We Want It All???
Just maybe if I open the window I could throw this TV remote control right out in the yard and then the lawn mower could to the rest? I just clicked on every major news station that 100 channels provide and all I heard was how bad the economy was and how much worse it was going to get.
Oh, I know we all point fingers at all those other guys. "THEY" did it!. Okay "STOP"---and let's back up this train. We "ALL" did it and or stood by and did nothing about it. Saying things like "oh, this won't last long, or my favorite---THEY better do something about this---tell me? who in the h-ll is---"THEY?"
U.S. home foreclosures have jumped to 90% from earlier this year. Default notices and bank repossessions now total near 177,137, that is up 19%
Of course it is the American Dream to purchase your own home. Yet, that being said, then why do we some how convince our selves that we need a big 5 bedroom house with 5 baths that is way out in some subdivision far from our jobs. Then we will have to furnish it with all new furniture.
If and when you find a lender you are shocked at the terms of the contract and really don't understand it all but are to embarrassed to admit it, only hearing the buzz words that you wanted to hear. Maybe for a split second you might ponder over the fact that is more than you had anticipated but you tell yourself that you can cut expenses some where along the line and that is where the lender uses that magical phrase when he sees you hesitate---"now if at any time you have trouble you just call us and we will work it all out."
Yes, we have all bit off more than we can chew and now we have to pay the price of that mistake. Losing a home that we could not afford in the first place is a devastating experience and a big blow to the ego. Then bam! we never dreamed that we would lose our job too. When this line of trickle down events happen it effects the health also. There are 46 million uninsured Americans out there wondering what happened to their world.
I was much younger when I was one of these greedy people that thought I had to have it all and--- right now! I made all these same mistakes that I see today. The only difference that I see today is that there are more people and the greed is spread far and wider. Some times we have to fall down hard before we can stand up with a lesson learned.
I see now that I did not need that big house with all the bedrooms and baths. I did not need a three car garage, or the latest model (after all you can only drive one car at a time.) Now all the family grew up and moved away so that excuse flew out the window.
No, we would have all been contented and happy with a simple little house like I have now, for it has the same bed and one car in the drive way that gets me to and fro---and the best part is that no mortgage company has to be concerned in any way.
• REMEMBER OUR GREED DOES CREATE --- DEFEAT!