The Sad Tale of Borrow and Spend verses Save and Invest

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 · That’s $275.28 per year that we can use to pay down debt, invest, or even save for a vacation. I’m not saying you need to cancel all your subscriptions immediately, but I think it’s good to periodically evaluate what to keep and what to cancel.

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 · The sad thing was, we didn’t do anything out of the ordinary or above and beyond what should be done. It’s just that so many other companies – not just financial advisors – treat the customer like crap that when the customer is treated like a person, the customer thinks it’s great customer service. It’s sad when you think about it.

The classic rule of thumb is to borrow. save enough to retire. Southwick: What percent believes in Bigfoot? Brokamp: 28% believe there’s a greater chance that they’ll find a Bigfoot than they have.

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If you need help understanding the importance of saving money, consider these key reasons why you should save money now: 1. Saving can give you freedom. It can be tough to allocate some of your cash to a savings account if you don’t have a set goal for that money. Why save for later when you can spend on what you want today, right?

The sad part is they believe it is also valid. To benefit richly from society is translated into: worked to get a business off the ground; worked endless hours each week, each month, each year to get the business to succeed and in the black; worked tirelessly end on end to contribute to society only to be rewarded with more "contributions" required by law.

 · Ahh, Financial Media. It is a key cog in today’s ever-churning news machine, because hey, who isn’t interested in money?. Everyone has a go at it, from the tanning-salon-smile hosts of the regional news shows reporting the daily close of the Dow index, up to the Ph.D. credentialed economists who debate economic indicators and fiscal policy on Wall Street Week.

 · So the average American, who is left high and dry, must borrow, borrow, borrow, just to maintain a decent quality of life – because handing capitalism control of the basics of life has caused massive, skyrocketing inflation in necessities, while flatlining his income.

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