Wednesday, May 21, 2008
What I learned from my father.
Some of you know my father, and if you do you know that he is a financial genius. My dad is so good at what he does that a certain women’s group asked him to come and talk to them about dying. No joke, dying. Death probably seems like something you really can't plan for, trust me you can. He's got about 7 binders full of things relevant to dying. It's borderline obsessive compulsive, but at least he'll be good at it. Growing up we learned all about money. I'm sure he thinks he failed to impart that knowledge to me seeing as I'm in possession of a Nordstrom card, which to my father is cardinal sin #1. In spite of that, I was actually listening.
Money is something our generation takes deeply for granted. In the age of plastic it's easy to forget that we actually need the cash to back our purchases up. All of our lives we have been cautioned against incurring debt. It is easy to see why with all of the turmoil and crisis around us especially in the last year. The time has seriously come to get on it. The cost of food and fuel are rapidly rising, making it abundantly clear that now is the time to get out of debt. We live in uncertain times, and now is the time to prepare for even worse times ahead.