A neat little first reader(mostly boy and dog themed) from 1888, New National First Reader. More at my library.

LESSON I.

dog it is a dog
It is a dog.
SCRIPT EXERCISE.




The drain on our money has been gradual; it didn't just happen during the recent recession. I haven't looked at the numbers, but I could swear we are worse off, as far as disposable income, than when we started a one income family in 2001! We are blessed to have employment and a roof over our heads, but even that isn't guaranteed these days. One smart thing we did was to pay off our mortage in about ten years. We plan to live in our current home forever, so it was worth it for us. We'd be struggling if we had a mortage on top of everything else. We'd do it, but it would be just scrapping by.
I look back at our disposable income in 2001, and I think we were spoiled; it was nice while it lasted. It's amazing how quickly the new normal becomes an accepted part of life.
My advice is to live way below your means, and sock away as much as you can for the future. Be careful about purchasing a house, as the market prices for homes are still bloated in many areas of the country. You don't want to purchase a home that will devalue. Get out of debt, and stay that way. Cut corners and make it a way of life to cut expenses in every area of your life. Cutting back small percentages here and there all add up to big savings. Personally, I think personal wealth will continue to decrease before it gets better. Our current economic state is still lousy. Our country has big debt, below-average GDP growth. and slow job growth. When we have an upswing in the economy, and we will because these things are cyclical, that will be the time to kick your savings into high gear. Save, save, save, or the prospect of eating dog food in retirement might not be too far fetched.

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