General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNPR's program 1A offered some useful, real-world financial advice today:
1. After you buy your boat, and you realize that you don't want to pay $2000/week in docking fees, maybe consider selling the boat and renting when you want to go out on the water.
2. After you've purchased your airplane as a fun diversion and as a restoration project, if the upkeep gets to be to burdensome, consider selling it.
Got that? Sell your boat, and sell your airplane, and your finances will be a lot easier to manage.
In 30 years of awareness on the subject, I have literally never once heard financial advice that didn't boil down to this:
Step 1. Have more money
gratuitous
(82,849 posts)I'd have a lot more money at the end of the month!
Orrex
(63,203 posts)When o when will I rein in my crazy spending?!?
zipplewrath
(16,646 posts)Pretty much what all financial advice boils down to in the end.
Problem for most people is that they want to spend more than they make.
For others, they MUST spend more than they make.
trotsky
(49,533 posts)The millions of Americans who are in poverty can just simply sell their boats and planes! Why didn't anybody think of this before?