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Wednesday, November 18, 2009

Quote: I am a high income professional but I am battening down hatches as fast as I can

I came across this at Instapundit. I only skimmed the links, which do have good advise. It was the reader's comment to Glenn Reynolds (the blogger "Instapundit" and the "voice" in the post) that got my attention.

LEAD US NOT INTO DEBT: Megan McArdle on Dave Ramsey.

His debt advice sounds good — I don’t really have any debt except a modest mortgage, so I haven’t tried it, since we’ve always favored a sort of Dave Ramsey-lite approach to finances — ...

UPDATE: Some related thoughts from Megan here.

ANOTHER UPDATE: Reader Michael Kennedy writes:
I think we are in for a long and severe period of fiscal bad times. I am a high income professional but I am battening down hatches as fast as I can, including selling things I don’t need to own. Those kinds of links will be popular, not as popular as they should be, but that will change. It is heavy weather ahead and worse than we have seen since the 1930s. The fools running the country have no idea what they are doing.

It does appear that way. But perhaps we’re simply too dull to fathom their cunning plans.
Next time someone pokes fun at your prepping-- tell 'em you're battening down hatches, just like the "high income professionals."


Ken said...

...i'm a "moderate income specialist"(?)...lmao
...and i've been battening down the hatches for years...lets see who wins...

Marica said...

My money's on you, Ken!

A close acquaintance who knows our views, and what we're doing, walked into John's office a couple of months ago. Said he'd always thought John was just a bit off espousing all this prepping/survival stuff. Also said he now thinks right.

So nice when people finally "get it."

But my money's still on you!

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