3 Crazy Statements People Make About Money

People are crazy. We know that. I’m crazy. You’re crazy. We’re all crazy. When it comes to money, some of our “crazy” becomes amplified. With this post, I thought I would share three crazy statements people make about money.

  1. “I saved $50 today when I purchased these clothes!” saved money by spending money? If a person keeps saving money this way, they will end up in the poor house!
  2. “We wanted to spend more time together as a family, so we invested in a new camper.” Most campers/RVs drop in value even faster than new cars! If a person’s investments always dropped like this, they would almost do better by lighting their campfires with $100 bills.
  3. “It’s impossible for us to get ahead financially.” So how did millions of other people manage to move from total broke to prospering?

What are some other crazy statements you’ve heard people say about money?

2 Responses to “3 Crazy Statements People Make About Money”

  1. Kirsten June 19, 2014 at 10:15 am #

    Ha! #1 reminds me of some of my family. They are farmers and every year their tax specialist advises them to get a new truck for the farm as a tax write-off. So maybe they save $500 (or whatever it is) on their taxes, but then they pay $500×12 for the truck payments during the year. The only way this is any sort if savings is if you NEEDED the truck anyway.

  2. Dalton Blankenship June 19, 2014 at 7:41 pm #

    I can’t afford to tithe
    What good is a budget?
    We’ll start saving next month
    We deserve this hot tub (this was someone who owed us $1,000 they borrowed to ‘make ends meet’)
    Do coupons really work
    I can always put it on the credit card

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