#244: Black Friday savings

Black Friday has come and gone, which means I am probably too late to remind you that it is not your responsibility to boost the economy. Your responsibility is to spend less than you earn. If you don’t, you go broke.

I have asked this question before, but it’s worth repeating. How does one go broke?

According to a character in Ernest Hemingway’s “The Sun Also Rises” the answer is “gradually, and then suddenly.”

It sneaks up gradually then suddenly.

A better question would be, ‘why did you go broke?’. Again, there is only one accurate answer: I kept on spending more than I earned.

There is no magic to it what so ever. Whether a company or an individual, if you spend more than you make, you go broke.

During this period of frantic shopping it is worth remembering what your real economic responsibility is. It’s called saving. Time was when we admired that.



I’m JamesMcIntosh@nonsenseatwork.com

Copyright: 2008 James Henry McIntosh

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