His net worth was reported as extremely low.
Now we know where all the money went. At least it’s nothing to be ashamed of, other than the extravagance of it.
If you’re a senior Federal judge and have only a few thousand in savings, perhaps you should consider putting some money in the bank every month.
Do you have numbers? Are we talking "low" by normal people standards, or "low" compared to those who have been running the government hustle for decades?
“If you’re a senior Federal judge and have only a few thousand in savings, perhaps you should consider putting some money in the bank every month.”
I agree with you overall ... I’m a saver. However, these judges get pretty good pensions. That probably explains the behavior. Quite frankly, if I was looking at a solid pension, I’d probably spend a little more and enjoy life now vs. waiting until retirement.
I use my CC for everything. I pay it off at the end of the month though (no exceptions). There are many perks/discounts/points/cash back offers when you do this, but they’re all for naught if you don’t pay the balance off on time every time! :-).
If there was a discount for using cash these days, I’d certainly go that route (there are some cases, but they’re few and far in between these days) ... this is the next best thing.
And here I’d suggested that he maybe owned a boat, or as one fellow put it a hole in the water into which money is thrown?