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| https://thinkprogress.org/ketchup-sandwiches-and-other-things-stupid-poor-people-eat-41617483b497#.vapn93dq5 |
You can tell a person's true motivations by their actions, rather than their speech. Based on our actions, I am forced to conclude that we want to eventually wind up like the majority of Americans, namely almost broke, and dependent on government social programs for our survival.
I say this because we have been doing a fine job this year of spending down the PRINCIPAL of our savings. Which is exactly what anyone who wants to be poor should be doing.
We cashed in stock funds on the following dates:
07/01/2016 ............................................................... $2,500.00
07/25/2016 ............................................................... $3,300.00
09/01/2016 ............................................................... $2,500.00
10/05/2016 ............................................................... $7,000.00
TOTAL ................................................ $15,300.00 !!!
BUT THAT'S NOT ALL!! While fifteen grand certainly isn't chump change, we also managed to blow through some money returned from called bonds, about another $5,000 or so.
So let's just round it off, and say we've spent an additional $20,000.00 this year OVER AND ABOVE what our income sources can cover.
Ugh!!
The only way to sustain this behavior in the short term, (it's unsustainable in the long term, of course), is to print money, which just about any national government you can name is already doing, quite vigorously I should add. But since we can not print our own money, we will soon run out of it, and then must turn to our dear Uncle Sam with outstretched arms, begging for a handout.
Do you want to live like this?
Dude, I'm not sure what you are getting at. The only real way out is to earn more or spend less or both. In my case I lived frugally and made a ton of money doing stuff very few other people knew how to do and now I do whatever I want and spend whatever I want. But frankly, I still don't spend a lot cause I'm happy with my life without a lot of stuff.
ReplyDeleteI agree. My point is that the "we" in this post, by which I mean my family, are NOT being fiscally responsible at the moment. But hopefully my ranting and raving has finally gotten through to the rest of us, and things will change soon.
DeleteBy the way ...... you use the pronoun "I". In my experience it is much, much easier to save money as a single person than as a family.