I recently attended funerals for individuals who were older than 90 and 100 years old. As usually done at funerals, family and friends shared stories about the deceased. One theme that emerged at both funerals was that the older generations were more frugal. Shaped by the depression, they spent less than they made and had no expectations for assistance. At the funeral people repeatedly quoted the refrain, “Live beneath your means.”
Living beneath your means is a great lesson that some people have no concept of; instead they choose immediate gratification via debt. Another wise quote passed on to me at one of the funerals: “It is not about how much you make but how much you save.” It may mean giving up something in the short term for safety and security down the road.
Government is made up of people, and government’s results are dictated by those same people’s expectations. It seems like fewer people want to manage government by the numbers. Instead, they leave the ramifications of short-term gratification to someone else in the future.
I miss those who have passed. However, their life lessons live on.