Saturday, March 7, 2015

How To Go Broke Quickly!

     The PBS stations pitch products  with abandon. You're asked to adopt a kid in Africa, support a dog with a monthly contribution, take care of a serviceman with near morter wouds (for only $18 a month, deducted directly from your credit or debit card) or help the lepers in Basosutoland with a modest amount every month.
     These fund raisers are relentless with their pitches. If you subscribed to them you would be broke in six months! Would you pay $1,1800 for a pair of tickets to Andrea Borchelli's concert in New York City?  Some people would. Others are contented to watch his hour special on PBS=TV ("Portofino") for free. You can't beat that!
     QVC has made millions pitching everything from can openers to faux diamond studded dresses. Everything they sell on the air is overpriced and something you don't need. But viewers become compulsive buyers and eagerly buy the stuff. One little old maid was found in her one-room cottage deceased, surrounded by unopened boxes of irreistable goodies from QVC.
     By the time anyone has sent money to help out the homeless and the hapless, they will soon find that their bank account is being milked monthly. Small amounts at first. Then more later. Little by little. For example I had a very reasonable insurance for our auto and house, combined for a total of $90 a month from Liberty Mutual. A year later the monthly rate had climbed to $145.00!
     I am now shopping around for another insurance company, although Liberty Mutual has pleaded for another week to offer lower insurance premiums for the car and house, without any loss in the coverage. We shall see.
     Sorry to report all this bad news. But I did receive some good news in the mail today from my savings account with Bank of America. They rewarded me with $0.1 interest. Hooray!

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