Sunday, September 5, 2010
An Inconvenient Truth
They can discuss the pie in the sky, but then reality sets in.
Debt is a very slippery slope. Some pay each month the minimum on their credit card bill, as they increase the balance. It is hard to see the fallacy in this behavior, esp. since it worked last month, and last year, and... And in the end they'll either get that job they've dreamed of... or go bankrupt... or become "dust."
Is a new car the best deal? Or is it better to buy the worst half of the life of a car for 3/4 of the new price? And by buying a new car they get to choose the color/model/accessories.
Money. We talk about money until we are red. The elephant? In the end we don't "make" money unless we are counterfeiters or the government. We exchange it. Tit for tat. We give a part of our life for it. And then we give it for some part of someone else's life. Or maybe for some part of the earth that someone "claimed." It is the game Monopoly except... we believe it.
I tried (and failed) to convince my students that it was better to be able to appreciate a sidewalk than to own a yacht. With the sidewalk t...