/23 10:30am
Or even drive up the temptation of discretionary debt
NumbersGuy
1/20/23 10:41am
Seems like a weak excuse. Instead of making $100k, you make only $90k, just like
garyfan
1/20/23 11:38am
That brings in the question net vs gross.
JohnnyC
1/20/23 12:37pm
So members don't budget because of tithing??
IronPotato
1/21/23 7:23am
Last time I saw number, roughly 30% of members in Utah pay tithing
AZ Coug
1/21/23 10:12pm
Where did you hear that?
IronPotato
1/22/23 8:58am
My stake pres heard it in a meeting with other SPs (area presidency meeting)
AZ Coug
1/23/23 8:16am
You mean that the 31 year old dude with the new pickup towing the camp trailer
macdizzle
1/20/23 9:02am
No, it's "literally" not... but it's a nice exaggeration.
tarzan15
1/20/23 9:05am
Some are. Especially if you add a boat to the mix.
macdizzle
1/20/23 9:10am
Maybe $100k. Thanks Biden.
IronPotato
1/21/23 7:24am
Can we add multiple expensive vacations each year to that?
Charles Darwin
1/20/23 9:15am
That’s a good point. We don’t have the expensive toys but we do travel a lot.
macdizzle
1/20/23 9:21am
That doesn't mean anything unless it's age adjusted. Utah is the youngest state in the country.
CSoul
1/20/23 9:02am
I dont think its completely useless.
rad dawg
1/20/23 9:15am
Uh, think about what you just said for a sec. Kids don't stay kids
CSoul
1/20/23 9:43am
I guess I am really not that smart.
rad dawg
1/20/23 10:06am
The reason we are the youngest isn't because of current kids, it's all past kids. Once you are 18 you count in these
CSoul
1/20/23 10:10am
Makes sense but seems some of those assumptions dont hold up.
rad dawg
1/20/23 10:48am
Home debt is the driver like I said. Texas, Oklahoma, Nebraska have much lower home prices and
CSoul
1/20/23 11:47am
I get it but still see gaps.
rad dawg
1/20/23 12:28pm
I know you aren't trying to be combative but you are struggling to understand correlation and that one variable
CSoul
1/20/23 12:58pm
This makes sense if the home ownership rate recently jumped.
rad dawg
1/20/23 4:40pm
Not that it matters a ton. But I would like to see a map for consumer debt
cougarfann888
1/20/23 9:02am
Prices increased everywhere. California and Arizona were both just as bad
rad dawg
1/20/23 9:06am
My uneducated guess would be that the ratio of families/home ownership also play a role.
kccougar
1/20/23 9:08am
That was my first thought. All this shows is which states have a higher ratio of
Boredname Checks Out
1/20/23 9:16am
No doubt. Buying over priced homes is a huge factor here.
rad dawg
1/20/23 9:17am
Plus people with families are more likely to buy a house than a similar aged
sandtrapcougar
1/20/23 9:19am
Sounds like another round of Pres Heber J Grant teaching is coming: get out of
P-Widdy
1/20/23 9:04am
What’s more important than a boat and a toy hauler?!?!?!
pink22
1/20/23 9:05am
Uhh...
Courtimedes
1/20/23 9:18am
Prosperity gospel overrides. This is an unspoken issue in just about every
deejo
1/20/23 9:27am
The map seems to show it’s comparable to other western states.
JuicyJam
1/20/23 9:07am
It seemed that Utah was almost always lower than neighboring states which
StarMan
1/20/23 9:17am
This is part of why we'll see population flow into the Midwest
Gustav
1/20/23 9:08am
Let's not have TOO much population flow, though, ok?
Courtimedes
1/20/23 9:20am
Most of what people attribute to “Utah”
cougarbart
1/20/23 9:09am
My car has to be slightly better than the Johnson's.
RSL
1/20/23 9:09am
All the people with large homes living paycheck to paycheck always surprises me
violetjazz
1/20/23 9:10am
<< Deleted >>
Buffalo
1/20/23 9:15am
Idaho is last? That seems kind of weird.
Super Chicken
1/20/23 9:24am
Could have something to do with the prices people paid for houses in Boise the last few years
JollyGreenGiant
1/20/23 9:37am
Watch the map. Turns red the last year. It’s gotta be the housing crisis we are
Don Carlton
1/20/23 9:44am
It’s bad. I knew a guy that had ~$75K in credit card debt, owed his aunt $50K,
kcca
1/20/23 9:26am
Who gives a crap. Yes I bought a big house. But my interest rate is 2 percent.
JAGA97
1/20/23 9:27am
So you can get a HELOC to assist with your business? Interesting
byu1
1/20/23 9:48am
Glad you made it work. Well done.
IronPotato
1/21/23 7:26am
<< Deleted >>
Peter Venkman
1/20/23 9:56am
I'm always surprised at how many toys I see in Utah. Super nice, boats, trailers
Windward_Coug
1/20/23 10:00am
Utah is the youngest state in the country. Young people have more debt than old
Junior Deputy
1/20/23 10:01am
Interestingly when you break it down by county Salt Lake County is green
Ben Swife
1/20/23 10:10am
Looks like it'll be time to invest in Utah real estate pretty soon.
IronPotato
1/21/23 7:22am
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