For some reason, some continue to not pay off their credit card bills every month. Can you believe this nonsense? Who willingly buys something they cannot afford, and then pays massive interest on something for months, if not years? That’s just silly. Let’s get that 30 pound dumbbell and drop it on your toes.
After your metatarsals are broken, get a really long needle and start ramming them into your eyeballs. Maybe after a while, you’ll realize how stupid it is to live beyond your means.
We have proposed creating government restrictions on what you can and cannot buy, and how much credit you can get based on your high school and college transcripts. If you’re stubborn enough not to see the value of doing well in school, then you are likely stubborn enough to buy things you can’t afford.
The government can be a helpful big brother to save consumers from over-consumption. Listen here, this is only one solution to help protect people from themselves. You are welcome to offer up another novel solution too.
Sign up for Personal Capital, the web’s #1 free wealth management tool to get a better handle on your finances. You can use Personal Capital to help monitor illegal use of your credit cards and other accounts with their tracking software. In addition to better money oversight, run your investments through their award-winning Investment Checkup tool to see exactly how much you are paying in fees. I was paying $1,700 a year in fees I had no idea I was paying.
After you link all your accounts, use their Retirement Planning calculator that pulls your real data to give you as pure an estimation of your financial future as possible using Monte Carlo simulation algorithms. Definitely check to see how your financial life is shaping up since it’s free.I’ve been using Personal Capital since 2012 and have seen my net worth skyrocket during this time thanks to better money management.
Related: Things To Buy With Your Enormous Investment Gains
Readers, seriously, there can’t be people out there who don’t understand the concept of not buying stuff they can’t afford right? Why don’t people just make more money if they want to buy more stuff??
Updated for 2021 and beyond.