Today a headline from Yahoo! Personal Finance caught my eye, “Five Signs that you’re Living Beyond your Means”.
I loved Yahoo’s five signs and I especially loved the “bottom line”. It’s the sad and honest truth that we all have to face in our nation and in our generation. Foreclosures are rising, credit card debt is rising, bankruptcy is rising. We need to assess our financial health. We need to change the way we think and spend money. There were some statistics that I vaguely remember, average household back in the day was 4 kids and 1500 sq ft home. Today it’s 1.5 kids and a 2500 sq ft home. What’s that about? It just doesn’t make sense. We need to live within our means. PERIOD!
