Thursday, July 16, 2009

Beginings, Ends and Beached Whales.

A neighbor down the street decided to build a bar-be-que, no expense was spared the best of everything was installed. Invitations were sent out to both friends and neighbors, who were urged to bring a friend or two, or four.

The party began at breakfast, pancakes with syrup, fruit, ice cream, or caviar. If the host didn't have what you wanted, it was ordered in. After that the menu changed with the hour, food was always being served.

No-one was concerned that the fuel burning in the bar-be-que was barrow loads of cash, all donations were taken. More and more people were handed a plate of food, everything is good the party goers would laughed.

The news of this wild party spread and the que to get through the door stretched for ten blocks heading for eleven. Getting through an unguarded gate was the hardest hurdle, once you had signed in you were free to join the good times.

The party ended when the food couldn't be cooked, the host could no longer find any cash to throw onto the fire. Some of the party goers realized that the party was finished and grabbed all the food they could carry.

Most of the guest were just left standing around the bar-be-que longing for the food that had been so plentiful. They were trying to understand why the party had the feeling of a beached whale.


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This is only way I can explain what has happened to the finances of the world. Lending to someone who can't repay their debt makes absolutely no sense at all. And what does it say about us. We seem to be children still, looking to a parent, but only one that will give in to our tantrum of we want and want it now.

Spending more than your income should always be a concern, it is a sign that we are not being good stewards of our money. Yes it is hard in the 21st century to not spend your money on the latest release of some new fancy electronic gadget.

It is not the gadgets and widgets that are in the markets that is the problem, life is so much more interesting with them. The problem is that we have to have everything now. We have to learn to pace ourselves financially.

We need to remember that old phrase "the love of money will cause evil". Yes we had a party going, now the party has come to an end, and we need to clean up, but that could take a while.

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