Homeowner Bailouts Destined to Fail

After years of observation of American consumers, Mr. ToughMoneyLove some time ago arrived at the opinion that some folks just are not meant to be homeowners.  This does not mean they are bad people or fundamentally undeserving.  The fact is that some people lack the resources, judgement, or discipline to make good financial decisions or to fulfill all of the financial obligations associated with owning a home and paying on a mortgage.  For them, it’s just not going to happen. Read more