Generation Bugaboo has to Learn to Save

When high-living standards meet a credit card, you’re lucky if you break even

Generation Bugaboo has to Learn to Save

Observing the financial devastation that corona has inflicted, with one local shul of working people suddenly serving daily dinner to 250 families, he notes that sky-high living standards – including Pesach in Florida mansions and glitzy parties – will have to come down.

“Those involved with helping families get through the month keep davening for the high life to end,” he writes, adding why this belt-tightening should take place even for those who are still financially successful.

“Months ago the nisayon was to live within one’s means and stop keeping up with the Joneses. Now it’s time to scale back and live below your means. If you’re fortunate enough to be where you were on Tu B’Shevat, then do it out of good taste because many of your neighbors are in a very different place.”

Well said, but there’s more to it than decency.

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