With age comes wisdom
posted March 25th, 2020 at 5:37 PM
I remember my grandfather always saying to me that "you should always have 3 months expenses in cash put aside for emergencies"..now I know exactly what he meant...it all goes well until something like this virus pops up ....he raised his kids during the depression and most likely was taught that lesson back then...he has been gone a long time now...I wish he was still around to share more of his wisdom with me...
7 Comments
Post a CommentMy parents & grand parents
Mar 25, 2020 at 8:05pm
told me the same thing plus more, but i didn't listen very well at the time. Now that they are gone I sure do miss them & wish I would have listened better. Now my children / grand children don't want to hear much I've got to say ha ha ha ! " You never miss your water till the well runs dry."
There still are plenty of people around
Mar 25, 2020 at 8:21pm
who were alive during those times.
The save & conserve & reuse tenets were big then and should be now too.
You should...
Mar 25, 2020 at 10:36pm
stock away 2 years worth of living expenses.
Anonymous
Mar 25, 2020 at 10:43pm
why didn't any of the airlines get your grandfather's message?
Ask some others
Mar 25, 2020 at 10:51pm
Plenty of elders around especially in the west end. Get on a 6 Davie and you can talk to many
Ugh
Mar 26, 2020 at 10:14am
Yes, the economy is the same now as it was then to all that advice absolutely applies and anyone without 3 months savings is just a failed human.
Or wait, maybe there's been like 40+ years of raiding social safety nets and erosion in real wages such that we are making way less, carrying a way bigger share of the tax burden (because having rich people and corporations pay taxes is tres 1960s), and have far less job and housing security, with a way higher proportion of us living pay cheque to pay cheque in times with less possibility for economic mobility than Victorian England.
@you should
Mar 26, 2020 at 12:14pm
Still so many idiots with their ultra-moronic advice.
How many folks out there do you think are capable of socking away 2 years of living expenses?
Answer: 0%
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