Do you remember "stop, drop, roll"? They teach children these simple directions in case of fire. If a sweater catches fire, don't struggle to remove it. Just stop, drop, and roll. It is more important to put out the fire than delay and allow the damage to spread.
I caught part of Oprah yesterday. Suze Orman was her guest. She was giving direct, somewhat painful, advice to couples in financial trouble. She was her usual direct self.
She gave one couple a simple thought they should use before every purchase. "Is it kind? Is it necessary? Is it true?" Unfortunately she did not have sufficient time to expand much on her questions but I think we can apply these.
Possibly the last question is the hardest to face. Is it true to who I am? Am I being true to my financial picture or plan? Am I buying it to impress people I don't know with something I can't afford?
We all need to be careful these days with gas prices so high, the stock market slipping, and the uncertainties on the world front.
'til later
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