IT’S NOT MY FAULT

*** IT’S NOT MY FAULT ***

A Mathews says on his book;

I watched the following conversation unfold on TV between a distraught woman and a financial advisor:

Woman: My husband just lost his job and we don’t know what we are going to do. We have huge mortgage plus loans for two expensive cars. All these overpaid executives on Wall Street have created this global financial mess. It’s not fair… The Government should do something!

Expert: Your husband had a well-paid job?

Woman: Yes he did.

Expert: He got pay rises over the last few years?

Woman: Yes he did. He was very good at his job and he got pay rises and promotions … And … bonuses.

Expert: And how was your lifestyle?

Woman: We had a good life. We went to Rome, Rio, Las Vegas, we extended the house and we built a swimming pool on the backyard.

Expert: And each time your husband got a bonus, How much did you save for your future?

Woman: PARDON? !!!

Expert: How much did you save for your future?

Woman: We didn’t SAVE. We borrowed more__ be…cause he was making so much.

HERE IS WHAT’S STRANGE:

*  It never occurred to this couple that:

a)     While he was making huge money, It might have been a good idea to save some.

b)    They created this situation where they are now.

c)     No job, and might be no hiring for the now aged husband (because the hiring now a days is a new educated and young and fresh.

REMEMBER THIS:

“A LOAN IS MONEY YOU DON’T HAVE.

 BE CAREFUL HOW YOU SHOULD SPEND IT.”