I am a bit agitated right now. Well, maybe agitated isn’t the right word. I think disappointed is better.
I just read an article over at Yahoo! entitled, “10 Tips to Help You Save $1,000 By Christmas.” Oh boy, I have so many opinions.
This is what really annoys me…the holidays that is. For some reason, there are those of us out there who think that buying gifts for people and spending all sorts of money over the holidays is simply a necessity. I have two really quick principles for this topic:
1. If you need to save for Christmas, you can’t afford it.
2. If you can’t afford it, Christmas is cancelled.
It’s so easy. People just don’t get it.
My better half and I haven’t exchanged gifts in years and we are still the same old people. We are here, just like everyone else. The sky hasn’t fallen. We haven’t used the money we saved to buy other junk either. While I can’t give you an exact number, I bet it’s a nice chunk now. It’s for retirement.
Basically, the article gave people 10 ways to save $1000 by Christmas. The article didn’t explicitly say that the $1000 should be spent over the holidays, but that’s pretty much a given. The tips are real gems too. For example, tip #1 is “Lower your cell phone bill. Potential savings: $100.” Ok, if you are scraping to save $1000 by Christmas, you can’t afford a cell phone. Get rid of it. People have been living for thousands of years without cell phones, now it’s your turn. Have you seen cell phone bills lately? People are getting welfare checks, but still somehow find ways to have a cell phone. It amazes me. There are now ten year olds out there with cell phones. There are family plans…that’s right…family plans. Like your kids need cell phones? The rest of the tips were targeted at the same audience. You can only imagine.
Now, I know I’m not alone here. You’ve seen the same kind of silliness too. People who blow money on the worst things and then are forced to save for stuff they still don’t need.
Here, let me throw another one out there. Tip #3 is “Staycation instead of vacation. Potential savings: $1,000+.” People need to be told this? Did you know that Peter Lynch, the famous Wall Street stock investor who is totally loaded, didn’t take a vacation for years and years and years when he was working as a fund manager. Now, if this rich dude was too busy working and not taking vacations, what in the world are people who need to save up a grand for Christmas doing taking vacations?
I guess my point is to act as if you have zero dollars. You have no money. Zilch. Then, after paying the bare bones necessities, put all the money you make into savings. That’s how you save. It’s called hard work and no fun. It’s called survival. It’s called eating real food instead of cat food after you retire. You might laugh, but I have a whole bunch of friends right now in their 30s with not one dime saved for retirement. I don’t know where they think this stuff is going to come from, but they are surely in for a rude awakening.
It takes muscle to save money, real muscle.
Maybe it’s not people who annoy me. Maybe it’s ridiculous articles like this one that suggest that it’s just okay to spend money like it’s nothing. Keep spending and spending on little things and never notice that it’s draining the ol’ bank account. You know, perhaps I would have preferred an article with the title, “Without Sacrifice, One Never Gets Anywhere.” Gee, that might make too much sense.
I don’t know what the problem is out there. It’s like no one wants to upset anyone. I preach this stuff to my broke friends all the time and their response is, “Yeah, but you need to live too.” I tell them, “Yeah, you do need to live, but you need money to do that. The problem is, you have none.” They don’t listen to a thing I say. Years have gone by since I started getting on their backs about this stuff. Years. Nothing has changed. It’s going to really suck working when they are 80.
I guess it’s up to the individual to follow the advice of Yahoo!. I just wish the advice was a little tougher and that it told people to grow up and get with the program. Stop tip-toeing around this stuff already.
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