I used to be humiliated by the fact that I am trashy, now I embrace it.
At first it was hard taking everyones "hey we don't need or use this anymore, want it?", or "We got a new better _________ do you want our old one". Dental school gave me the reality that if we didn't get it free, second hand or by way of a Christmas gift . .we just didn't. Looking back I think we are so awesome for not needing cell phones, cable, vacuum (1st year of dental school), crib (Benson got our 1st that was not held together with duct tape]), play station, dinners out, babysitters, gym passes, high speed internet, HD tv, cordless phone, or real furniture. Now that we are out of dental school we can breathe but still live the same lifestyle but with a few upgrades.
When we first moved to Carlsbad we found it amazing that weekend mornings you could drive around and get all sorts of free good stuff. For example our desk, a globe that opened to hold 4 bottles, martinellies- of course, 4 night stands, king size head board, 2 dressers, 2 file cabinets, wingback chair, play station 2, just my size wet suit, complete series of Bourne, Lord of the rings and star wars books, purses for Madisen, and thats just the good stuff. These items of trash to those around us were better replacements or completely new for us. Basically the wedding tradition of something used, barrowed, blue, new and old, is our motto minus something new.
Full tank, great grill $28 you move it yours desk
I was driving (the speed limit) on Saturday listening to financial talk radio. I learned that the average American spends $1.22 for every dollar they earn. In the 80s we saved 12 percent of our income, now we are down to saving -1% of our income. So from my limited math skills I gather we are setting ourselves up for financial prison and doom while making bankers and salesman fat. We give everyone around us our money, plus, keep nothing for ourselves or savings. Humph? Where did the breakdown in rationale and logic come from? I was taught that you do not buy what you cant afford, If you want a big something you SAVE UP, then buy it.
I am convinced the devil concocted the buy now pay later, and 0% down for a year then bam your couch is at 25% interest. My question is why in the sam hill do so many Americans fall for it. Was I in the minority of children taught an understanding that if you spend 22 cents more then you earn, . .your in debt 22 cents?!?
I can not say my knowledge of dollars and cents has really gotten us any where. Thanks to out of state tuition we are pretty much in a gigantic financial prison. Which brings us back to why we are still trashy and fine with that. We absolutely could go to Costco and buy their leather sofa (special introductory offer, blah blah scheme). But we know we would just delay paying off our student loans and their steadily growing interest by that much more. I am sure we could 'qualify' for a luxury car. However not until 4 years of out of state grad school are pad off could we ever realistically 'afford' a new car. And even then, I d have to save up and buy it not rent from a bank or a dealership.
we paid allot of money for this experience
This post is not meant to boast of my wonderful financial superiority, because frankly I am likely the most in debt of any out there. All I really refer to is the basics of living without luxuries, until our homes are really in order. Our society seems wrecklessly irresponsible with their own money, taking themselves farther and farther into debt. For what?, 4 wheelers, luxury cars, time shares, boats, what? Really what is so important to buy on credit, that you would risk your freedom, your financial freedom and stability for?!? I am hoping that the next craze will not be to have 'things', but to seek and obtain fiscal freedom.
Does anyone else wonder why or how American's can hypocritically point fingers at our fiscally irresponsible government. Our government is led by Americans; Americans that spend their own money at an average of 22 cents more per dollar then they earn. Why would they change that at work? How do people rationalize purchases they cant, and will possibly never be able to afford? What happened to saving money? "A penny saved is a penny earned" wasn't that said by an American? The short guy with beady glasses and a kite was on to something . . .and not just light. (my wife was referring to how even though Thomas Edison invented electic light, the short guy with the bifocals( Ben Franklin, of course) and a kite was on to electricity first, this he didnt invent light, but was just "on to "it, meaning making us closer to the invention. I know most of you are educated and understood what she was referring to, I just didnt want there to be any confusion)