[OCCASparky]

And the watch in question retails for nearly $5K...



IOW, he's wearing FOUR of my house payments on his wrist. Not smart dude, and frankly, I find it a bit difficult to feel sorry for someone who didn't set their priorities straight and just **HAD** to have the "bling-bling" before satisfying basic necessities.

[Leisler]

He’s 29, what’s to worry about?

[Tax-chick]

I agree - that’s four months of my house payment plus wine! 29? I was living in a $450-a-month rental house on a gravel road (with husband and two kids) and driving a 15-year-old Toyota mini-truck when I was 29. And my husband was an engineer, too.

[radiohead]

You’re right, he should have saved for a rainy day. On the other hand, the guy is just 29.

We do a terrible job of teaching our young people about economics, both on the national and household level.

They don’t learn about history, especially if he was an engin major : ), so they don’t know that the economy can go down as well as up.

Our young military go to the payday loan sharks situated just outside the base gate, not understanding that the interest rates charged will have them in repayment for months, not just the next paycheck.

Teach your children, folks. And listen to Dave Ramsey. (free plug, Dave, you don’t owe me anything) : )