Mayhem, I agree with most of what you wrote. I googled her name and the NYT article appeared.
Seeing the picture of an overweight, middle-aged white woman with a cat surfing the net in a futile attempt to stay fed is...well, sad. Quite sad.
But it's true she bought a bill of goods when she shouldn't have known better. She doesn't exactly look like the MBA type and $92,000 for an IONA degree is a joke.
While she was making $52,000 per year she should have been saving money, and while in her 4th or 5th or maybe....10th week of Unemployment, she should've taken a lower paying position. One can't claim nobody's hiring; there are ads on craigslist and elsewhere!!!
Basically she made some terrible choices, and others are making these choices as well.
At the heart of our society is the FALSEHOOD that happiness and success comes from CONSUMPTION. I do well enough and I *hate* buying things (ask my g/f
) because I know capital is to SAVE, INVEST and maybe create jobs with (currently I enjoy being a one-man operation!).
Americans are a sad bunch because they don't acknowledge & practice two principles:
#1: Cash flow is king. ($$$ going out; $$$ going in)
#2: 90% of your income BEYOND your normal living expenses should be saved and invested.
I hope every American young enough to benefit from this advice heeds it.
Thanks for the interesting post.
--The Chicago CTA
Seeing the picture of an overweight, middle-aged white woman with a cat surfing the net in a futile attempt to stay fed is...well, sad. Quite sad.
But it's true she bought a bill of goods when she shouldn't have known better. She doesn't exactly look like the MBA type and $92,000 for an IONA degree is a joke.
While she was making $52,000 per year she should have been saving money, and while in her 4th or 5th or maybe....10th week of Unemployment, she should've taken a lower paying position. One can't claim nobody's hiring; there are ads on craigslist and elsewhere!!!
Basically she made some terrible choices, and others are making these choices as well.
At the heart of our society is the FALSEHOOD that happiness and success comes from CONSUMPTION. I do well enough and I *hate* buying things (ask my g/f
) because I know capital is to SAVE, INVEST and maybe create jobs with (currently I enjoy being a one-man operation!).Americans are a sad bunch because they don't acknowledge & practice two principles:
#1: Cash flow is king. ($$$ going out; $$$ going in)
#2: 90% of your income BEYOND your normal living expenses should be saved and invested.
I hope every American young enough to benefit from this advice heeds it.
Thanks for the interesting post.
--The Chicago CTA
:eek: 
