Understanding "wants" verses "needs" is the foundation to both
happiness and financial security. Another factor is shopping as a from of
"entertainment"... the more you shop, the more you buy, the less money
you have left. With government stealing more and more from the fewer and fewer
who work it is becoming vitally important that we minimize spending to only
those things we really need. But beware, the Democrats have an eye on your
savings as well as your earnings. There will never be enough tax income to
satisfy the liberals who feed on our efforts. Balancing all these factors will
make then next couple of decades the most difficult since the Great Depression.
At least then, the money was worth something if you had it.
If your outgo exceeds your income, your upkeep will prove your downfall.
My parents were slightly below average income folks most of my dad's adult
working life.My dad's dad was a multi-millionaire back in the
70's and 80's (and that's saying something for back then, when a
million dollars could buy a ton of stuff).He told my dad that our
below-average income lifestyle was probably the BEST thing for my mom and dad in
raising 7 happy, responsible kids.Sometimes I let myself get hooked
into dreams of an immaculate home and other things but I'm grateful for how
the education my mom and dad gave me to value a buck. 25 years after buying my
first car (a used 1988 Ford Festiva) I'm still driving that same car.
I think that the first step is to realize and admit that I have a Dis-ease, in
recovering. I regret that my kids grew up having every thing they wanted. What
chance will they have they don't even know that there is a Dis-ease. They
all make OK money and spend every cent, and then some.
Every thing is contagious. When I was a Kid I saw the stuff I wanted and could
never have. So when I became a dad I wanted my kids to have what I
couldn't. My kids are grown and still get every thing they want. I got into
doing the same. It has to be a matter of life or death for any one to change,
only something like 98% won't ever change. I'm trying to ingrain,
reprogram my mind but the yearns and erks of not getting what I want NOW is
nerve shattering. One day at a time. I made it through another day with out
going out and buying.