Wednesday, June 27, 2007
A middle-class husband and wife live on the razor's edge of deficit and seek advice from Get Rich Slowly (GRS) when their spending habits turn a wrecked car into a financial emergency.
GRS: “Well, what about the cable bill? You’re paying $60 a month for that. That’s an easy one. What about cutting back to basic cable?” [I would add, ". . . or no cable?"]
Debtor (wife): “Yeah, but we can’t cut cable. Tom would have a fit.”
It looks like Tom is going to be very fit from walking to work.
Take the quiz: Is cable a necessity? Answer in comments.