Quote:
Originally Posted by marketsmart
people have no idea as to whats coming or they are still in denial...
for all the people who think we are not headed a disaster, the next time you are at the gas pump or the grocery store, strike up a conversation with an average looking person.
ask them what they think about the rising gas and food prices, but be prepared for a long conversation.. you will be amazed at how much honest information they will give you regarding their personal financial condition.
its pretty scary hearing how people are barely hanging on... a lot more people than i thought...
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That's because the average person lives out of their means and paycheck to paycheck. The housing market crisis proves that. Most people these days think they should have everything now and pay for it later. How many of those people who live from paycheck to paycheck have a big screen TV and all their furniture on credit cards maxed out with a $25k to $30k car sitting in their driveway?
People these days have no understanding of living within their means. They have been given far too much easy credit and now the stress begins to show. Hell, I don't make outrageous money in Adult. I'm not making $20k or $30k a month, I make a average wage but I live with in my means. Something most people have no concept of anymore.