about to tell you
it is not a good idea
for many people
It’s really not.
So says, Susan Tompor of the Detroit Free Press in her article, “Record number of buyers opt for $1,000+ car payment.“
And what is it that Ms. Tompor thinks is NOT a good idea?
$1,000 a month or more on a car payment!
Ms. Tompor writes:
“Once you’ve earned it, many might imagine, you should be able to spend it any way you want. You want to spend $1,000 a month or more on a car payment, who has any right to tell you that’s a really bad idea?
Spoiler alert: I’m about to tell you, it’s not a good idea for many people. It’s really not.
Boy, Howdy!
She writes, “April is National Financial Literacy Month and it’s a good a time to consider how you split up your paycheck to cover housing, transportation and other needs and, yes, wants. Spending too much on one thing can vastly cut into what you’re able to use toward something else.“
April is National Financial Literacy Month!
Boy oh Boy Howdy!
Who knew?
Who cared?
All I know is that when I die, paperwork is in place to make sure all my heirs get an equal share of my credit card debt.
I am still paying for the Spanish American War with my taxes and I am not sure it has hurt me or bothered me that much.
Remember the Maine!
I mean if folks need to be told that a $1,000 monthly car payment is NOT A GOOD IDEA … well, we might as well elect a reality game show host as President and see how that works out for everybody.
OH WAIT.
I am not saying that reality game show hosts don’t have a right to be President.
This is, or was at any rate, America, where ANYBODY could end up being President.
It’s just that when we get anybody things don’t work out so well.
There is a story of a man who told President Lincoln he had to get rid of his Generals.
“Who should I replace them with,” Mr. Lincoln asked the man.
And when the man replied, ANYBODY, Mr. Lincoln said, “Anybody might work for you, but I must have Somebody!”
No Haiku For You 