Friday, May 13, 2005


"Financial stability is a choice, sir."

The preceding bit of wisdom brought to you by my coworker / trainee ... who happens to be 19 years old. He offered this dollop of advice to a few of our other coworkers who, at that time, happened to be in our office lamenting their most-recent batch of personal financial misfortunes. (Again.)

If you can't tell, I've been doing my best to keep him moving in the right direction. He's a quick study. Plus he's young, which means he has no problems saying those things which I would typically keep to myself.

Makes for good, wholesome office entertainment.

— Posted by Michael @ 12:37 AM


It's a true statement. The vast majority of people can determine their our financial standing, but unfortunately most can't control their spending to any reasonable degree to make themselves financially stable.


For the most part, I would have to agree with the trainee.

For some of us, there are certain life events that make it impossible to be financially stable, such as an illness or the death of a family's primary breadwinner.

However, most of us could be financially stable without too much problem, but it would require giving up things that most people are unwilling to go without.

Therein lies the problem, unfortunately. People are unwilling to sacrifice the simple pleasures (like a $3 Starbucks coffee or eating out twice a week) for more long-tern financial betterment.


Wish I thought like that when I was 19, but no, I was wasting my money on comic books and comic book art. uggg!


I sure wasn't in his boat when I was 19, either.

I sense an amount of "money determination" in him that I don't see in most people MY age (~33).

I wholeheartedly agree with his statement, BTW. Few are the occasions when financial stability is entirely outside one's control; many are the occasions when it falls victim to consumer-oriented excuses.

** Comments Closed on this Post **

Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
— Dave Ramsey


Start (2005-12): ~$21,900
Currently: $0
[About Our Debt Paydown]


Savings Goal: $15,000
Currently: ~$15,115
[About Our Liquid Savings Goal]