Money, Power, Good Health by Gerard Spinks
I see people talking real GIGANTIC on Twitter about how they are mad because they had to help someone with cash, or help a friend in need, or how they went and spent a ton of money on some Patron at a club in Atlanta or LA. The funny thing is that most people talk from a position of strength until their own boat starts leaking and has a small hole in it that turns into a big hole.
Most of us feel coochy crunch with our jobs and income and don’t sweat it until we are confronted with a sudden layoff, downsizing, jobs moved to India, or just plain out of work and realize that you can’t get on unemployment for whatever reason. It’s so easy to roll tough when you have a job or income and start bashing everyone who doesn’t because they asked you for $20. Rule 1: Shut the hell up! Rule 2: can you survive in the middle of the ocean for six months with a leaking boat? In other words, if you got laid off right now, today, and due to some glitch in the matrix you cannot get unemployment, can you survive and pay all of your overhead for six straight months until hopefully you get a job?
Come on big talker! I’m talking to you now. You have now become the person that you were just complaining about. But, there’s a real NOT perceived solution to this. It used to be prudent to save 3 months worth of your overhead in a Fidelity Investments Money Market Account. Not anymore. I have personal friends who have been laid off from American super corporations and haven’t had a job in 16 months. They tried everything and went through 3 cycles of unemployment. So, when you have the job, keep expenses low and stack chips like the end of the world is near.
If you’re total monthly expenses are $2,000, you need to do whatever it takes to save at least $12,000 to survive for 6 months during the time the boat is leaking. If you can’t save money, you need to do whatever it takes to reduce your expenses to save. America is NOT out in the clear yet. To blame your family and friends for their misfortune means you’re a pure idiot. It just might happen to you. Save your money and idiot proof your own self.
