I don’t understand how some people go through life, scrimping and saving all their money, just to horde it away. I know that you need to save money in order to buy the things that you need and want, but this is hording one’s money beyond their needs and wants; after they have all their necessities of life, like a roof over one’s head, food in the belly and clothes to keep warm. These people horde their money to a point that even the necessities of life are usually scavenged from the streets or bought during liquidation. Such people usually acquire some wealth, but never enjoy their hard earned dollar in their life time, except maybe to watch it accumulate.
Thirty years ago I remember reading an article in the local newspaper about a hobo that was found dead in the park. He had a bank passbook in his possession with around one hundred thousand dollars. In those days one hundred thousand dollars was a lot of money, you could have bought a house for around twenty thousand back then! …….. WHY! You can’t take it to the grave! Do they think that the people who end up with the money will appreciate how hard they have scrimped and saved? NO…… they are going to party with their win fall, or the government will take it.
Sadly, I have such people within my family; They are in their twilight years and they still haven’t learnt their lesson about money.
And for those of you who don’t know the lesson of money, I have attached an Irish explanation on finance that has been traversing the internet, in the way of Friday funnies for your amusement and education!
As Oprah would say, ‘Live your Best Life’! Enjoy!
“Bailout Package – Irish Explanation
It is a slow day in a damp little Irish town. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the town, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.
The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer.
The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.
The guy at the Farmers’ Co-op takes the €100 note and runs to pay his drinks bill at the pub.
The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him “services” on credit.
The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveler will not suspect anything.
At that moment the traveler comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town. No one produced anything. No one earned anything.
However, the whole town is now out of debt and looking to the future with a lot more optimism.
And that, Ladies & Gentlemen, is how the bailout package works.”
Until next time,
Laugh, Love & Live!