Money Worries?

Check this out:

Okay, a little swearing never hurt anybody, and be honest, you liked it, right!?  Now for the serious stuff.

The video above is very much like many marriages…….fortunately mine isn’t one of them.  Current estimates are that half of all marriages in the U.S. will end in divorce.  Not good, but hey, that’s not what THIS post is about.

The point I want to make is how people get into so much debt.  Think it’s easy to get into debt?  Of course it is.  All you need to do is spend MORE than you make.  Simple right?  It SHOULDN’T be simple though.  You should make it one of the most difficult things you can do.  You should look at how much money you have each month (or week) and spend only a percentage of it.

If you spend ALL of it, you’ll always be dead-even.  Spend MORE and you’ll be in debt AND start sprialling into WORSE debt, because you will have to pay INTEREST on the money you’ve borrowed.  The lenders (loansharks, credit-card companies, banks etc.) make their money this way.  It’s what banks have always done to make money.  What, you thought your money just sat their in a vault waiting for you?

Look, you can sell your time (your life) in exchange for money, or you can create a business that earns you money while you either build-up the business to make even MORE money, or you can play golf or go fishing. Whichever of these two choices you make is fine.  It’s fine with me, with your wife, your banker……….and many others.  It probably won’t be fine with your friends because they will be envious of you, so they’ll either try to talk you out of doing it, or they’ll simply shun you……………or try to get money from you!

The ONE thing that will NEVER be fine with me, your wife or you banker is that you get into debt by spending more than you earn and then DON’T PAY IT BACK!

Only your GOVERNMENT is allowed to do this!  Don’t believe me?  Well, of COURSE they can because THEY MAKE THE LAWS.

What’s my point?  Nothing really, I’m just ranting.

I think I’ll watch the video again.  In this economy I need a good laugh!

Luke.