In the U.S., we’re allegedly past the Great Recession now. I suppose, by-and-large, my family’s finances are better than they were 18 mos. ago. My wife and I have been through some dark, dark, DARK TIMES as far as money is concerned. We are (I guess) the average American middle-class family (although, “average” and “middle-class” are ‘moving targets’ when it comes to definitions these days). There’s been a lot said and written about personal finance over the past 5 years or so.
Personally-speaking…….I have gone through such a metamorphosis about how I think about my money. I literally cant stop myself from laughing whenever I think about how the words “happiness” and “money” used to be linked in my personal world-view. I didn’t even know it was so severe until it started to change…..and change it has. I don’t at all believe that I’m in any position to give anyone advice, except to say, “If you want to know how to do it all wrong…..then look at how we did it.”
Two final thoughs while I’m waxing on about the Almighty Dollar:
Stupid Debt will destroy you. Most of how we get into debt in America is via Stupid Debt. Generally, so long as its a small house and you have a nice, polite, tidy little mortgage (with a stable interest rate)……a house is Smart Debt. Other than that, though, Stupid Debt will be your ruin…….take my word for it.
If you’re buying to make yourself happy…….you’ll NEVER BE ABLE TO BUY ENOUGH to reach that point……..never.