Henry Bodget writes in the December Atlantic that it is no use to blame banks, Wall Street executives or Senators or anyone else for the current crash. He says it is all part of the normal cycle of capitalism. He is partially right. I think there are those who should be held accountable for any number of missteps. But in the end we are the ones responsible for our own decisions regarding money.
Blodget concludes with pretty good advice for the individual and the bigger businesses. He says that we who have learned firsthand from this bust “can take pains to make sure that we never make similar mistakes again”. He lists four things–
1. Save more
2. Spend less
3. Diversify our investments
4. Avoid buying things we can’t afford
Now if we can only just do it!
Darris McNeely works at the United Church of God home office in Cincinnati, Ohio. He and his wife, Debbie, have served in the ministry for more than 43 years. They have two sons, who are both married, and four grandchildren. Darris is the Associate Media Producer for the Church. He also is a resident faculty member at the Ambassador Bible Center teaching Acts, Fundamentals of Belief and World News and Prophecy. He enjoys hunting, travel and reading and spending time with his grandchildren.
