Posted Dec.07, 2008 under
random
That people still live in a walled garden. That they are not informed. That they jump head-first in areas they do not know anything about.
For example, everybody knows we are facing a crisis, right? Almost! Because if you ask Romanians on the street, chances are that half of them do not know about a crisis and the other half think the crisis will not affect Romania.
The weird part is that all of them watch TV and read the newspapers. So…they should be informed. Should be. Is is my responsibility to stay informed? Yea, I think that if I have savings in a bank and I work for a company I should stay informed regarding what my money are doing and what the papers are saying about my company.
I have a friend that bought on lease a very expensive car. He didn’t have any worries about paying 600€ monthly, he had a good hob. Had. A few weeks ago the company made some changes and he was fired. Now he is looking for someone to take on the lease of the car. Needless to say that car does not deserve a 600€ a month payment.
My father had some money in RON (Romanian currency) in a bank. I told him to put the money in euro in various banks. Don’t keep all your eggs in one basket. But why? Don’t you read the news? I do. So? Well, pay attention to what they are saying. If you look carefully, the news say in 2009 Romania will face a crisis and the RON will drop to 4.3-4.5 to an Euro (even more, some say). So, keep your money in a currency that is safer.
I am amazed that people think it is not going to happen to them. Yea, I know, but it’s not going to happen to me. Until it does.