Tuesday, November 9, 2010

Looking for financial advice

I wanted financial advice.

So I went to some websites like CNN that offered it, and I found nothing.

Now, understand, these websites had content. Well-written content. Possibly even helpful content, for someone else. But for me? Nothing.

I don't have a 401(k). I am not remodeling my home. I don't itemize my taxes. I'm not investing. I don't have children to co-sign a loan for.

I get that wealthier people are more likely to pay for financial advice, so if gurus are writing books, they would want to target that market. But on free websites? What's up with that?

Apparently, for folks like me (and remember, I have the median income for single people, so there's a lot of people at least as broke as me), there is no advice. Oh, wait, I forgot, we are told to "budget." But if we spend more than we earn? We should get rid of our luxury vehicles, stop buying season tickets, avoid buying full-price furniture, and stop paying someone to mow our lawns.* Ha ha ha, they weren't actually talking about me! Oops!

The sad truth of the matter is that, once you get down to a certain income, there is only one way to spend less: Cut back on necessities. Buy unhealthy food, forego seeing the doctor, let your phone get cut off … Now, I'm not there yet. I could get a cheaper living situation (which would mean a roommate, realistically - anything else would burn as much gas as I'm saving in rent). But for all the folks out there who are poorer than me - who wants to give them that kind of depressing advice? Who wouldn't rather say, "Oh, just give up your daily latte," than "Yeah, sorry, you're going to have to give up fresh fruits and vegetables"?

1 comment:

turducken said...

* Technically, since my landlord pays someone to mow our lawn, and I pay him rent, I guess I do pay someone to mow my lawn.