Today I caught myself laughing at a statistic I heard on the radio. "50% of Americans, if faced with an emergency, could not come up with $2000."
First off, this has little to do with the economy.* Second off, Americans are compulsive buyers... of everything. Saving money is an idea of the past for most people, and that is a problem.
The radio station I was listening to interviewed people on purchases that they ended up regretting. Some ridiculous things mentioned were minuscule things such as toasters to huge purchases like sports cars and houses. Come on America... really???
There's an easy way in life to do whatever you want. It's called budgeting. If you're too busy spending your money to care about your budget then you will end up in the 50% that can't come up with the money**.
Gas prices right now are ridiculous, but guess who doesn't care?*** Me. Why? Because I changed my budget to account for the changes, and honestly not much has changed.
If you are 35 or older, reading this, and don't have a savings fund (or other way of investing money)... well I don't even have a sarcastic comment for your idiocy.
*Fact: The economy may be down, but that doesn't mean you can't make money.
** Unless your parents are rich... enjoy your mooching.
*** They are annoying though.
First off, this has little to do with the economy.* Second off, Americans are compulsive buyers... of everything. Saving money is an idea of the past for most people, and that is a problem.
The radio station I was listening to interviewed people on purchases that they ended up regretting. Some ridiculous things mentioned were minuscule things such as toasters to huge purchases like sports cars and houses. Come on America... really???
There's an easy way in life to do whatever you want. It's called budgeting. If you're too busy spending your money to care about your budget then you will end up in the 50% that can't come up with the money**.
Gas prices right now are ridiculous, but guess who doesn't care?*** Me. Why? Because I changed my budget to account for the changes, and honestly not much has changed.
If you are 35 or older, reading this, and don't have a savings fund (or other way of investing money)... well I don't even have a sarcastic comment for your idiocy.
*Fact: The economy may be down, but that doesn't mean you can't make money.
** Unless your parents are rich... enjoy your mooching.
*** They are annoying though.
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