"When in a hole, stop digging" - an old adage
Most of us have heard the saying, "Majority of people are living paycheck to paycheck". In previous posts I have pointed out that reality. But something has changed.
I recently observed a figure in USAToday that made my eyes go wide open. The figure claimed that 33% of Americans live from week to week.
Wow! This is worse than paycheck to paycheck which for most people is at least every two weeks.
If this is the way most people are living then why the craziness over Christmas shopping? In my humble opinion people are just digging a bigger hole. If you can not at the end of this month pay off all of your credit purchases then you are simply digging a bigger hole.
I do not want today's and yesterday's posts to seem like a judgement. I am sure you are your own harshest critic. You are an adult and entitled to make your own choices. I just want to point out a couple of things that I find difficult to understand.
Today's question is:
"Are you digging or filling your hole?"
Most of us have heard the saying, "Majority of people are living paycheck to paycheck". In previous posts I have pointed out that reality. But something has changed.
I recently observed a figure in USAToday that made my eyes go wide open. The figure claimed that 33% of Americans live from week to week.
Wow! This is worse than paycheck to paycheck which for most people is at least every two weeks.
If this is the way most people are living then why the craziness over Christmas shopping? In my humble opinion people are just digging a bigger hole. If you can not at the end of this month pay off all of your credit purchases then you are simply digging a bigger hole.
I do not want today's and yesterday's posts to seem like a judgement. I am sure you are your own harshest critic. You are an adult and entitled to make your own choices. I just want to point out a couple of things that I find difficult to understand.
Today's question is:
"Are you digging or filling your hole?"
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