My family was discussing the recent financial meltdown in the States, and my dad believes we haven't seen the worst of it.. and despite what the government says, the Philippines will be affected one way or the other.. Hence, he has this edict laid down for us: Save save save save save!
As in, do not buy him Christmas gifts daw. Knowing that his "gift" is sitting safely in our bank accounts, tucked in for a rainy day, is enough satisfaction for him, maybe even more than an actual material gift. Holidays are not supposed to be about material things anyway, he says. People just get carried away...
Oh..
Okay..
Though I may not agree with the moratorium on presents, I do think that my generation seems incapable of saving... I don't know if it's technology that's at fault, or the emergence of credit facilities, consumerism, or just the culture.... but my generation does seem to live for the "now" more than ever before. Unlike our predecessors who's main purpose for toiling is to save, save and save, to forego immediate gratification in the pursuit of a secure, worry-free future. There's definitely some wisdom there.. maybe it just all got lost in translation when passed on to the young..... :p
Watching CNN and BBC feature the US financial system is scary, though... maybe it's what finally does the trick in making me trim down the expense fat... :p
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