Chapter 7 was really confusing for me. I do not understand stocks and why people would put a lot of their money on something they have no control of. They could end up with more or nothing at all. I understand why you would help your loser brother in law that needs to go to anger management classes because he is your family and needs help. But why would people give money to something they have no idea what it even is? Is it just because you might get money back? what happens when you don't get any money back you only loose money?
One thing that I did understand and found interesting was the Serve. Invest. Repeat portion of this chapter. Don't go out and spend your money just because you have money. Saving your money will be better in the long run. "The cost of living better in the present is living less well in the future" (169). You cant have it all, all the time you need to be wise about your spending. Wheelan says it himself its not that hard "save early, save often, and pay off the credit cardS" (169).
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