When are you going to get out of debt... HUH!!
The more we have the more we want... Where is the end to this trail?? The poor house... DUH!!
Date: 5/5/2006 8:50:34 PM ( 18 y ) ... viewed 2845 times Today in the United States, we think that poor is living in government housing and getting $12,000 a year plus food stamps... Most people do not really know poor if it were to come up and bite you in the butt... It is a shame that we can live so high compared to most of the world, and complain so loudly...
May be if you were living in Haiti, or some parts of Kenya, or in the outskirts of Bombay, or some where near Faya in Chad, or in Felda Fla, or Chilon Mexico, or Babo New Guinea, or Bulusan Philippines; you might know real proverty... You may want to get your maps out and learn some geography too... HUH!!
It seems that the more we have the more we want... It is simple wants over powering our real needs... The advertising man's dream, BUY, BUY, BUY!! I have always known that salary would have to match inflation... Which is almost always positive or up ward bound... BTW; you can have negative inflation, if everyone would be willing to except lower wages and then prices, but that is another story...
What really blows me away is all this housing boom... It is not just the actual housing, but the over whelming prices people are willing to strap themselves, and most likely their children with; that really scares me...
A friend of one of my sons; who is a builder said he could build the average $200.000 house for about $70,000... Why then are so many people so glad to over pay for something as large as a house?? It is driven mostly by greed, and some people having too much money... Of course the real estate and contractors love it... Local governments love it because of the increased taxes... Banks love it because now you have fifty year mortgages, and interest only loans... Smart HUH!!
The big picture folks, is what are you going to do when the music stops and you do not have a chair to sit in?? ( Refer to musical chairs) Plus though inflation is most likely going up due to people expectations; wages never really catch up for most people...
The main idea, is to learn to live on less than you make... I know you do not want to hear that, but it is the truth... Start paying off your bills, debts and consolidate your money... If you do not manage your money someone else will certainly do it for you... At a cost... DUH!!
We will discuss a plan to help you get control of your spending and be able to retire rich... HUH!! SO stay tuned and learn how to be successful with your money...
See Ya... Kermit
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