the world of gayeMAYBE IT HAPPENED JUST IN TIME
April 22nd 2009 12:12
Global Financial Crisis, Recession, Credit Crunch........It's all we hear and see lately. But after looking around at myself, at family and friends and the way business and banks are run, I started to really think that maybe it is a very timely message to us all.
I have a beautiful young 24 year old in my life who is a really good person, but I found out she is $40,000.00 in debt. All she has to show for her money is a car and great clothes. Now to some this might not seem like such a big debt, but to a 24 year old it is a fortune. How many others owe so much money that they will be middle aged before it is paid off? I was told she is one of many in this much debt, they don't own property, they haven't travelled, but they have a house full of designer label clothes and new appliances.
Why do we need the biggest TV, the best computers, the most expensive makeup and clothes? Our greed, vanity, and loss of basic values have led us into this mess I believe.
With the help of advertising, corporations becoming social gods, and banks ripping people off for every cent they can while feeding their gluttonous appetites with our money, we have blindly headed down the path to disaster.
Instead of people being content with a normal family sized home people started building two storey mini mansions that they couldn't afford and didn't need. Instead of having a reliable car that gets you to where you need to go, a lot of people just had to have a new car, instead of telling a child they are too young to have a mobile phone, an Ipod, a computer of their own and designer clothes, we gave it all to them. Why would they not think that money was an endless pit?
Society has become like a diseased heart, we have overfed it and now it is displaying the symptoms of disease. If we want to heal it we really need to change. I think in a funny kind of a way Susan Boyle has taught us all another lesson. Even though she has nothing to with the financial crisis, I think she has everything to do with how superficial we have become. For years we have held empty vessels full of vanity like Paris Hilton up as examples to our children, when she had nothing to offer. Young people became preoccupied with the exterior and not the soul.
We have been heading in the wrong direction for years and if the situation isn't a wake up call then I don't know what is. I think the banks and the big businessmen have a lot to answer for, in fact I think they are disgusting but we don't have to follow their lead.
I will watch my normal size TV tonight while sitting in my average size home, and on payday buy what I can afford. I don't need to be a supermodel or wear designer labels and I will wait for the crisis to pass, and it will pass eventually. Hopefully we come out the other side much better people.
I have a beautiful young 24 year old in my life who is a really good person, but I found out she is $40,000.00 in debt. All she has to show for her money is a car and great clothes. Now to some this might not seem like such a big debt, but to a 24 year old it is a fortune. How many others owe so much money that they will be middle aged before it is paid off? I was told she is one of many in this much debt, they don't own property, they haven't travelled, but they have a house full of designer label clothes and new appliances.
With the help of advertising, corporations becoming social gods, and banks ripping people off for every cent they can while feeding their gluttonous appetites with our money, we have blindly headed down the path to disaster.
Instead of people being content with a normal family sized home people started building two storey mini mansions that they couldn't afford and didn't need. Instead of having a reliable car that gets you to where you need to go, a lot of people just had to have a new car, instead of telling a child they are too young to have a mobile phone, an Ipod, a computer of their own and designer clothes, we gave it all to them. Why would they not think that money was an endless pit?
Society has become like a diseased heart, we have overfed it and now it is displaying the symptoms of disease. If we want to heal it we really need to change. I think in a funny kind of a way Susan Boyle has taught us all another lesson. Even though she has nothing to with the financial crisis, I think she has everything to do with how superficial we have become. For years we have held empty vessels full of vanity like Paris Hilton up as examples to our children, when she had nothing to offer. Young people became preoccupied with the exterior and not the soul.
We have been heading in the wrong direction for years and if the situation isn't a wake up call then I don't know what is. I think the banks and the big businessmen have a lot to answer for, in fact I think they are disgusting but we don't have to follow their lead.
I will watch my normal size TV tonight while sitting in my average size home, and on payday buy what I can afford. I don't need to be a supermodel or wear designer labels and I will wait for the crisis to pass, and it will pass eventually. Hopefully we come out the other side much better people.
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Comment by Mistersmith
MRS SMITH
READ THIS
SISTERS IN CRIME
Now that's a great line.
I enjoy reading your posts. You've mastered the art of the conversational tone.
Mrs Smith
Comment by the world of gaye
batty
Family Madness
bright lights greedy city
REFLECTIONS
THE WINDMILLS OF MY MIND
I have a hard time shutting up LOL
Comment by moonglow
A Lot of Scrap
Paranormal Paranormal
Teacup Tales
Rubber Ball
In Zoo
I have to admit, it is hard to tell my daughter no when she wants something. She currently wants a playground that costs $600.00. And, I am trying to figure out a way to get it for her. (No, the money won't be borrowed, etc. If I can't do it cash, it won't be bought).
Comment by Morgan Bell
Science News
Deep Pencil
Business News
Movie Train
Artist Quirk
ive always found it really frustrating that Paris has so much money and never does anything useful with it, whether it be bettering herself, or helping the underpriviledged or abused, or starting a business to spread the wealth . . . i know she had the fashion lines and perfumes etc, but i think its a drop in the water to what she could be doing
also, credit these days is so easy to get, i had five credit cards and lost my job due to illness (injury) and suddenly there was this extra $30K at my disposal
i know people need to have personal responsibility, but sometimes people in financial hardship dont think straight
Comment by Someone
Evil Pleasures
Random Musings on Life, Love and Everything
Let's Get Down To Business
Jeez, and I thought being 5k in debt at 22 was bad.
Comment by the world of gaye
batty
Family Madness
bright lights greedy city
REFLECTIONS
THE WINDMILLS OF MY MIND
And MOONGLOW
I am not clever with money at all, in fact I have always been a bit of a disaster, but I am not one for having to have everything that everyone else has. I like to laugh a lot and I like my family to be healthy, these are the things that matter.
Comment by samaritan
Fringe Faith
Samaritan's Stories
I get my best financial advice from the lady next door who's 90. I think the older generation have a lot to teach us about money.
Samaritan
Comment by the world of gaye
batty
Family Madness
bright lights greedy city
REFLECTIONS
THE WINDMILLS OF MY MIND