So you want to be a Millionaire

The one thing that amazes me most about the partial government shutdown, and no, it’s not how Democrats refuse to support now what they all agreed was necessary less than ten years ago. It’s the fact that so many of these federal workers were unprepared for the possibility of being furloughed as a given in their jobs as federal workers.

How many government shutdowns have there been? Gee, only 17 times since 1976. That’s one government shutdown every two and a half years. In other words it’s part of the job description that you will likely be furloughed multiple times over your government work career. So why are so many people caught with their proverbial thumbs up their posterior? The answer is that just like the government, they spend too much of what they take in. Now before you feel too sorry for these federal workers, they make an average of 17% more than comparable jobs in the private sector and are more generously compensated with benefits like healthcare and retirement plans.

According to a recent article on Forbes.com 78% of US workers live paycheck-to-paycheck. Read that again. Seventy-eight percent of people live paycheck-to-paycheck. That astounds the heck out of me.

Prager University has a solution to the problem:  hard work & planning.

Aloha, Mikie ~just a blogger (fightin’ like a girl)

~Psst, tired of politics? Check out Travel in the Categories drop down menu (right side panel) for my blogs posted from interesting locations during my travel adventures.

2 Responses to So you want to be a Millionaire

  1. Anonymous says:

    bitter, bitter, bitter

    • Mikie says:

      No, I am not bitter. It’s sad, but I’m not bitter about it. How much emergency cash do you have on hand?

%d bloggers like this: