Sunday, June 14, 2009

Giving Away Our Money To Make Others Richer

Why is it that the majority of people in the U.S. are left with very little or no money at all at the end of every month? Is it the amount they make? Is it because they have one dependent too many? Or is it simply that they don't or cannot cook or prepare food at home?




The answer to these questions is no. There are people who make thousands upon thousands of dollars a year, people with zero dependents, and people that only eat home-cooked meals that are all in the same boat when it comes to their finances. There are also those who have won the lottery to only end up where they were before in a matter of months to a few very short years. So what is it that all of these people have in common? Why is it that people used to be able to live a good, comfortable life with just a high school diploma and only one member of the family as the bread winner? What has changed from then to now?




Well, we now live in a highly vicious consumer oriented society where there are people in every corner trying to take our hard-earned money away. It is a whole new ball game compared to our grandparents' time, and we have to be even smarter with whom we give our money to. Companies are always coming up with creative ways to get you to let go of that cash, and they will go to great lengths to obtain that mighty dollar.




Take the recent real estate slump, for example. Banks were qualifying people left and right with these "creative" loan programs. Traditionally, some of these people should have not been able to qualify for such high loan amounts. So naturally more and more people started to default on their mortgages in order to keep food on the table. It is not only the mortgage companies that are using these types of techniques to persuade the public into this vicious cycle of consumerism.




So in conclusion, we live in a world where people sweat, hurt, and even bleed while working for their money. We work long, extra hours and even have multiple jobs in the hopes to get ahead or even have a little extra at the end of the month to just hand it over to someone else. The vicious cycle can only end when enough people wake up to the realities of what is really going on.


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