Dreams of Financial Grandeur and the Harsh Realities of Spending

It's alright to have dreams of great, financial success, of wealth, of scenic vistas outside your window, but it's even better to set initial achievable goals and work your way towards your financial dreams, in case a little snow falls, obscuring your vision. It's far too easy to get caught up in the media's portrayal of how we should live. People who do marketing are paid to convince you to buy things. I know that this is so obvious I shouldn't have to say it. And yet, credit card debt is at an all time high. The number of personal bankruptcies (compared to the corporate type) is increasing.

Marketers cannot always care whether or not their target buyers can afford to purchase or not, else they'd never convince most people to spend their hard-earned money. So you have to care for yourself. A few dollars not spent now, saved away in a safe money-market fund or high-interest-bearing savings account will pay off later. It's much more satisfactory, in the short term, to spend the money now, and I'm guilty of it as well. But find your own motivation for saving that money, and it will reward you later.

(c) Copyright 2005-present, Raj Kumar Dash, http://smackeroonies.blogspot.com