Friday, October 13, 2006
It's All Not Relative
The new generation is struggling today just as us olde farts
did years ago.....The only difference is the denomination of
the 'monopoly money' we both played with.......
I remember being the head of household which consisted
of husband, wife, and two children living in a $20,000 house.....
Family income was about $10,000 a year......And of note.....
Everyone was fed, the roof did not leak and human
existence was not a chore.......
Today the only thing that has changed is the house is now
$200,000 and the family income has to be $100,000.....
If it is difficult for the new generation to meet their financial
goals, it is because of the extras......Remember all that 'one'
does need is food and roof......
Available income = two cars, plasma TV, day care, cell phones,
style wardrobe, sports equipment, food and roof......
In today's world "communications" cost more than 'food' and
combined with "extras" will soon cost more than 'roof'....
The days of one telephone, in the house*, and 5 channels of
TV were great.....
* It was a "party line".......Doubt anybody even remembers
them.....Pumps
did years ago.....The only difference is the denomination of
the 'monopoly money' we both played with.......
I remember being the head of household which consisted
of husband, wife, and two children living in a $20,000 house.....
Family income was about $10,000 a year......And of note.....
Everyone was fed, the roof did not leak and human
existence was not a chore.......
Today the only thing that has changed is the house is now
$200,000 and the family income has to be $100,000.....
If it is difficult for the new generation to meet their financial
goals, it is because of the extras......Remember all that 'one'
does need is food and roof......
Available income = two cars, plasma TV, day care, cell phones,
style wardrobe, sports equipment, food and roof......
In today's world "communications" cost more than 'food' and
combined with "extras" will soon cost more than 'roof'....
The days of one telephone, in the house*, and 5 channels of
TV were great.....
* It was a "party line".......Doubt anybody even remembers
them.....Pumps