I read a fairly long article in the paper this morning that talks about how much debt we as a nation have. If every man, woman, and child paid their share of the debt, we’d each have to shell out $145000.00. WOW. Our government is overspending to the tune of over $300 billion and borrowing from people all around the world.
It cited the fact that even during the booming 1980’s, when we were spending like crazy, that our savings rate was still around 7%. It’s down around zero now. Thank goodness I’m helping bring the average up, rather than down. At some point, something very big is going to happen and the economy is going to get really ugly. Many people are going to face some serious financial problems. WE CREATE THE SITUATIONS WE ARE IN. I’d like to say I’m going to feel sorry for all these people, but I won’t. People need to take another look at their finances! SET YOURSELF UP FOR SUCCESS. If I say that expression one more time, the police will probably have to come to my house and arrest my wife for beating her husband. She hates that expression, but it’s true. You have to plan for success. Set goals. Track progress. Create opportunities. Plan for emergencies.
I guess I probably shouldn’t rant about this, but it justs makes me crazy. Why is it so hard for people to live within their means and plan for tomorrow? How can people live under the constant stress of the possibility that the house of cards is going to crumble? OWN YOUR ENVIRONMENT. Be your own friend. Help yourself out. Do yourself a favor. Cut yourself some slack. Just stop spending. If you have the urge to spend money, go try to make the equivalent amount of money instead. Be creative. Have fun with it. Once you see how hard it is to make the same amount of money that you are thinking about spending, you might just reconsider. THE SWITCH IS RIGHT OVER THERE. TURN THE LIGHTBULB ON.