Mr. Eric Woods [dot] com

I think its pretty clear where I’m already going with this, lol. I started off with the title I chose because of what I’m seeing on a daily bases.  For me personally the days of luxury spending have slowed down a lot. There’s no more “Oh, I want that I think I’ll just go out and buy it tomorrow”.  What I am seeing however is a lot of people  doing some serious wasteful spending. Granted its none of my business and I know that…..I’m just making an observation lol. 

Maybe some people are spending the way they are because things haven’t affected them as of yet, or maybe they just have it like that. Although  I highly doubt that most of the people I know or see wasting money really “Got it like that”. Now I can see people spending and splurging here and there because that just may be what they’re used to and I myself am guilty of that from time to time, but at least make sure you’re priorities are taken care of first. That’s just a given, lol.

Don’t go out spending doe on new clothes….when your child’s tuition isn’t paid for the month. Don’t go spending money for new rims…..when you can’t even make your car note. Don’t go buying new cell phones…. when you can’t keep it connected. You get the point I’m trying to make.

Sometimes things can get out of hand real quick though because people don’t know HOW to manage their funds. A perfect example of this would be the spending of these stimulus checks and OH YEA how could I forget its tax time!! So now what happens to the average person who doesn’t know how to manage their money you ask? This is what happens. They trick themselves into believing they have this EXTRA money that they really don’t and the money is spent in their heads before they’ve even received it. Sad, oh so sad.  You might hear things like “oooo weee I got  that tax money coming through and I can’t wait to cop that new TV.” or “When I get my stimulus check/tax refund I’m gonna go on vacation.” Rarely do I hear people talk about saving that money, investing that money….or even PAYING BILLS with that money. That’s nuts to me! lol

On a rare occasion I’ve had people ask me for help with investing extra cash they come across and by the time I go to help them…..the money has already been spent on some foolishness.  Then when I ask them what was so important that they had to spend the extra money on  I get a dumb look in return. Maybe some people just like to stay broke, I don’t know. I do know however that I for one am not one of those people.  

So yea it kind of makes me upset when I see people I know, especially those I am close to, spending money wastefully and digging a deeper hole for themselves. then that feeling of being upset just turns to disappointment when the same people  who just wasted a couple of thousand of dollars complain about not being able to eat or not being able to pay a bill. Well you should have thought about that before you went and spent that money you really didn’t have.

So for those who are in the same recession that I am going through, be smart people. Spend/Invest your money wisely, things are different right now.

and for those that have money burning a hole in their pockets…enjoy while you can becuase its obvious your in a  different kind of recession…..I guess, lol