Unaverage Leadership

Not Much Money Left - part 2

As I stated, we have forgotten the simple life.  Everyone expects to have their own home instead of sharing a home with the extended family as we have done in the past.  Think of the waste of resources we allow by following this practice.  We also build houses where 25-50% of it is there for the one or two big events during the year - another waste.

We have come to expect others to make our meals instead of cooking our own.  We run to the grocery store instead of the garden.  We will drive a few blocks instead of walk - oh the sloths we have become! 

I also believe our society is moving to an entitlement mentality.  We expect to get it all - money, fun, the easy life without having to sacrifice.  We have forgotten that hard work, education, and serving others is the foundation of healthy society.

We need to take action to help ourselves - save first:spend later, overfeed the mind:not the belly, service to others:not selfish gain.

Flickr photo by Tracy O

Not Much Money Left

When I graduated from college in 1986 I received an offer from a credit card company allowing me to have a card with a $500 limit.  The logic was that since I was a college graduate I would be a good risk for credit and I could probably use a little extra cash to buy a suit and pay for travel expenses to find a job. 

I believe this was the beginning of an economy that was fed by credit and then over time by some of the last vestiges of wealth.  Millions of people racked up the credit line and started facing a cash crunch.  To take care of this millions of people accessed there home equity to pay bills and live the high life.  Today it is getting easier and easier to access your 401K accounts the last significant place where people have wealth.

Well folks when the 401K wealth has been depleted, I believe we are headed for some tough times.  We in the U.S. have been living at a standard like no other in the world.  We have forgotten the simple life.  More to come 

Flickr photo by Tracy O