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Yesterday was the biggest day on my blog in the history of my blog. Thanks to my friend who threw a link to one of my old posts up on a few Facebook pages.
The link was to a video I posted a couple years back of a SNL skit called, “Don’t Buy Stuff You Cannot Afford,” with Steve Martin and Amy Poehler. It got nearly 1,400 hits in less than a day– which in my little blog world is pretty viral.
So thank you to my good friend and all those who shared and visited my blog. I really appreciate it. I finally got pinned on Pinterest, which I feel is a pretty big deal!
The video is pretty funny– but funny because it’s true. We all have a good laugh at how ridiculous it is, but we’re all kind of guilty of doing the very things we are laughing about– which is why we laugh. And laughing at ourselves is a good thing sometimes.
Oh the satire.
How to buy expensive things using money you save– a common sense principle that so many of us struggle to grasp.
How many of us buy things we cannot afford? How many times have we bought something and hoped we could pay for it? The general philosophy of credit and credit cards is “buy now, pay later.”
We laugh at the stupidity of the question ,”I don’t have enough money to buy something, should I buy it anyway?” And, “Shouldn’t you buy it before you have the money?”
But how often have we all bought something using our credit cards and then tried to figure out how we’re going to pay for it? Or got ourselves into a ridiculous car loan and then hoped we’d be able to make the payments? There are payday loan joints up and down our streets, laughing at us; making a living on people buying things they cannot afford.
The satire of the video is great and perfect for what I teach and discuss daily. While the video is a good laugh, it teaches the most basic concept in personal finance, living on less than you make and not buying things you can’t afford.
So while we get a good laugh at the video, let’s stop and ask ourselves the stupid questions that are being asked in the video…
“What if I want something and I don’t have any money?”
“I don’t have enough money to buy something should I buy it anyway?”
Don’t buy stuff you cannot afford.
That’s a priceless concept. It will change your life.