ViRedd
New Member
Tough financial times are always accompanied with suicides, murder suicides ... and these mass murders. Why is that?
I believe the root cause is the American "ideal" of "more is better" and the loss of true values. When one's ego is totally wrapped up in one's money making ability and the amassing of "things," mental illness is sure to follow when the money and "things" are taken away.
Its time to get back to what is really important. Things like family, honesty and truth should prevail. The concept of "less is more" shouldn't be a concept that one finally learns later on in life, but one that should be strived for from the time one starts working for a living.
If I were advising my grandsons ... and I have, this is what I'd tell them:
1. Always live below your means. Don't worry about what other's have ... or what they think about what you have.
2. Don't become a credit slave. Use a debit card and not a credit card.
3. Invest at least 10% of your earnings in a compound interest-bearing account.
4. Do not steal from your neighbors either directly, or with government's help.
5. Avoid being a renter ... buy real estate.
6. Buy good quality used cars; low mileage, four+ years old.
7. Get an education ... and that means a four-year degree or more.
8. Establish a great work ethic.
9. Play hard ... work hard.
10. Take care of your Grandpa.
Other posters ... feel free to add your own advise.
Vi
I believe the root cause is the American "ideal" of "more is better" and the loss of true values. When one's ego is totally wrapped up in one's money making ability and the amassing of "things," mental illness is sure to follow when the money and "things" are taken away.
Its time to get back to what is really important. Things like family, honesty and truth should prevail. The concept of "less is more" shouldn't be a concept that one finally learns later on in life, but one that should be strived for from the time one starts working for a living.
If I were advising my grandsons ... and I have, this is what I'd tell them:
1. Always live below your means. Don't worry about what other's have ... or what they think about what you have.
2. Don't become a credit slave. Use a debit card and not a credit card.
3. Invest at least 10% of your earnings in a compound interest-bearing account.
4. Do not steal from your neighbors either directly, or with government's help.
5. Avoid being a renter ... buy real estate.
6. Buy good quality used cars; low mileage, four+ years old.
7. Get an education ... and that means a four-year degree or more.
8. Establish a great work ethic.
9. Play hard ... work hard.
10. Take care of your Grandpa.
Other posters ... feel free to add your own advise.
Vi