|
September 15, 2008, 4:16 pm PDT
right on!
Quote From: shoreladyThis show should have been entitled "Surviving the Financial Crises caused by one's own Greed, Stupidity and Selfishness". How appropriate that this showed aired today when the stock market fell 500. Those of us who saved and planned for our financial future have now been forced to worry about what tomorrow will bring because others have chosen to live "in the moment" with no thought about tomorrow.
Surprise!!! The moment is over, and reality is now setting in. I was particularly incensed by the young couple, who although were college educated and supposedly intelligent, weren't smart enough to have the wife work and the husband get another or second job. Am I supposed to feel sorry for them? You realize that all people like them want sympathy and to be bailed out by those of us who obviously had more sense.
Of course there are uncontrollable situations, extenuating circumstances and hardships that occur due to no one's fault, but to have these families on the show boo-hooing about their financial difficulties caused by nothing but their own stupidity is absurd and ludicrous. My sympathy and pity extends only to those who have lived modestly within their means and now face uncertain futures because of the idiocy of others.
I, too, watched as the market took a huge hit due to the mortgage industry that the first two guests used to work in! They made their money from that greedy, shady, industry and now want to whine. I do think they can start over if that guy listens to his wife. She is the one trying to put decent food on the table and he is still buying lattes and telling her to stay home. He still doesn't get it.
The second couple seem to be outright lying. Shredding documents. $6000 to keep up the home every month. What? Everything was glossed over far too quickly, and it was obvious they weren't really working with the new "expert".
As for the advice today, one of the myths was a "fixed income" and Dr. Phil was treating that term the same as a salary. Someone correct me, but I always considered a fixed income to be a pension or disability payment where a person was unable to work more or change jobs. Just asking!
|
