Last weekend, we had some of the neighbors over and Generic Viagra online we were talking about the way some people act. One of my neighbors, who is a salesman, used to live in the new upscale part of town. He told us he was invited to a barbecue and Generic Cialis Online his neighbor had almost nothing to eat or drink for 20 guests. My other neighbor, who owns a landscaping company, told us he has customers with two or three multi-million dollar houses that have a Camry or an old Mercedes station wagon in the garage. We all agreed most of the truly wealthy people we knew were some of the nicest and Cheap Viagra Online least pretentious. Most of the people flaunting their money, complained about being broke whenever they got a bid or had some work done.
This is the fifth post in a series of Money Fails.
Money Fail: Broke on Thursday
Money Fail: Dead End Job
Money Fail: The Payment Mentality
Money Fail: Ignoring Unpaid Bills
Money Fail: Spending to Impress
Money Fail: Never Track Finances
Money Fail: Lenders of Last Resort
All Show and Propecia Online No Dough
A couple of years ago, I was sitting in Big O Tires, waiting for them to put some new tires on my wife’s Jeep. A doctor drove in with a new Mercedes and Viagra Online Canadian needed some tires. The reason I knew he was a doctor was because he made sure everyone in the waiting room knew he was Doctor so and Viagra Online so. Anyway, he tried to get some tires with their 90-Day Same as Cash, but his credit was declined. Honestly, I felt really bad for the guy. I’m sure he worked very hard and Cialis Online had a high income. He probably has a nice house to go with his new Mercedes, but he couldn’t afford tires. It left quite an impression on me.
Let’s face it; looking wealthy isn’t the same as being wealthy. It’s a lot easier to look successful than it is to actually become successful. To some people, image is everything. But, image doesn’t buy you much in the financial world. The irony is that some people spend themselves so heavily into debt to look successful, that financial security becomes almost impossible. Instead of living the dream life, they are living with the bills for the things they really couldn’t afford to buy.
Security is the Reward
Most of the wealthy people I know are more concerned with financial security than material possessions. Sure, they have nice cars and Buy Viagra Online houses, but it’s knowing they could live for many years without an income that makes them happy. I believe it’s one of the reasons they are so down-to-earth. They don’t have the stress and worry that people on the debt treadmill have. They aren’t worried about losing everything, because it would take a catastrophic event for that to happen. They have a surplus of income and they can enjoy most of the things that make them happy.
That’s my dream for the future. I don’t need to live like a rock-star, in a mansion. But, I do want to live without stress and worry. I want to be able to buy a car or take a vacation, without wondering how long it will take me to pay it off. I want to be able to wake up without an alarm clock and take a day off of work, without filling out a form. I don’t know how long it will take before I can live my dream. But, I do know I am getting closer each and every payday.
The Mountain of Wealth
One thing I have noticed about wealth is that it’s like pushing a heavy rock up over a mountain. It takes a lot of effort to push it up the front side, but then it starts to roll down the back side almost by itself. I still remember how long it took me to save my first $5,000. It took almost 4 years and it was painful saving that $100 every month. But, it seemed to go from $5,000 to $10,000 in the blink of an eye. Not only was I putting more money away, but the money I had already invested started to grow. Now, I save more every month than I used to save in a year. And, the interest I earn doubles that amount in a good year. The hardest part is getting started and having faith your savings will pay off. The easy part is when your principle starts to double a couple of times. That is when you know you are on your way.
The Bottom Line
The bottom line is that every dollar you spend on bling is a dollar you won’t have to power your future. And, every dollar you go into debt, takes a couple of dollars to dig back out. If you really want to impress the world, power up your investments, instead of your loans and credit cards. Buy the bling when you can afford it.
“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.”
Will Smith – Actor and Entertainer
Watson Inc. – Is Saving More Important than Investing?
Online Investing AI Blog – The One Thing That Buys Happiness
Life and My Finances – 5 Reasons why Immigrants are more Wealthy than You
This post was featured on the Carnival of Personal Finance over at Sustainable Personal Finance. If you aren’t familiar with the Carnival of Personal Finance, you need to check it out. It’s the toughest collection of financial articles west of the Pecos.