The American Financial Diet

Well, there you have it. We were on the American financial diet for last 5 months and now we are spending again. It's like the Atkins, Zone or Somers diets where we deprive ourselves of that which makes us happy and then we go full boat the other way. So the economy is starting it's slow and treacherous turn around. It's like the Titanic that continues to move at a slow pace because of the weight of the boat. Our economy is turning at a slow pace because of the weight of our unemployment. But turning it is, we sacrificed for five or six months and that is all we can stand. Tax refunds are coming in and we are spending them. All that we put off purchasing for ourselves, we are now spending to get what we want.

I wonder, do we have the sustenance to get back on the savings diet? Do we have the courage to turn this vessel with wise purchases and not get ourselves back into the same credit mess? Do we have the ability to purchase American products so we can keep Americans employed?

Only time will tell. I pray we have the ability to be thoughtful purchasers, good stewards of the money given to us and givers of hope. Let's get on the financial diet together again and beef up the savings for a rainy day.