As I watch the evening news, I am constantly reminded that our economy is not doing so well. Last night, the local news reported a car dealership and a major hotel that was closing for the last time. Everyone is pointing the finger at everyone else to point the blame. The real problem, as people see it, lies with the fat cats on Wall Street, the crooked CEOs at AIG, the government, the banks who told us we can afford the biggest house in the neighborhood, etc... Few are actually standing up and taking a little blame for their current situations. But deep down, a lot of this problem falls on the individual. I was taught a lesson a long time ago about money and spending. It might sound simple, but if you want something, you should have the money to buy it. If you don't, you really should not buy it. Now, I know there are some things like houses and college educations that you might need, but don't have the money in hand to make that purchase, but those are exceptions. Yet, the house or college education you purchase don't have to be the top of the line, just the one you can afford on the means you have.
Labels: money, Photos, Rants
my brother told me about a great kid's book that's out, but i can't remember what it's called...it basically teaches kids about money, and you should separate what you get into three cups: money to spend, money to save, and money to give away/share...sounds great -- exactly what our economy needs...oh, and about buying a dog -- we got ours at a shelter for a "donation" of $25 -- that's the way to go!...then our kids started showing up, and we realized, we need to focus our attention -- and our finances -- on the priorities...Reese is no longer our dog...i wouldn't want to hang out with Nickelback either...
Byben, at 14/11/08 09:30
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