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April 25, 2016
Americans don’t like to buy stuff anymore – and that’s a problem
As an American saver by nature, I still like to buy stuff. I just choose not to do it if I think it might jeopardize my future free time. You see, I love free time more than I like to buy stuff. Wow, I sound like a crazy homeless person.
So what's everyone else using as an excuse?
The weakest spending categories are food, clothing, footwear, recreation, and financial services.
Homeless people need to get with the program! We can't all value free time over stuff or this economy will collapse. Fine dining! See a few movies! Do some bowling! Buy a yacht! Dress nicer! Just borrow the money if you need to! And always remember...
No Shirt, No Shoes, No Financial Services!
Give a hoot. Only you can prevent FIRE economy disasters.
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
8 hours ago
3 comments:
Three Simple Steps to Economic Paradise
1. Buy a shirt.
2. Buy shoes.
3. Buy some financial services.
I know this to be true. I heard it on The Street.
I can't buy anything. I have to pay property taxes on two places. Fortunately, I don't live in Oregon and I telecommute. They have to give me back all the money they took out in taxes, except some for the days I drive in to work. I drove in once last year.
If I didn't have to pay property taxes, I could spend this all on something more fun. But I don't pay property taxes, I'll be homeless too. It's a tough decision.
Teri,
The article says you don't like to buy anything. You are telling me that you would like to buy but can't? What? Are you suggesting the article is wrong?
It must be true though! I read it in the news!
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