When I was growing up my parents told me to save my money (if and when I ever started acquiring money). I listened and to this day believe they were right.
As a newly married couple in the U.S. Army and making $222.22 per month and we started saving $50 each month. Get your calculator out and check out my figuring...That was 22.5%.
How many young couples are saving 22.5% of their salary today? If there are any, they may be in a heap of trouble because they are not doing their part to stimulate the economy.
I did a blog posting in the past about my “obligation” to spend my money to keep the economy going. As usual, my tongue was very deeply in my cheek but now this issue seems to be getting very serious!
I have been noticing recent news commentary attacking the once time honored American practice of SAVING MONEY. They have started to paint saving as an evil unto itself that must be stopped.
Here comes my Foolishness...Or Is It?...
Are we about to see some or all of the following?
• News Lead In...
Peter Fernerke was arrested today in Ohio for saving more that the Federally Mandated Maximum Allowed Percent of his take-home pay.
• A Public Service Announcement...
Citizens, remember to do your duty for the common good and spend as much of your salary as is necessary to keep America humming along. If you don’t know how much is enough, go to http://www.yourpart.gov/ and consult the Recommended Minimum Spending Table. Any amount spent in excess of the Recommended Minimum will be appreciated by a grateful nation and your 9% Approval Rating Congress.
• Live Concert...
Image via WikipediaThe Hollywood Celebrity you most admire (whoever that is) is asking you to attend this Saturday’s live concert, No More Saving Over The Limit. There will be one held in every town in America of over twenty-five people. Bring the excess saving you have been squirreling away in violation of the Recommended Minimum Spending Table. No questions will be asked about where you have been hiding your money. Jimmy Carter will be stationed at each dumping box to personally shake your hand and thank you for doing your part. Come clean for America before they come and get you.Ok I got carried away again. However, I would like to ask you to do one thing after I went to all the trouble to peck out this Foolishness. Start taking note of every time you hear or read about the “evils” of saving money. It may surprise you how dead serious my Foolishness turns out to be.
Would I kid u?
