You “Must Stash” your Cash (Resources for the Future)

See what I did there? Perhaps not everything – if you didn't also read my previous blog post here on Steemit -Ketchup.

I touched briefly on the concept of “Delayed Gratification”. One community member commented “Delayed gratification is one of the fundamental principles of success in the universe.” - @creatr

It is certainly one here on earth, and more commonly ignored than slowing through a Yield Sign. We want what we want, and we want it NOW. Case in point, I just witnessed the opposite effect of this principle by a 21 year old young man. He works hard, quite pleasant & friendly, up beat – He “Shot himself in the Face Today”. (Not with a 'Gun' – see the end of my previous post) He bought a Brand New Car! Oh, how I wished I could have spoken to him before this decisions. Just $500 Dollars Down , 6 years of payments at $230/Month … Oh but here's the SHOCKER ...His short driving record is none-to-good. The call to the insurance agency (actually 3 agents) quoted him a price in the area of $400/Month for full coverage – for 6 years! It's a sporty model that will certainly turn a girls head, it spun this old man's head around (not at the car) .. at the Math. In essence he just agreed to a $45,360 decision (on a whim) in a day, of a very long life of DEBT.

What are the different ways to think about debt?

People have become too complacent about debt – replace the picture of debt with the picture of one running around with their hair on fire! Picture your self with the weight of a “crushing load 5X the weight of your physical body”, day in and day out. Do you feel stressed or burdened? You Should.

I wanted to address a comment from my Introduction Post here on Steemit by a user @kus-knee who wrote to me in the comments section “Interesting first post. Part two?” Here's part-of-part two:

If you have a $50,000 take-home pay but are in the habit of living on $25,000 and investing the rest, that will put you ahead by about $350,000 every 10 years after compounding interest in a basic index fund.

There’s a compelling logical, psychological and philosophical case for why living a simpler, less materialistic life makes us happier as humans. Far from being a sacrifice, spending less and saving more is actually an incredible life-boosting experience. I hope you find it with me through these posts and articles here on Steemit. I welcome you to the journey, as you have welcomed me to the community.

I leave you with this thought, “Regardless of what you do, it’s better if you don’t need the money.”

Harry Potter Formula for Success: There is None!