There once lived a little grasshopper in a green meadow. All day long he went chirping and jumping around to his heart’s content. One day, along came an ant with a load full of corn that he was carrying to his nest.
“Why not come and chat with me”, said the grasshopper, “instead of toiling the way you do?”
“I am helping lay up food for the winter”, said the ant, “and recommend you do the same.”
“Oh, pish posh. Why bother about the winter”, said the grasshopper, “when we have so much food at present?”
But the little ant just shook his head and went about his toil. When winter came the grasshopper could no longer find any food, and found himself dying of hunger, while he watched the ants enjoy their harvest of grain that they piled up for winter. And then the ant knew…
“It is best to prepare for the days of necessity.”
If you are familiar with Aesop’s fables then you know this to be my slightly modified version of the story. As we approach winter here in the northern hemisphere we are also approaching an economic winter. Whether it will be mild or harsh is yet to be seen. Truth be told, we will see in the coming months and years who acted more like an ant and who acted more like a grasshopper.
But here is the bright side of things. You can start at anytime you choose to be more like the ant. Right now you can choose to prepare for days of necessity. You can choose not to get in over your head with debt, and you can choose to live frugally, and start storing away some of your hard earned money for winter.
You can start by reading my 11 Little Steps to Improve Your Finances…
Once you are done there you can head on over to the top 5 personal finance blogs I read for more in depth reading on improving your financial life…
This kicks off a week of writing about personal finance and the economy. Please give me your thoughts and what you would like to see written here about these two subjects. I am an avid student of the economy and love sharing what I discover. I believe knowledge is what will help us calm our economic fears. So subscribe to my RSS feed by reader or by email so you don’t miss a thing! 😉