MercyMe
Recycles dryer sheets
- Joined
- May 7, 2022
- Messages
- 227
My spouse and I have not been spending money for the last three or four years. In fact, total expenses combined for the last three years were a bit less than our total spending just in 2018.
With one or two exceptions, we have always been frugal and we've both come to feel like today's inflation is mostly because of excessive corporate profit motives and less because of supply chain issues. That idea gives us a tiny bit of satisfaction in not spending money. We feel like we're not feeding the greed machine. We do still donate a good portion of our income to our church and two charities.
It would be foolish for either of us to think we alone could thwart the direction of inflation with our own spending habits. Nor do we think the corporations are wondering why the two of us aren't spending as much as we could. But we got to thinking that by saving money now and keeping it wisely invested, that we are setting ourselves up to be able to spend more later... (here comes the insanity)... when the price of things isn't so high.
I hope that is not too laughable, but even I chuckle a bit at the thought.
Here is an example. We haven't been on a vacation for four or five years. It's just so crazy expensive to fly and stay anywhere that we would like to visit. My unspoken thought is "Let the uber-wealthy spend down their fortunes and when that world runs out of money and prices come down, we'll be able to take a nice trip."
So we don't take vacations, the money stays invested, and perhaps one day travel will become affordable again. Then we'll be able to take a nice vacation or two each year. This implies deflation and that seems so unlikely. It would probably take one heck of a recession for prices to lower, and if that doesn't happen then we may never travel again, ever.
Do you ever feel that spending money contributes to inflation? It's been said that every dollar is like a vote. I don't want to vote for the price of things to keep going up.
Now, please take it easy on me. I know this is all a bit ludicrous.
With one or two exceptions, we have always been frugal and we've both come to feel like today's inflation is mostly because of excessive corporate profit motives and less because of supply chain issues. That idea gives us a tiny bit of satisfaction in not spending money. We feel like we're not feeding the greed machine. We do still donate a good portion of our income to our church and two charities.
It would be foolish for either of us to think we alone could thwart the direction of inflation with our own spending habits. Nor do we think the corporations are wondering why the two of us aren't spending as much as we could. But we got to thinking that by saving money now and keeping it wisely invested, that we are setting ourselves up to be able to spend more later... (here comes the insanity)... when the price of things isn't so high.
I hope that is not too laughable, but even I chuckle a bit at the thought.
Here is an example. We haven't been on a vacation for four or five years. It's just so crazy expensive to fly and stay anywhere that we would like to visit. My unspoken thought is "Let the uber-wealthy spend down their fortunes and when that world runs out of money and prices come down, we'll be able to take a nice trip."
So we don't take vacations, the money stays invested, and perhaps one day travel will become affordable again. Then we'll be able to take a nice vacation or two each year. This implies deflation and that seems so unlikely. It would probably take one heck of a recession for prices to lower, and if that doesn't happen then we may never travel again, ever.
Do you ever feel that spending money contributes to inflation? It's been said that every dollar is like a vote. I don't want to vote for the price of things to keep going up.
Now, please take it easy on me. I know this is all a bit ludicrous.
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