Thoughtless Society

It is amazing to me just how many humans do not bother to think about their actions prior to putting them into motion.  It appears that most of society have their brains on auto-pilot and take in whatever they are told. Then when it all falls apart everyone runs to find someone else to blame.

When it comes to your finances why would you trust someone else to advise you on what to do.  How many of those people go with you to work each day and help you earn the money that you so easily turn over to them.  How easily we are swayed to make purchases and hand over our hard-earned money to someone else. Most never ask questions and if they do they are questions that could have easily been answered with a little thinking. It is just easier to hand over the responsibility to someone else. Once again, so that when it falls apart the blame can be placed on someone else.

Do you really think that Bernie Madoff  would be where he is today if people had not been so stupid as to trust their money to someone else. It was greed that gave Madoff such a wonderful lifestyle. I do not think that Bernie was completely to blame. It was greed on both the investors and him that created such a mess.

The government is releasing data daily that shows the unemployment rate is coming down and we are under way to a recession recovery. Have you taken time to think about that statement. I doubt it.  During The Great Depression unemployment was tracked by anyone who did not have a job, unless they were retired. Period. If you were not working, you were unemployed and counted as such. Today, we base unemployment rates on the number of people claiming unemployment benefits. Those benefits are now running out and fewer people are collecting. Hence, giving the government the data that says unemployment rates are dropping. In reality, they are still the same or worse.

The same thoughtlessness applies to the stock market. We invest money based on data that is released by the media and so-called experts and most do it with little research of their own. I am not suggesting that you hide all your money in the backyard or under the mattress. I am merely suggesting that you realize how hard you work for your money and think a little more before you fall into the money pit of the “greedy”.  Most of us have our money in a federally insured bank and feel that it is all safe.  However, it is only insured up to a certain amount, and with the government being in debt way over what we possibly imagine, how “insured” do you really believe it is.

We should take the time to think about our financial actions prior to putting them into motion. It is your money and you should guard it. Whether your money was given to you or you earn it, the bottom line is that someone worked hard for it. Don’t give it away haphazardly. Be frugal with it and you can still live fabulously.