Okay, Mrs. Obama really needs some lessons in money management. In this article (http://www.pittsburghlive.com/x/pittsburghtrib/opinion/s_556214.html), she complains, “The salaries don’t keep up with the cost of paying off the debt,” she said, referring to the student loans, “so you’re in your 40s, still paying off your debt at a time when you have to save for your kids.”
The article reports, “All told, the total income declared by the Obama household on the couple’s 2006 income tax return, figuring his Senate salary, book royalties and her compensation from sitting on corporate boards, was $991,296.”
How on earth is she not able to manage to pay of her debt with that kind of money??! She has complained about the cost of dance, piano and other lessons for her daughters. What?!
Now I am not the best money manager, I do like to spend money, but good grief! With that kind of money, we’d be able to pay everything off, buy a house, buy a car, save for the kids’ colleges and save for our retirement. I’ll bet I’d even have money left over to spend indiscriminately.
Someone should really tell Mrs. Obama to quit talking, she’s ruining her husband’s campaign. Seriously, if he’s supposed to “save” us, his life sure doesn’t show us how.
That’s my two cents. Now I am going to earn my two cents – as part of the “helping industry”. 🙂
