Dear Son, the goal is to spend less than we earn. You will find few people in today’s world with the desire to do this. So much pressure, from every possible angle, tells us more is better. Buy now, pay later. Keep up with the Jones.
What no one teaches us is there’s a long list of unexpected expenses that will continuously confront us. Lack of preparation digs us deeper and prolongs the deficit cycle. Be very careful. Please.