Live within your means in Testing.... testing... 1, 2, 3...

My wife's best friend, Tiffany, is a college graduate with 3 jobs. Yep, 3 jobs! She needs them because she's broke. She hardly has time to sleep, she drives a basic sedan, she lives in an apartment, and has bad credit because she's always been broke. And her plans this weekend? Going to Las Vegas. Yeah...

I joke with my wife that Tiffany should just hire me as a personal accountant. How do you have 3 jobs, drive a basic sedan, and live in a simple apartment and be broke? Where does that money go to? Useless vacations, designer brand crap, and just partying. Her parents failed at teaching her about money and finances. Probably taught her to live off credit cards and 0% financing offers at stores

And probably partially due to pop culture romanticizing the fantasy of nonstop partying and designer brand outfits and that whole YOLO thing, haha

On another note, my wife and I are still trying to sell our condo. If we can't sell it, we're also looking at people to lease it out to. The first candidate's portfolio looks like this:

• Gender - Female
• Marital Status - single
• Children - two (one 5 year old and one toddler, different dads)
• Occupation - Pharmacy Manager
• Income - roughly $9,000 per month
• Credit Score - terrible!
• Vehicle - Lexus, misses payments on occasions
• Student loan - does not pay back at all
• Previous residency - an apartment, missed payments there too
• credit cards - constant late fees, minor debt built up

How responsible is she? I mean $9,000 per month? That's more than my wife and I combine to make. And what do we show for it? A 2-story, 4-bedroom, 2.5 bathroom house in a nice neighborhood in the suburban outskirts of Houston, two cars, great credit scores, student loans paid for or on schedule to be, and a condo on the side to sell or rent out. I hope we could teach our son to be as financially responsible as we have been

moral of the story: Life is a marathon, slow and steady will win the race. Sprinting faster than you're capable of will exhaust you and you'll be stopped in your tracks

Have a Nice Day!