My sister tells me that the economy isn’t doing too well in America. The price of gas has more than doubled since the day she entered the country seven years ago. The American Dollar has continued to weaken against major world currencies BUT it is hoped that things will improve in the near term.
However, many people are already left in a financial fix. Some of them have lost jobs rendering them unable to meet their monthly debts. When I first learnt that people in America use their credit card so freely like cash cards, I was surprised. There was a guy who bought a CAR with his credit card! Well, it is fine if the card holder will settle his credit card bill FULLY at the end of the month but then this rarely happens.
I feel that it is time for us to learn how to be prudent and make wise financial decisions. Yes, all of us and not only Americans and I feel strongly about this because my parents were very bad financial managers and it affected us in many ways while we were growing up. One significant issue that I will always remember was that my parents were unable to put their children through tertiary education. I used to wonder why my friends were all able to go to college and we could not. As I grew older, I realized that their parents were financially capable of doing so because they managed their income well.
Well, the thing is, if we want to have a better future for our children and our own old age, we have to start spending wisely RIGHT NOW. Stop Stupid Stuff is a blog that share great money saving tips. Do you think that you can implement these tips in your daily living? Why not challenge yourself and see how much money you can actually save every week by cutting down on extra expenses? Did you know that one of the best ways to save money is to recycle? Read Stop Stupid Stuff to avoid financial self-created pitfalls!
