February 7, 2013 | Posted in:Rant
Since the 1950s two things have grown, almost in parallel with each other: spending and unhappiness. They may not be directly correlated, but studies have linked the two to have at least something to do with each other. We’re all in the rat race that has been created around us. We spend our lives trying to buy our way into new levels of social standing. Back in the day, we used to be considered “citizens”, but now we’re referred to simply as “consumers”. We work hard for our money, only to turn around and buy the next big thing that they’ve been advertising recently.
Our unhappiness stems from a life in chains, working until we’re 67 and hopefully having enough put away by then to retire. This doesn’t have to be the case, if we could put consumerism aside and do what we truly want with our lives.
The following infographic looks friendly enough, but its message is a serious one. As a country we overspend. We spend 133% of our income (on average), which means as a Nation we are relying heavily on credit. Let’s change our habits, because our future counts on it!
Credit cards are not free money! They are for emergencies.
Budgets are not just for old ladies! We, in the personal finance world live by them in some way or another.
You don’t need the new fancy thing, just because it’s on sale! Lifestyle is a choice, just like saving money.
How does this infographic make you feel? What could we do to fix the problem of overspending?