Wednesday, February 6, 2008

Americans Start to Pay as they Go

Americans Start to pay as they go like they did during the Great Depression

I was just reading an article at the New York Times website that is called:

Economy Fitful, Americans Start to Pay as They Go

My father told me as he was growing up his father's statement about surviving the Great Depression was, "Don't Buy a God Damned thing!" and he meant it.

It was how people around the world survive hard times. Don't buy anything on credit and don't buy beyond your means. If you didn't make it this month then you can't spend it and stay financially solvent. It is as simple as that. Is this fun! No! But if one doesn't do this in this financial climate one could very easily become the one with the cardboard sign at the side of the road begging for food or work!

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