the people with the SUV and the house purchased when prices were high or with an ARM mortgage these people are close to the breaking point.
I don't play violin or I'd break out in a sad opus...
If you're that intent on beating the Jones', living for the moment, and not looking to the future, well, you're getting what you deserve IMHO. Sorry stark reality is slapping you in the face.
I don't have an SUV. Do have a van, but think of it as a mini motor home. I only use it on trips or when I need to haul something. I'm headed to Huffman, Texas to do some flat tracking tonight. Promoter wants me to write up the races for submission to "Flat Track Illustrated" and some other zines and says he'll pay me for it, so I might actually have my gas money before I find out what the pay out on the class, is.
I figure at three bucks a gallon, it's gonna take 70 bucks worth of gas, about, for the round trip. I could haul the bike and gear on my little flat bed trailer behind the Wing, but the wife wants to go. Leaving in an hour or so. That's what the van is for, that, and business when I have to pick up or deliver a mower I'm servicing.
I live in a small frame house, two bedroom, comfortable and easy to keep up and the mortgage is paid for. Everything I own is paid for and I'm working for myself now after 28 years in the chemical industry. I have a 72T IRA paying the bills, profits are spending money. I'm living the American dream, or at least my version of it.
My home is just across the street from the bay and there's a fishing pier and boat ramp within a mile either direction (two) of my driveway. I can walk to the bay to wade fish and my hunting is local. I have property to hunt about 30 miles away.
I ride motorcycles and one of 'em is a 200cc DP bike that gets 80-100 mpg, no stinkin' moped, though it cruises about 50 mph on the road. It's also a two wheeled jeep. I use it on my place to haul corn to the feeder and such since I sold my 4x4 Truck. My wife's car is paid for and gets 40 mpg.
How possibly did I do this while working a normal job, you ask? Well, I lived below my means all my working life. I did have the racing, but it's not that expensive. I didn't care how I impressed the Jones'. They all called me cheap, but I'm getting the last laugh.
I saved, they didn't. I bought property, they bought SUVs, trucks, big homes with huge ARMs, etc, etc. While they were braggin' about their swimming pools, I bragged about my 401K balance. I figure to live like the rich, you just might need to BE rich.
I got out of that plant as soon as I could, hated the place. I'm set up now, secure, and building a business. It don't get a whole lot better if you haven't won the lotto. I always called the lotto the plant retirement plan, BTW. Lots of 'em out there won't have squat unless they win it.
Social security, IF it survives, ain't a lot to fall back on.
Mmm, guess I'm ranting, but this subject gets me goin'.
Anyway, I've got to go put 70 bucks in the ol' van and go have fun this afternoon. I've got work lined up for next week.I've been riding around town for two weeks on the 200, pulled in to fill it up, it took $2.49
The tank only holds a gallon and a half and it'll take you about 130 miles or so. I got to admit, when I have to ride to the shop in Edna (about 34 miles), I do take either the wing or the SV650, highway speed capable. But, if it gets to 4 or 5 to the gallon, that little 200 is gonna get a workout. LOL!
Jack.....livin' in paradise.....