Hi there, Mrs. 1500 once again, asking if you would invest in a local business. But before I give you all the juicy details of my opportunity, let’s recap last weeks answers.
If you recall, last week I asked you how you handled being “The Rich One.” The one in your group of friends or family that saves your money, rather than spending at least all you have. People notice that you don’t have a brand new car, or new clothes all the time, or designer watches, purses, shoes, etc. They make comments, they chide you for being a saver, but most of all, they expect YOUR money to be spent on them. So how do you deal with it?
save. spend. splurge. said “You call them out.” Her brother would always let others pick up the tab, until she finally made him do it. She is sure he has finally figured out that he needs to pay his own way now that she has said something. YAY!
Done by Forty agrees that sometimes, you get a sense of pleasure being able to treat someone. But when it isn’t my idea to do the expensive thing, it really doesn’t make me feel so good to foot the bill.
Reader Renee has family that just assumes that since she attended college on a bunch of scholarships and has no student debt, and since she doesn’t have cable and rents a cheap apartment, she should pay for everyone. She has explained that isn’t the way the world works, and thinks she might be getting through… Good luck. I would love to hear about how you made it through school without debt.
Mrs. Y from Live Happy, Retire Early has the friends that I want to have. The kind that don’t seem to care or expect them to pay for everything. Nice. She did make a very striking statement: “It is interesting how people tend to judge your financial status based on the material things you have.” How many people do you know, who have a nice car/phone/clothes etc, but live in a horrible neighborhood or live paycheck to paycheck because they spend everything they have?
Which is a sentiment Kay from Green Money Stream backs up with her comment about a friend of her husband’s, who has a high-paying job but can’t seem to save any money. “Meanwhile they always eat out, have tons of gadgets, and always buy coffee out in the morning (even leaving the house on weekends to get the coffee and drive back home with it).” There is a family down the street from me who is constantly having money problems, but I see them drive away from the house everyday, only to return with Starbucks cups after having been away for about 15 minutes. ARGGH! I think I see the problem…
Tara from Streets Ahead Living had a GREAT suggestion. The next time the freeloading person suggests something expensive to do, or something you KNOW they cannot afford, simply ask them if they will be paying for themselves. Brilliant! Of course, now I have to put it into action…
Thanks for all the replies. I really appreciate everyone taking the time to read and respond. You will notice I did not reply to many of your responses. I did read through them all, and actually thought I had responded to most of them. No idea why they didn’t show up… Maybe I did that thing where you THINK you respond, but you actually don’t?
Let’s forge ahead to this week’s question, Would you invest in a local business? Let me give you some details before you reply. When we moved to our first house in Colorado, we had seen a brewery/pizzeria in a strip mall. We didn’t know what to think of it, and didn’t want to waste money on bad food or beer. A few weeks later, they were included in a coupon mailer so we tried them out. (The 1500’s are pizza fanatics. Check out our 10 Questions and a Pizza Place series!)
We loved their pizza. Mr. 1500 loved their beer. Microbreweries are experiencing a HUGE surge right now. Sales are through the roof, and increasing daily almost everywhere. Even the big breweries are noticing, and doing something about it.
So, would you invest in a local business that you believe offers a good product? The signs in the restaurant said they were looking to raise money, and you could talk to a manager about it. So we did, and we have an appointment on April 12 to discuss it further.
If you would invest, what questions would you ask them? We already know to ask about the obvious, finances from the existing location, plans for expansion, etc. Do you have any other questions you would ask?
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