Posted tagged ‘why should i save’

Prudence… A Passing Fad?

October 17, 2008

When we look back on previous generations, we often associate them with the fads, fashions and technologies that accompanied them. Take Generation X for example, as adolescents we spent Friday nights at the roller rink, listened to .38 Special and the closest thing we had to reality TV was the News.  A few years later while Gen X matured and the roller rinks were closing down… something else was happening.  Without warning, like in a science fiction movie, dangerous alien forms of plastic had invaded our culture, taken control of our practicality and systematically began snatching away our financial stability.  Fighting for supremacy, living in codependency and feeding off one another for survival,  Generation X and the Credit Card Revolution had taken flight.

I often think back to when I was a child and how my father, a blue collared civil servant, would go about making purchases.  He had a system.  It was a common practice used by the Baby boomers and every generation before them.  Now-a-days, to the MTV Generation, this method of obtaining goods and services is just something they touched on in school, primitive backwards thinking and the kind of thing you would only (more…)

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