Top 10 Reasons Why You Do Not Need A Savings Account.

While I pack my bags for my return to New Mexico, here is a re-publish of a post I enjoyed writing that appeared here on My Two Dollars about 2 years ago.I am looking forward to getting back to real life!

Top 10 Reasons Why You Do Not Need A Savings Account…

10. Mattresses are more comfortable with a stack of ones underneath them. Have you ever slept on a mattress with no money under it? Ugh. How uncomfortable!

9. I do not ever want to retire. Ever. Working gives me time away from my wife, ya know? Besides, I enjoy being hunched over at work at 94 because I refused to save any money.

8. Did you SEE my new 72 inch flat-screen? The Apprentice looks fantastic doesn’t it? Oh, and sorry you have to sit on the floor and eat dirt, as we cannot afford chairs or food yet.

7. Though the idea of saving sounds nice, I am not comfortable with allowing the bank to hold all my money in their drawers. I mean, what if they get robbed or something? Then all my money is gone!

6. If I lost my job, I am sure I could get another one in like a day or so. McDonald’s is always hiring. (OK, maybe not in this economy…)

5. The ability to buy a house someday is overrated. Mowing one’s own yard is for the birds. I would rather rent forever, own nothing, and listen to my 312 neighbors through the walls. Nothing like arguments in the middle of the night, listening to people go to the bathroom or strangers burning down the place while you are sleeping to make you feel right at home, heh?

4. I like to count on only myself to make money. If I start depending on the bank to compound my interest, who will I have to depend on next to give me free money?

3. There is nothing like the feeling of walking around with every dollar I own in my wallet. It makes me feel like an incredibly rich man.

2. I could die today, so why save for tomorrow? People that save money are not living for today, they are living for the future, and that makes no sense to me. I might not even be here tomorrow! If I run out of money then, I will figure it out. No worries!

And the number one reason to not have a savings account is….

1. If my car breaks down, I have my credit cards, you know? Why put away money for such stupid things like emergencies or whatever when I can just spend it on something cool today?

So why don’t you need a savings account? What’s your excuse for not having one?

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Comments (13)

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  1. Miranda says:

    Great post. I had a good laugh. Hope you are enjoying the holidays.

  2. Ha ha! Great post, but you made one mistake. McDonalds IS hiring … MBA’s from Wall Street banks to run the fry and shake machines! (burgers are too complicated)

  3. david says:

    As they should Ron, as they should!

  4. doctor S says:

    Never gonna retire b/c you want time away from your wife!!! One of the best lines I have ever read on any blog, and this coming from someone who is contemplating engagement! Great read this morning!

  5. wyche128 says:

    It will slow me down when I have to get cash for the gentleman’s club!

  6. david says:

    Nice one wyche128!

  7. Rich says:

    Saving is for suckers. Everyone knows that the government is drastically under reporting inflation which means that any money in a savings account is losing way more than you think. So you might as well spend it now.

    Oh, and for #8, the cash pays for the tv, but the couches and living expenses go on credit, duh. 🙂

    Thanks for the laugh!

  8. […] we’ll say that it’s a great place to see money build up for the future without creating lumps in my mattress. In fact, years I was happy enough to get virtually no interest and just have a handy place to […]

  9. @ #5:

    Don’t forget the people upstairs who walk like they are carrying an extra 100 lbs and the kids who bounce balls on your head all day!

  10. B Simple says:

    Great post. These are definite reasons to save.

  11. kitty says:

    Rich hit on reason #0: if we get a hyper-inflation the money will disappear anyway but I can sell my 60+ inch TV.

    It’s funny, but it is indeed the way people think in some countries. In Russia, for example, there is increased buying of electronics and canned food now – not a huge increase yet, but more than normal – because some Russians worry that the savings may vanish as they did in 1998 but a TV can be sold.

  12. Emily says:

    Haha, I love this. It’s funny, but there is definitely reality to this…I really think this mindset is what got us into the recession. Buy now, pay later, and living above your means.

  13. jo says:

    retardo dod dod mexicano