Today, I am touching a subject which is to everyone’s heart. Money! (Or the lack of it!)
Granted, today we live in a consumer-centric society, and that the onus is to contribute more to the coffers of capitalism, but sometimes there are times when one has simply to stop and take stock of a situation that ultimately, threatens to run away with him.
I am of course, talking about the spending which occurs from the end of November to the end of December. Starting from the Black Friday deals all around the world, right up to the Christmas holidays and the New Year celebrations, people from all walks of life splash out on far more money than they have accumulated over the same period.
And let’s face it… some of the things on your wishlist suddenly become far more affordable than they could ever be. When is the best time to splash out if not on Black Friday? It’s true. I have fallen into the trap more than once myself. As an ardent gamer, I cannot resist really good deals. It’s inherent in all of us.
But are we really saving money? Is that gadget, service, whatever, really important to you? Will this purchase relieve you of a pressing desire or need? And most of all can we afford to buy this item instead of, say, food? Or clothing? Education even?
This goes on right through the Christmas season when it is customary for families to relax their grip on the kitty. Mothers and Fathers look on these occasions as the time of the year when it’s the ‘Time to be jolly, and forget the woes of a hard year.’
I tend to disagree. Many families splash out on expensive gifts, outings, meals with friends, using the same money they have worked so hard to put aside. While nothing illegal, it is totally illogical. You spend months slaving to save money only to splash it out on gifts which will (in my opinion) never make it past the first week of January?
This is nothing but madness. I am not adding to the mix something else entirely. People borrowing money via ‘soft loans’ on their credit cards. Money which has an insane interest on it, and where the minimum payment will not even scratch the surface.
It is quite common here in our country to talk to people who admit to having two debit cards each. Since it is laughably way to buy stuff online (you never SEE the money go out), we see families burdened with a ‘soft loan’ of around three thousand euros with little chance of paying it out completely.
So yeah, I could be called a grinch, but we are losing our ability to think clearly and realize that this constant bombardment of advertising is pushing us to limits that we will finally admit to have passed so many years back.
As an inquisitive person, I also nosed around to see what colleagues think about saving. Sadly, very little do any saving at all. And it’s not only because of the miserly pittance that passes as wages here, but also because we have lost the capability to do so.
Everybody wants a new car, a new computer, a new hair-do every week, nail technicians, gym memberships, a new mobile every year… but can we really afford them?
We are living beyond our means. WAY beyond it.
I cannot accept that. I cannot live in peace, laying my head on the pillow every night knowing that if the shit hits the fan, I cannot provide.
Sure, I spend money like everybody else, but at least, and this is thanks to a priceless lesson from a colleague at work, I first put away an amount of money from my salary for a rainy day, THEN a smaller amount for us to enjoy. After all, life is not all about work and saving. It’s about having the financial capability to make it through when the going gets tough, but also living comfortably.
And utilizing micro-management (for which an article will appear tomorrow), we are not only living better, we are also saving money easily. EASILY.
Live long and prosper.