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September 13, 2008, 12:46 pm PDT
I think you are very much on target...
Quote From: ravenmom1While I do not know the specifics of this family, I do know that a huge part of the financial crisis this country is now facing is merely a society of 'living beyond' our means. We also live in a time of "I want it and I want it NOW"!! This must stop... I know my parents did not go and extend themselves financially to a point that they would be 1 paycheck from being broke. It is NOT what you earn that is important... it is what you SAVE that makes the difference. Why do people just feel to have bigger and better. They drown themselves in debt and then look around for the government to bail them out. Why not try living within the means of your salary and being happy with what you have?? Nice, new things (houses, cars, boats, etc.) may give you instant joy but that joy will dim and you will want the next new thing..... I am not saying that is EVERYONE in this situation, but it is the majority. Of course, this is just my opinion.... You are very much on target. Alot of people are in debt due to poor decsion making and frivolous spending. As you put it, people want something and have to have it that minute...whether or not they can actually afford it is another story. I don't feel sorry for people like this when they fail which they inevitably do. I do not buy anything that I wouldn't have the money in the bank to cover when the bills come rolling in. I learned to sacrifice and save money in my earlier years and that is why I can now enjoy (and afford) some luxuries. So excuse me if I just can't feel sorry for the materialistic brats on the show who got themselves in trouble because they needed instant gratification, and are so immature that they can't sacrifice or save. What I'd like to know is whether it is going to cost me some of my hard-earned money to bail losers like this out.
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