Paulie, I never thought I'd say this, but I think you're right.

I do disagree with you on one point, though: it's not just the doings of the "greedy" banking community. Sure, lending money to folks who had no chance of repaying it is wrong. But I think we should all take personal responsibility for our financial decisions, too. For too long, Americans have been spending more money than they make. We've bought too much house, too much car. We've racked up unimaginable credit card debt buying things we don't need -- flat-screen TVs, clothes, plastic surgery, and so on. That's greedy, too.

Is anyone else changing their financial habits because of the economy's precarious situation? I, for one, am preparing for the worst. Here's how:

-- I'm going to cook at home more instead of going out to eat
-- I'm going to *try* not to buy any more clothes this season. Which is hard, because clothes are my weakness.
-- And I'm also making an effort to work at home more and ride my bike to save on gas.
-- Also, whenever I feel like I need something new I'm going to try to convince myself I can go without. Ex: I almost bought a $20 flower pot last weekend, then decided to rearrange the potted plants I already had so I could go without another.

Anyone else cutting back?

Last edited September 24, 2008 11:12:48 am

I'm tipping less at The Show and Bazookas for one, cutting back on my 2 pack a day habit and have downgraded from Hennessy to Paul Masson.

Of course I'm kidding, but I think we are headed for some tuff times also. Paulie's wrong on the depression tip, but it will be slow going for awhile. If you need help with your finances hit us up at www.molifeney.com

Holla!