March’s (Financial) Retard of the Month

 

Trent Hamm bought the horns and codpiece at a yard sale. And used a Groupon.

Trent Hamm bought the horns and codpiece at a yard sale. And used a Groupon.

 

Trent Hamm, stop being the Antichrist.

Readers, think about what you love most in the world. Sex? Beer? Malasadas? However strong you think your affection for it is, whatever it may be, your love will never compare to the animalistic lust that Trent Hamm has for adverbs.

adverbs

Every damn one of those adverbs is unnecessary, particularly Trent’s ultimate go-to word: “simply”.

Referring to the old computer he plans on getting rid of:


it’s likely time to replace it, which means that I’m starting the replacement process.

It’s not that he repeats himself, although he does (oh GOD does he) but that he’s too lazy and/or illiterate to even consult a thesaurus.

The worst part of this late-term abortion or early-term post-natal infanticide of a website is his “Reader Mailbags”, which are as fake as anything Ronaiah Tuiasosopo ever concocted on a late-night chat session with a lonely and dull-witted All-American linebacker.

That’s not a big deal – all forms of publicized reader correspondence are fake – but at least most advice columnists go to the trouble of giving their ersatz letter-writers problems that the columnists themselves don’t have. Not Trent. If it doesn’t deal with potluck dinners, board games, or finding 500 uses for a single penny, our boy’s not interested. Just look at this crap:

Q4: Leftover standby
Whenever we have leftovers of pretty much anything that’s not already a dish, I usually just chop it up, mix it with pasta sauce, and serve it as “spaghetti surprise.” This works for pretty much any kind of vegetables or meats that you have left over from a dish. We have this probably once a week and we actually kind of look forward to it because it’s a little different each time. – Keiko


We actually do this, too. We tend to save every single scrap of leftover vegetables for several different purposes, and this is one of them.
In just the last few months, I recall mixing leftover beans with pasta sauce for a meal, mixing broccoli and cauliflower with pasta sauce, and mixing leftover butternut squash with pasta sauce. I know we’ve done eggplant, too, in the fairly recent past.
Like you, we’ve found it to be kind of fun because it almost always makes an interesting and distinct meal.

”Q4”? Doesn’t the “Q” stand for “question”? Where the hell was the question? This was just an observation, the equivalent of writing “Sure is a nice day here in Sioux City. Not much else to report” to Dear Abby.

Furthermore, the structure has Trent’s 23EEEEE footprints all over it. “Keiko” used “pretty much” twice in 3 lines, which even the laziest advice-seeker wouldn’t bother doing. And again with the adverbs. “Usually”, “probably”, “actually” (another Trent crutch, although not quite as overused as “simply”), all of which are unnecessary.

We’re criticizing his limited vocabulary not because Control Your Cash is a site that focuses on English usage, but rather because Trent’s shallowness betrays him as a dishonest hack of the 1st order. Here’s another example, from the same mailbag:


Q6: Frugal solitaire activities


My job leaves me with a great deal of solitaire time. Not only do I live in a very low population area, my job is on a very weird schedule, leaving me out of sync with the few people that are in the area. I don’t like watching television much. What sorts of frugal solitaire activities can I engage in? – Eric


There are lots of things you can do. Read. Get yourself into shape. Play solitaire card games, board games, or computer games. Teach yourself a new skill you’ve always wanted to learn. Make something, and if you don’t know how, teach yourself an artistic or creative skill.
Boredom doesn’t have anything to do with whether there’s something to do or not. There’s always something to do. Boredom has to do with the person who’s bored and the choices they’re making.
There are times when I really envy the kind of position you’re in. Part of me would love to occasionally have a solitaire week or so where all I had to do was my basic work and I could spend the rest of my time catching up on personal projects.

The “letter-writer” has confused the word “solitaire” with “solitary”, a distinction that most 10-year-olds should be able to make. Fine, “Eric” is a little slow, whatever.

But then Trent makes the exact same mistake in the response. This is laziness on a whole new soporific level.

In all seriousness, we think we’ve figured out Trent’s M.O. for his useless advice columns. We know the man has zero imagination, as evidenced by his repeated references to potluck dinners and board games as the only activities of choice throughout The Simple Dollar. (Use the custom search feature on his site to see how often he uses each of those terms.) Therefore he must farm out this duty to someone trustable and easy to keep tabs on: his wife. We’d bet that he asks her to come up with 10 questions every week. Once she does, he gives them the final coat of polish that only a professional writer can apply – i.e., dropping in a surfeit of adverbs (and the word “frugal”, which we’ll get to in a minute), and editing the questions haphazardly.

Wait, we were so consumed with Trent’s atrocious form that we never got around to tearing apart his content. Just read his response to “Eric”. Is there anything in there that isn’t obvious, and did “Eric” need to consult a stranger instead of figuring the answer out on his own?

It’s the inelegant phrasing that gets us every time and keeps us coming back for more of Trent’s awfulness. “What sorts of frugal solitaire (sic) activities can I engage in?”

Who talks like that? Wouldn’t you say, “What can I do?”, or “What’s there for me to do?” Only stilted Trent “engages in activities.” And no one but Trent would reduce his poor imaginary friend’s search to activities that are “frugal.”

There’s another activity beyond the potluck dinners and the board games. Trent’s 3rd-favorite is reducing the size of his DVD collection. You think we’re joking. We are not. He’s mentioned it 153 times.

How is that even possible? How does the following thought never, not once, enter his corn-fed size 8¾ head?

“Hmmm…haven’t I written about this before? Haven’t I written about it 152 times before?”


Q10: Paring down a collection


I’ve finally decided to pare down my DVD collection (1,000 strong) to a total of 100 DVDs, then adopt a “one in, one out” approach with the remaining discs. My challenge is figuring out how to pare all of these down. How do I even go about it?

This is all from a single Reader Mailbag, by the way. But the apex of stupidity, the quintessential awful Trent Hamm Reader Mailbag question, comes from a “reader” named “Monica”, earlier in this particular collection. It’s going to require an extensive breakdown. Let us:


Q9: Family vacation property


My family is composed of my parents, their six kids, and one current and probably several future children of the third generation.

Even the worst ESL student in the country doesn’t string words together this messily. You couldn’t find a more confusing way to say that your parents are together and that you have 5 siblings, one of whom has a kid.


We love getting everyone together, but are scattered throughout the country, and our parents’ house was bursting with the eight of us growing up and is now overflowing on the rare occasion we’re able to get everyone in town.

So the house is uninhabitable because it now has one more person – presumably a toddler  – than it did when you were all living there long-term?


Over the past decade, we’ve been using graduations as a great excuse to rent a house for a week

Yes, having one extra person around – a minor, no less – seems like an excellent reason for ditching your parents’ place, which is free to stay at, so that you can spend money renting a house. Trent, where did you lose your way? Aren’t you the cat who advocated not opening your oven door because you’ll waste 2¢?


and get everyone together in that town.

Here’s another trademarked Trent maneuver – going to bizarre lengths to keep his “letter-writers’” backgrounds as grey as possible. What’s the danger in saying Bemidji or Glens Falls or Apalachicola instead of “that town”? Will we forever compromise the identity of “Monica”? Well, we do know that we can narrow down the set of Monicas to the subset of Monicas with 5 siblings and one niece or nephew. Excuse us, Monicas with 5 siblings and “one current and probably several future children of the third generation.”

We’re starting to feel like David Kaczynski must have when he read Industrial Society And Its Future and deduced that its author was his brother, the Unabomber. Another Trentism is the insistence on saying “children” instead of “kids”. We’re not sure why he’s so formal, but he can’t seem to help himself. Continuing…

We’d like to continue to come together, and have been trying to craft a long-term solution to this problem.

More clumsy phrasing, but heck…how often do 9-member families “scattered throughout the country” get together, anyway? This family is doing it far more than most.

What we’ve been half-planning on is buying land as a group, parceling it up, and developing it for vacationing in

Yeah, but how?

as we see fit.

Ah. NO ONE does the superfluous coda to a sentence quite like Trent.

The idea is that we’d have a nice place to get together that could accommodate everyone and that we could form an identity with over decades and generations.

“Form an identity with”? It’s a piece of land, not a first edition copy of The Settlers of Catan. (Joke about Trent’s proclivity for board games, for those of you who are just skimming this article, which we wouldn’t blame you for.)

Sounds nice, eh?

If you’re looking for validation from Trent, you need to keep looking.

Family, enough space for personal retreat, and the outdoors.We all have slightly different ideas for what our priorities would be, and so we’re starting to sort through those in conversation and email.

From the superfluous end of a sentence to the superfluous middle of an unending paragraph. So 8 adults want to do something in common, and their opinions are not completely uniform? Also, they’re using methods of communication to get their points across? Two methods, no less? What a wacky family.

Some possible issues are the predicted future income disparity and how that would affect people’s shares, issues with shared resources, and what happens if someone doesn’t pay their taxes, wants to opt out, or doesn’t want to take part at all. It’s probable that much of this will be put down in contracts.

Nothing is used like the passive voice is by Trent. Rather than have a sentence be propelled forward by active words, getting bogged down in dull and unmoving prose is much preferred by him. Your eyes cannot be taken off the screen, can they?

I think we’re on the right path in terms of being aware of some of the concerns, but I wanted to run the idea past you and see what you generally thought about the idea.

We don’t know if Trent does this consciously, or if it even matters at this point. Unnecessary adverbs, repetition of the same phrase twice in one sentence, and – shifting back to the content side – Trent’s relentless belief that no human since the Delphic Oracle has had more answers on more topics than he.

Do you have any resources, or know of families that have arranged as a group to do something similar?

Families with 6 adult children who live in different places, plus both parents, who’ve decided en masse to buy land? Sure, who doesn’t know anyone like that?


-Monica

Finally, the end. Jesus, Mary and Joseph. Look at that monstrosity. A 301-word question.

How about this instead? Again, keep in mind that we’re cleaning up the work of a deluded man’s imaginary letter-writer:

“My 5 siblings and I all love to get together with my parents, except we’re now all scattered throughout the country and can’t do it as often as we’d like. So we’re thinking of buying a piece of land – all of us. What’s the best way to set it up?”

You’re right, that’s terrible. Way too concise. Now for the answer:


I know of one family that did something similar to this,

Oh, you stinking liar. That’s more convenient than Lennay Kekua’s FaceTime never ever working, and Manti Te’o being content staring at a black screen. (No more Manti Te’o jokes in this post, we swear. We’re already at capacity.) We’d be content staring at a black screen ourselves right now, but we’re in this far and might as well finish our demolition of this awful, awful site created by this awful, awful man.


but what they ended up doing is having one family just own the land and hold family reunions on that land.

But Monica’s is just one family, is it not? So confused.


People would come there to camp or park RVs a few times a year. I’ve heard that the family passes the hat each year to pay for a large “bunkhouse” type of cabin

You “heard” this? The Mystery Clan’s cabin-renting method is a topic of interest in Greater Metro Huxley, Iowa? “Hey Jeb, word has it the Joneses leased out the old Smith place, ya know. They did it by soliciting donations among themselves. Also, they rented a large ‘bunkhouse’ type of cabin.” That might be the most exciting news to hit Story County since The Rabid Locust Plague of 1933, or the time that the Governor ran out of gas just off Route 210 on his way to Winterset.


with just a big main room and a bunch of bedrooms, but they’ve not put together enough money to build such a thing.

I do think you’re on the right path for this, given what you want to do in the end. You’re right, though – your problem comes with situations where individuals can’t hold up their end of the bargain.
The only purchase you’d really need to make together, though, is the piece of land. I would suggest buying an appropriate piece, then breaking it up into individually-deeded pieces. You’d likely want to talk to a bank about the best way to handle that process. Then, if one person can’t hold up their end of the bargain, that piece either goes on the market or one of the other family members buys it.

 

It’s called tenancy-in-common vs. joint tenancy, and why don’t you stick to things you know about, like how to empty out your Hefty kitchen bag, turn it inside out and use it again? Or telling women that they’re wasting money by spending as much as $4 on a swimsuit?

His advice is inane. His creativity is nonexistent. He’s fat (which doesn’t stop him from giving workout advice, but we’ll hit the preposterousness of that another time.) And yet 93,238 people subscribe to his twice-daily word dumps via Feedburner. That’s not proof of God’s non-existence, but rather proof that His sense of humor is impenetrable to limited human minds.

February’s (Financial) Retard of the Month

 

Breakfast (and lunch, and dinner) of Champions.

Breakfast (and lunch, and dinner) of Champions.

 

These never get old, do they? We could run with one of these for our (Financial) Retard of the Month, every month, until the sun burns itself out. We’d never exhaust the supply. The Indebted Overeducated Female Personal Finance Blogger is now officially a stock character, cousin to the Absent-Minded Professor, the Renegade Cop Who Plays By His Own Rules, the Hooker with a Heart of Gold and the Wise Asian Kung Fu Instructor.

Presenting Catherine at Plunged In Debt, not to be confused with Blogging Away Debt, Our Debt Blog, Debt Sucks Blog, My Journey To Eliminate Debt, The Debt Princess, So Over Debt, etc.

How far in debt is Catherine? Oh, not that much. Just $300,000. She explains her story:

I wanted to go to university, actually it wasn’t an option, I was going to university

(Note: “University” is the Canadian colloquial term for what Americans call “college”. In Canada, “college” is the equivalent of “community college” in the U.S. Also, they call Canadian bacon “back bacon” and call a house a “hoose”.)

Wait. Why? Why was it “not an option”? She doesn’t explain, but given that it was mandatory, she must have saved up enough money to pay for it, right?

I just didn’t have any money to pay for it.

That’s the very next line, by the way. But Catherine has a point. Why should you be denied something just because you can’t afford it? That’s the same argument we’re going to use when we visit our plastic surgeon and demand rhinoplasties.

By the end of my undergraduate degree I managed to rack up $32,000 in student debt and probably $2,000 in consumer/credit card debt.

Catherine is exceedingly detailed in the composition of her family, her insistence on getting a tertiary education, etc., but she omits one crucial detail. Exactly what was that degree in? It shouldn’t matter. One’s as good as the next, right?

Catherine mentions, when prompted by a commenter, that her undergraduate degree is in biology. She started what should be the productive part of her life $34,000 in the hole. Or $34,000 poorer than her high school classmates who didn’t earn useless degrees.

Here’s the funniest line we’ve ever quoted in the Retard of the Month series:

What’s even worse is that, although no education is wasted, my degree wasn’t going to get me much beyond a minimum wage job

Read that again. Here:

What’s even worse is that, although no education is wasted, my degree wasn’t going to get me much beyond a minimum wage job

So an education that isn’t “going to get (you) much beyond a minimum wage job” isn’t wasted. Chew on that for a minute. Now swallow.

Imagine buying a brand-new house that, it turns out, was built by an unlicensed contractor who used balsa wood for the frame and didn’t know how to reinforce a load-bearing wall. One day when you’re at work (at your minimum-wage retail job), the whole thing comes crashing down. But it’s cool, because no house is wasted.

Don’t be stupid. You can’t compare a commodity like a house to something as important as an education.

Why not? You can talk about intangibility all you want, but both the house and the degree are a commodity to someone. Try paying your tuition bill with poetry and freshly picked hydrangeas if you don’t believe us. You wouldn’t expect a consumer good to be worth thousands less than you paid for it, yet people implicitly expect their educations to be worth less than they paid for them all the freaking time. Catherine just admitted as much.

To her credit, she came to her senses and realized that despite her B.S., and also her Bachelor of Science degree, she needed to earn money and immediately:

the only option I had was to further my education.

Or not.

So Catherine became a dental hygienist. We’ll leave out some intermediate details, but just know that she finishes up by saying:

By the end of my second degree, before my life had started, I now had $106,000 in debt.

She’s married. Let’s read about her rosy-cheeked “hubby” (her emasculating term, not ours):

Hubby went to university, then college, racking up a total of about $10,000 total in line of credit and student loan debt. He has a credit card maxed at $2,000

He went to university first? Again, no mention of his major. But, as the above sentence ends:

not a huge deal.

Compared to $106,000 in debt, no. Kind of like how a person who’s 40 pounds overweight can point to Manuel Uribe and say, “My waistline? Not a huge deal.”

we also owe another approximate $5,000 in various credit that we can’t really account for.

By “can’t really account for”, does she mean “can’t really justify”, or can she literally not account for it, i.e. can’t tell you where it came from? Oh well, who cares? It’s just $5,000.

now that we have a baby (and I’m on maternity leave) extra funds for additional payments beyond the minimum for credit cards is near impossible.

Now they’ve gone from being merely stupid to being straight-up bad human beings. Because there’s no better time to have a kid than when you’re $106,000 in debt.

“Who are you to tell her when she should have a baby, you insensitive clod?”

The inescapable truth of the matter is that babies cost money. Lots of money. Not only that, they preclude your ability to earn further money.

How do we know this? A) It’s obvious and 2) Catherine said so herself (in a manner of speaking.) A couple of days ago Plunged In Debt ran this lousy sponsored post. Here’s the money quote from the Indian remote assistant who wrote it:

[Y]ou have to consider that raising children will increase your family’s monthly expenses dramatically. Secondly, just the medical bills from giving birth alone will rack up a good chunk of debt. If you are not in control of your debt and have a tight budget before you have children, you could quickly find yourselves in a downward financial spiral afterwards.

In 2013, we have bloggers who run sponsored posts that warn you to avoid the detrimental activities that the bloggers themselves proudly undertake. This is what it’s come to.

Still, at the very least, by now Catherine finally figured out that she and Hubby need to be hyperfrugal for the next…well, until their kid is driving and registering to vote.

Not quite. Check out this post, improbably titled “I WILL Partake In Lifestyle Inflation”, and the all-caps emphasizes her point. Catherine lists all the things she’s going to do once she pays off that $300,000, which will never, ever happen. She fantasizes about vacation savings accounts and second cars, much like a maximum-security prisoner will close his eyes and think of Mexican beaches and consensual heterosexual sex.

As for that projected second car, she spends 2 hours a day on the bus, which is depressing enough when you’re in high school. In adulthood it’s just embarrassing.

We’re not in this situation because of any vast overspending or living beyond our means (not to say we haven’t put stuff on credit that we shouldn’t have)

Is there any self-awareness anywhere, or did it all disappear with cassette tapes and floppy disks?

Honey, we hate to be the ones to break this to you, but you’re in this situation ONLY because of vast overspending and living beyond your means. Your parenthetical comment contradicts perfectly everything it follows in that sentence. But hey, you’re going to have a vacation savings account one day. When you’re 130, but still.

From later in her About page:

I’ve always loved…budgeting

We give up. This crossed into self-parody several (Financial) Retards of the Month ago.

Oh, quit fanning yourself on the fainting couch. This isn’t about those nasty 1-percenters at Control Your Cash making fun of the downtrodden. This is about people who willingly, methodically, and purposefully dig themselves a hole, jump inside, throw handfuls of dirt on themselves and then bitch that they’re being buried alive.

If you want to build wealth, the following steps are guaranteed not to work. They are 100% foolproof:

  • Go to college for no particular reason (i.e., just to defer life for 4 if not more years.)
  • Finance said education.
  • Use credit cards for things you can’t afford.
  • And again.
  • Justify your awful mistakes and convince yourself that you’re right. (Catherine says she “doesn’t regret anything”, and if that’s true, why did she bother creating her blog?)

But if you are serious about building wealth, pull your head out and deal with the following unchangeable truths:

  • When your liabilities outnumber your assets, and you subtract the former from the latter to determine your net worth, you’re left with a negative quantity each and every time. You don’t need to go to college, or university, to know this. Any elementary school will teach it to you.
  • Therefore, it makes sense to acquire as many assets as possible while eliminating as many liabilities as possible.
  • A (post-secondary, nonspecific) education is not an asset in any financial sense. Its benefits are largely psychological. If you don’t believe this, reread the excerpts from Catherine’s delusional blog.
  • A debt is a liability, if you don’t have any cash flow to cover it. Catherine and Hubby don’t, or they’d have paid off their credit cards and student loans by now.
  • If you concentrate on acquiring assets (real estate, retirement accounts, mutual funds, securities) and cut out as many liabilities (credit card balances, etc.) as possible, you’ll build wealth in spite of yourself.
  • If you start off by incurring a giant debt (e.g. a 6-digit tuition + interest bill) before you begin earning money, it’s like lining up for a 100-meter dash 20 yards behind the start line and the other competitors. If you do this, it means you want to lose. You want to be broke. In fact, you want to be less than broke. Admitting this is the first step, but why would anyone want to admit it? It’s depressing!
  • Convincing yourself that your bad decisions are good doesn’t make them so.

Buying our book is a cheap step in the right direction.

Her grammar needs work, too.

January’s (Financial) Retard of the Month

 

Not to be confused with her sister, Candy Johnson (née Smith)

Not to be confused with her sister, Candy Johnson (née Smith)

We’ve never met the guy who runs Get Rich Slowly, but he certainly seems like a nice fella. Even though his site’s subtitle contains another one of those godawful cents/sense puns.

He recently sold his blog for way more than it’s worth, and more power to him. In the manner of a successful entrepreneur, he’s now concentrating on big-picture stuff and farming out the content of his site to anyone with a pulse and, it appears, a debt load.

Take new Get Rich Slowly staff writer Honey Smith, who might have the least imaginative pseudonym we’ve ever heard. While her name might be derivative, her story is anything but. She’s the only personal finance blogger in existence with:

  • Tens of thousands of dollars in student loan debt
  • Credit card debt
  • A sense of entitlement
  • An advanced degree or two.

Yup, she’s the only one. No others whatsoever. None. Honey Smith’s story is a completely original one, the likes of which the world has never seen before. We’re guessing she didn’t vote for the stuffy old white man who was going to take away all the ladies’ IUDs, but now we’re getting ahead of ourselves.

Here’s how Ms. “Smith” chose to introduce herself to the world:

my husband Jake and I owe a combined total of over $230,000 (about $100,000 apiece in student loans and $30,000 in credit card debt

Sweet feathery Jesus. How can someone disclose that and not crawl into a cave out of pure embarrassment, pseudonym or otherwise? Wait, we already know the answer. Because no one’s going to tell today’s empowered and educated woman what she can and can’t do.

Here are her liabilities and assets, with her pointless and mollifying commentary removed. The first list is her own, the second belongs to her “hubby”, and if you’re a guy whose wife refers to him as such without repercussions, will you at least show us the pretty pink handbag that she carries your testes in?

  • Bank of America credit card, $2,435.66
  • U.S. Bank credit card, $2,386.72
  • Federal Direct (student) Loans, $94,295.99
  • Retirement fund,  $12,240.41
  • Emergency fund, $4,500

Note: This is getting too easy. Of course there’s an emergency fund, and of course she adds to it every month. Even though it doesn’t pay her any interest, while all her debts incur interest. Honey Smith is a self-proclaimed atheist, but she sure has no problem not questioning the existence and/or purpose of a personal finance cliché that we’re running out of jokes for.

Hey Dr. Smith: You owe $230,000. If that’s not an emergency, nothing is. Anyhow, here are the corresponding items for Mr. Smith. (Make that Smith, Esq. He’s a bloodsucking attorney. And thank God, or the deity of your parents’ choice, because America clearly has a drastic lawyer shortage.)

  • Pentagon Federal Credit Union credit card, $12,935.83
  • Bank of America credit card, $8,311.35
  • First National credit card, $2,838.37
  • Discover credit card, $2,075
  • Chase credit card, $1,500
  • Student loans, $102,204.28
  • Car loan, $5,452.02
  • Retirement, $19,026.46
  • Emergency Fund, $2,194.77

So yeah, the two of them are going to spend the next few decades living less richly than they otherwise might, because a) they incurred too many debts and b) they’re in no rush to pay them off. (If they were, they’d start by getting rid of those ridiculous emergency funds and, you know, using them to extinguish at least some of the flames.)

Oh, how can you say that? She’s doing her best.

No, she isn’t. She’s doing her worst. Just read this post on her wedding, which includes minutiae all the way down to who got whose ring where. You think we’re joking? Not on Control Your Cash:

My ring is white gold with CZ accent stones and his is white gold.

Other expenses for her initial magical day (you want to bet there won’t be at least one more?) included:

excursions like snorkeling with sting rays, zip lining in Belize, tubing through ancient Mayan caves, alcoholic beverages while on the cruise, and all gratuities.

Read through the rest of her whining if you can stomach it, but it isn’t anything we haven’t already deconstructed and assailed on this site. She got married on a cruise ship. She should have gotten married at a justice of the peace’s office, but try telling her that while her debts continue to mount.

This was a seven-day western Caribbean cruise with four ports of call. We also stayed in one of the nicest cabins on the ship – we had a living area, plenty of closet space, and a balcony.

In the same post’s final paragraph – you know, the paragraph in which every unimaginative blogger on the planet closes up by directing questions at the readers in a lame attempt to get them to comment – she writes:

Are we heroes to be commended for spending less than half the national average?

We’ll assume that’s sarcasm, but she did feel the need to twice mention that her wedding cost less than half the national average. As if that’s some sort of accomplishment. Sweetheart, your consumer debt is more than twice the national average; for some reason, you’re considerably more reticent when it comes to mentioning that.

Look, we don’t make fun of these people just to make fun of them. That’s just an ancillary benefit. We do it because they’re sentencing themselves to a life of indebtedness and poverty, instead of the strong possibility of the relative affluence they could be enjoying if they’d just think a little less stupidly. They put these anchors around their necks willingly, they don’t care, and no amount of evidence to the contrary is going to convince them that they just might be wrong.

But “Honey Smith” is not a woman without an action plan. Why, she has goals for 2013. Would you like to hear them?

  • Pay off $5000 in student loan principal
  • Buy a house

(excuse us)

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

(sorry)

Oh no, she can totally do it. After all,

Credit-wise we are in good shape

(Please note above lists of debts.)

  • Save for travel

(And if you can make it through her interminable list of which of her bridesmaids is getting married in which city in which month, you’re either a masochist or…no, you’re just a masochist.)

  • Bring in at least $5000 in side income

We’ll only make (more) fun of the first one. What kind of a goal is it to lower your student loan debt by 5% in one year? This is saying you’re going to quit smoking by going from a pack a day to 19 cigarettes a day. Healthy alveolar tissue, here I come! Or it’s like going from routinely blowing a .12 on the Breathalyzer to…well, you get the idea.

A message to our (Financial) Retards of the Month, and to anyone else reading this who isn’t rich yet: Be honest with yourself. It’s not easy. That college degree is almost certainly a waste of time. The advanced degree is an even greater one. These are commitments with the potential, however small, for increased earnings. The problem is that they come with an actual hefty price tag. And actual financing.

Either way, whether you have a useless M.A.* or a useless GED, the primary criterion for whether you should have an extravagant wedding is whether you can afford the damn thing.

What are you talking about? We paid $11,400. That’s cheap. It’s less than half the national average.

(slaps head)
(bangs head against wall)
(finally draws blood)

Okay, we’re back. Yes, absolutely $11,400 is extravagant if your net worth is negative. Sorry if that contravenes what you so desperately want to believe – that you’re entitled to at least a reasonable facsimile of what the Duchess of Cambridge enjoyed on her wedding day. After all, every woman is.

If you’re a multimillionaire, or marry into a family of them, different story. If you’re $200,000 in the hole – i.e., 5 years’ wages – you have to play by other rules. Cheaper, less fun, more restrictive rules. This isn’t discrimination. This is math. Easy math, too; stuff that even a lady with advanced qualifications in the humanities should have little trouble with.

*”Honey” has a useless Ph.D., too. Unless getting a $40,000-a-year job was the purpose of the Ph.D.