I Hate Being Poor

[oneshot]

We have a Son that was making High Six Figures. We always said if they lost everything it would be such a hard fall.

Well their income went down to around $100K a year. Son is just really upset not knowing what to do. Their income last couple weeks came down to around $60K.

It is to the point we are really worried about our Son.

Got a Daughter her and her family live off her Inlaws. They have plenty of money but are retired as me and my wife. Money can only go so far.

I do ok. I found when I was making Good money I blowed a bunch.

oneshot

[Old plug]

Hotshot----- I would worry also they must have blown a awful lot of money unless they had medical problems. My daughter is. 49 yrs old been retired for 2 years. Her and her husband together made about 250k a year minus bonuses. Her husband grew up in a 26 ft camper trailor. Both of then did not come from weath and knew to ge prepaired financialy. Both of them manage their investments closely.

[oneshot]

Hotshot----- I would worry also they must have blown a awful lot of money unless they had medical problems. My daughter is. 49 yrs old been retired for 2 years. Her and her husband together made about 250k a year minus bonuses. Her husband grew up in a 26 ft camper trailor. Both of then did not come from weath and knew to ge prepaired financialy. Both of them manage their investments closely.

They put money on a New Car every 6 months, go to shows and who knows what. They have 5 Bedroom house, DIL lets the Kids trash it. She was showing me her New BMW, I told her it was nice hope she took better care of it then their house. I said something about the Kids trashing it, she tells me Kids are only Kids once, they can repair and clean up the house once the Kids are gone.

I know something came up, grandkids were talking with other Kids. They told these other Kids it didn't matter they have money.

oneshot

[Old plug]

My daughter and her husband were both carier people and and got married latter in life. They are do it yourself people. Well mostly my daughter anyway. She comes from a long line of people in the building trades and do it tourselfers. They are pretty fugal.

[Mitch f]

My daughter and her husband were both carier people and and got married latter in life. They are do it yourself people. Well mostly my daughter anyway. She comes from a long line of people in the building trades and do it tourselfers. They are pretty fugal.

Do it yourselfers are hard to come by nowadays. Skilled tradesmen are retiring with no one to replace them. Can't hardly find a good young machinist anymore

[Old plug]

Mitch------I agree with you. I think My daughter at least regard her Do-It-Yourself projects like creative art or something. sje has some pretty good tools to use for these projects. Of course when That happens I do not get very much done. Only two things she has never borrowed from me is my little cement mixer and my MIG welder. SO FAR.

[oneshot]

Oh had another day. Picked Green Beans, Tomatoes, Cucumbers, Black Berries and Strawberries. Then killed 7 Rabbits, caught 4 Trout and gathered 4 Eggs.

oneshot

[BilletHead]

Life looks pretty good there in OneShotville. Doing it yourself instead of relying on others,

BilletHead

[oneshot]

I thought you bought a cabin on the river to stay at on weekends a few years ago?

Got a Picture of the outside of our Cabin. Give me more room for Bed and Front room.

This is where we live now

oneshot

 

[Al Agnew]

Money makes a lot of things easier, and some things more enjoyable.  But the problem I've found with having money is that I'm always worried about losing it.  For instance, Friday and today with the stock market.  Back in the old days, if you wanted money for retirement outside of Social Security, you saved, you kept it in the bank, and earned a decent interest rate on it.  Back when I was teaching 35 years ago, I figured if I could just build up $200,000 by the time I was ready to retire, I'd be getting at least 5% interest rate on it and, along with the teachers' retirement fund, I'd be taking in another $10,000 a year in interest and I could live like a king in retirement.  Of course, given that I was making about $8000 a year as a teacher back then, I had no idea how I waas going to save that much money.  I quit teaching, and there were a few lean years in the artist business, but soon we were bringing in enough money that we were investing in 401Ks and retirement plans and mutual funds.  We saved a lot of money...but as is the case with lots and lots of people these days, it's all dependent upon the stock market.  You can't stick it in the bank and only earn .000005% on it, you might as well bury it in the back yard.  And now I'm getting to the age that I'm seriously considering what passes for retirement for an artist, which is only painting when I feel like it and painting only what I really want to paint.  Is the market going to make me have to keep painting like crazy?  Heck, since my business depends upon people with plenty of disposable income, will painting like crazy even bring in the money?

If you don't have a lot of it in the first place, you don't have those worries.  Of course, you probably have a few other worries.  I guess the key is to live for today...and don't worry, 'bout tomorrow, hey, hey?  (People my age might remember the song that came from!)