TOP COMMENTS FROM VIDEO BELOW
Hit the nail on the head Buddy! We choose to over extend ourselves. Time to get back to actual conservatism!
I’ve had that sign hanging in my kitchen for years! “Use it up, wear it out, make it do, or do without.”. I live by that!
When I was a kid, my aunt had one of those metal holders (Trivet),for the kitchen table. I never forgot it:
“Good food, good meat. God God, let’s eat”.
A golden rule: Live with in your means! Now just imagine if “we the people” were more careful in “electing our leaders” who would also run our Government within its mean, there would be no deficit!
True. If our government lived within its means, there would be no deficit. Our deficit is $38 trillion. Our government can’t even stop the deficit from rising, although President Trump has slowed it. It really ballooned under Traitor Joe’s regime.
I started saving $10 a month, from my pay. Good habit. Retired with a nest egg, that put me in the top 2%. Young folks, you can do it too.
PA grandparents lived/worked a dairy farm thru’ Depression. Took in parents, who raised laying hens (for eggs) & veggies for local inns/ restaurants. Betw generations in one home, they made good business, raised 4 kids (my mom) thru’ Depression (she had a car & a charge card at a local dress shop). My Dad didn’t grow up as well-provided. His parents lived on tenant plots, his dad worked in town. They grew their own & kept a cow, but life was not as good. They never bought their own land. ‘Til the day he died Dad claimed my mother never “knew there was” Depression” b/c she did not grow up worried abt food or fuel or belongings (to be sure…they “made do, did w/o many things, recycled, repurposed, provided for their own food, or did without where needed.) My childhood was filled w/the joy/love/abundance of what my parents/ grandparents/great-grandparents provided me after they lived thru’ WWI, Depression, & WWII. I never knew want, but they also taught me their ways. We lived simply but FELT rich & provisioned. I live today w/an embarrassment of riches I’ve earned w/multiple degrees & an earning power I never expected, even in recent retirement. I still recycle, repurpose, save, keep laying hens, plant my own garden (in a desert!), dry or preserve some of my own food, practice fiscal restraint. If I was asked for advice, I’d pass along what my (agricultural economics degreed dad) told me: protect what you have in whatever way you can (thus preserving, restraint, conservation, repurposing ….)before you invest in what “might be.” To that end, I bought into things that paid me back if I did not access them during my buy-in….so I was “covered” for the duration by their product should I have needed it, but am paid back all dollars not used: Sizable one-time payback bonus upon retirement…the other acct = over the next 9 yrs (interest bearing) from an employer program that banked dollar for dollar anything I did “extra duty.” This one pays me a huge bonus amt monthly for the next 9 yrs., as I’ve set it up. I am not “rich” but can pay my taxes in a high tax state so I can stay near my kids/only grandchild and I make more in retirement than I did while working, so I’m good.