Is it just me, or have you noticed how many people are paying for their groceries with credit cards? Nah, not debit cards because you don’t have to sign receipts for those–but credit cards! Wouldn’t one think that cash should be used for the necessities of life, and when one must buy the necessities on credit that the end is nigh? Even in my impoverished state, I pay for food, gas and so on with cash. Is the whole country (or a lot of it) headed toward bankruptcy? Or is it that no one cares? I watched a newscast when gas prices in California were inching toward $3.50 a gallon. The people on the street interviewed sort of shrugged their shoulders. One even said: “I guess I’ll worry when I tap out all my credit cards.” Ah, credit cards–don’t leave home without them!
I spent considerable time going through Poor Richard’s Almanack looking for an appropriate saying about this phenomenon of ours, but I quit when I stubled on this time-honored one from 1735:
Early to bed and early to rise, makes a man healthy wealthy and wise.
Except now it would more likely be: Early to bed and early to rise gives a man more time to run up debt on his credit cards.
Sad but true.
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Posted in Almanack Musings |
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