Saturday, December 27, 2008

Live with Less


Live With Less

In these days of crisis we keep hearing… the banks need money for us to borrow…
Why do we need to borrow more money… I thought we are having these problems because we borrowed too much… to the point of overextending ourselves and losing our homes… and now we need to borrow more so we can buy more…. Where has the sound Economics 101… gone… Gone away are the basics of an equilibrium… Saving equal Investment…
Watching the news we hear a lot on the decline of sales… whether it is retail, or automobiles, or even homes… One word, though, which I failed to hear was Savings… looks like that word is out of our vocabulary… for good…

Instead of overextending ourselves… we should, maybe look at spending less… which is OK if we need less… so I had an idea… we could start by shrinking the size of our closet… by making our closets smaller will force us to require less stuff… anything wrong with that… living with less… try it… it will make you enjoy living with less…
Peace…


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