Many observations, perhaps jumping to a few conclusions as well.
I am frustrated. How is it that most everyone in the western world wallows in debt? For nothing more than material possessions. Behaving as though their apparent status is a reward for their hard work. Realistically their debt make them slaves to labor, perpetually. The gold adorning their fingers or maybe even around their necks. A diamond ring for the ladies out there. The grade of diamond most of them may never know! Peppered with imperfections! Bought with a credit card.
The cars or SUV's they lumber about in, to and from work or maybe the mall are mostly owed on or leased. Debt. The houses they brag that they own. Owning a mortgage is NOT owning a house! Paying an inflated price for some place to live is borderline insane. Paying a bank each month for the "American Dream" IS insane!
Still they continue to work and pay, work and pay. Let's not forget the taxes for the privilege of "owning" the mortgage. Oh one might say, "I'm not going to pay those damn taxes" Do it! Then wait for the letter stating the IRS will be seizing your "property" to pay the taxes you owe them! What a huge joke! You might enjoy pissing your money away on a mortgage. I don't. Been there, done that. Can't say I liked it.
Those that participate in the new car, I got a mortgage club commonly look down on those who live within their means and do without. I see it everyday through observations in public. The frown on the indebted is common too. Wouldn't you think they would be smiling and happy? Maybe they frown for other issues that override their joy of being in debt to "own" their jewelry or newer car, or maybe it's the child support or alimony owed to the ex? Divorce granted due to irreconcilable differences. I. E. "I want to use the credit card but you maxed them all out!" "I'm out of here!" Off you go to get your own debt to look glamorous out there at Starbucks in the morning! Hmmmm. After all this is said and done. The math is crystal clear. Those who earn a pay rate at or slightly below poverty might very well live a better life than those in deep debt paying for the "American Dream". Those who do without generally live a better quality of life. Here's the math: Time= Wealth= Happiness. On the other side of the street the math is like this: Debt= Slavery= Strife= Frustration= Poverty. I'll take the first example, thanks. The 1st example is simple to understand. If one lives within their means, you will need to work less to carry your own weight in this world. A work day of say 4 hours a day 3 days a week per person as a couple should easily be enough to get by and enjoy your TIME. Most of us work 40 or more hours a week every week in order to pay those bills. Imagine not having those bills. Add up what pay each month then each year for those cars, credit card payments, that mortgage (house). Now imagine not having that load on your shoulders.... Pretty attractive ehhh? Well maybe you are sickened by my rant. I call that a disease. Maybe you "want" to work all day everyday for the eventual layoff or hourly cutback you will receive. Oh wait I forgot the "retirement fund" you feed each week. Seen the bottom line lately? Sucker. Live within your means. Don't buy into the keeping up with the Jone's. Stop watching the TV's commercials. Ignore the mass media! Live your life! Run for you life while you still can!!!
I am frustrated. How is it that most everyone in the western world wallows in debt? For nothing more than material possessions. Behaving as though their apparent status is a reward for their hard work. Realistically their debt make them slaves to labor, perpetually. The gold adorning their fingers or maybe even around their necks. A diamond ring for the ladies out there. The grade of diamond most of them may never know! Peppered with imperfections! Bought with a credit card.
The cars or SUV's they lumber about in, to and from work or maybe the mall are mostly owed on or leased. Debt. The houses they brag that they own. Owning a mortgage is NOT owning a house! Paying an inflated price for some place to live is borderline insane. Paying a bank each month for the "American Dream" IS insane!
Still they continue to work and pay, work and pay. Let's not forget the taxes for the privilege of "owning" the mortgage. Oh one might say, "I'm not going to pay those damn taxes" Do it! Then wait for the letter stating the IRS will be seizing your "property" to pay the taxes you owe them! What a huge joke! You might enjoy pissing your money away on a mortgage. I don't. Been there, done that. Can't say I liked it.
Those that participate in the new car, I got a mortgage club commonly look down on those who live within their means and do without. I see it everyday through observations in public. The frown on the indebted is common too. Wouldn't you think they would be smiling and happy? Maybe they frown for other issues that override their joy of being in debt to "own" their jewelry or newer car, or maybe it's the child support or alimony owed to the ex? Divorce granted due to irreconcilable differences. I. E. "I want to use the credit card but you maxed them all out!" "I'm out of here!" Off you go to get your own debt to look glamorous out there at Starbucks in the morning! Hmmmm. After all this is said and done. The math is crystal clear. Those who earn a pay rate at or slightly below poverty might very well live a better life than those in deep debt paying for the "American Dream". Those who do without generally live a better quality of life. Here's the math: Time= Wealth= Happiness. On the other side of the street the math is like this: Debt= Slavery= Strife= Frustration= Poverty. I'll take the first example, thanks. The 1st example is simple to understand. If one lives within their means, you will need to work less to carry your own weight in this world. A work day of say 4 hours a day 3 days a week per person as a couple should easily be enough to get by and enjoy your TIME. Most of us work 40 or more hours a week every week in order to pay those bills. Imagine not having those bills. Add up what pay each month then each year for those cars, credit card payments, that mortgage (house). Now imagine not having that load on your shoulders.... Pretty attractive ehhh? Well maybe you are sickened by my rant. I call that a disease. Maybe you "want" to work all day everyday for the eventual layoff or hourly cutback you will receive. Oh wait I forgot the "retirement fund" you feed each week. Seen the bottom line lately? Sucker. Live within your means. Don't buy into the keeping up with the Jone's. Stop watching the TV's commercials. Ignore the mass media! Live your life! Run for you life while you still can!!!
