My wife and I are going through a personal finance program over the next 12 weeks.  We meet once a week where we watch a video, have a discussion and go over material in a group. We then have homework during the week. The goal is to get our financial house in good order and be better prepared for emergencies and retirement.  As a result I thought it would be fun to do a series on personal finance.  I know many of you struggle with money, how to keep it, spend it and use it the way you want. So, let’s investigate shall we?
 

When do you use a deodorant?  Most often you don’t use it when you stink, but before you stink. It’s a preemptive strike against the possibility of stink.

How is money a good deodorant?  From the cynical point of view what it really means is that you stink but you have so much money that those around you are willing to suffer through the stink to get close to some of your money. In this case we are not talking about a physical odor. We are talking about a moral, ethical or behavioral failing being the ‘odor’.

Another way of looking at the quote, less cynical – more positive, is that money is a protector.  It is a buffer from you being in a situation that might stink, such as an emergency of some sort.  After all, if you have an emergency fund then your emergencies (and you WILL have emergencies) won’t be nearly as catastrophic, right?  You will be able to pay for them if you have saved knowing they will happen.

What tricks and tips do you have surrounding your personal finances?




Drawing and commentary © 2021 Marty Coleman | napkindad.com

 

Quote by Elizabeth Taylor, 1932-2011, American actress