"It is wise to remember that you are one of those who can be fooled some of the time." Laurence J. Peter
What has that got to do with our money? Good question! Perhaps more than we think.
We've all heard that 'pride goes before a fall' and most of us believe that to be true. But, I've noticed something funny about pride. We have a hard time recognizing it in ourselves. We can see it in others. But, we often overlook it in the mirror.
For instance, it's much easier for someone to scam us when we think that we're too bright to fall for such schemes. And, it's much easier for us to take on too much debt when we think that we know enough to bend the rules a little bit. I think that you get the idea.
In this era, when many of our financial rules seem to either not be working or are obsolete, it's wise to remember that we can be fooled some of the time. Just because some expert says it's true doesn't make it so.
Right now it's very important to question EVERYTHING that you hear about your finances. Turn it over. Look at what's underneath. And, what might be the future consequences. Failure to do so could cost you dearly later.
Keep on Stretching those Dollars!
Gary
