Saturday, July 3, 2010

Financial Irresponsibility

Just read a story on CNN.com that was talking about how 7,900,000 jobs are likely gone for good. Then I thought about the fact that we're in a recession. Then I thought about how much money Americans spend. We are in a recession, but there were mad parents at the optional $70+ SOAR when they could be holding on to that cash. I have numerous friends who have taken Spring Break and summer vacations over these past few months. I just spent $188 on a round trip ticket to Manhattan. We have Blackberrys and Iphones that we get for "free" or at a "reduced" price but we end up buying 8 of them in the duration of our contracts ($100+/month). Gentlemen still out go out to the bar, buying themselves and random women drinks... In 1935, I can bet that cats weren't offering ladies a glass of water, much less an amaretto sour.

Just think about it; How many fresh pairs of kicks do you have? When your friend shoots you a text about a crazy sale, do you buy the quantity of a retail priced shirt and then talk about how much you saved? Do you cook for yourself or order in all the time? We are too arrogant to be in a real recession. In the great depression, people were bragging on things that had little value. We are sitting here bragging on stuff that actually costs a good chunk of change. We really need to reconsider our financial habits. Otherwise, we really won't have anything. Food for thought.

Litera scripta manet. - Unknown

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