What Is The Cost? Poem by Michael Walker

What Is The Cost?

Rating: 5.0


Money is to save for the future,
more virtuous than impulse buying.
Who respects a spendthrift?
Yet who wants to knowScrooge?

The ideal is to avoid the two extremes.
When buying expensive items, think about it,
sleep on it, before swiping the plastic fantastic.
Impulse buying is not all that it seems.

I have learned through experience.
Eftpos cards are good: credit cards are not.
I do not use a cheque book any more.
My savings vary: I am neither rich nor poor.

-12/13 April,2019.

Thursday, April 11, 2019
Topic(s) of this poem: life
POET'S NOTES ABOUT THE POEM
When I was young, I had cheque books, but could not save money. I changed to savings accounts and bank books, which was much better.
Eftpos cards are used very widely now. They are more convenient than being in a queue in the bank. If you have an Eftpos card, you do not need to carry much cash around.
I have never had a credit card, never had an overdraft.
COMMENTS OF THE POEM
Simone Inez Harriman 22 April 2019

A poem which imparts great advice...to sleep on it...impulse buying can be disastrous. There is a happy medium. It can be almost impossible to save money these days...so I'm a fan of compulsive savings, such as kiwisaver. No plastic credit card for me...just couldn't afford it.

0 0 Reply
Michael Walker 23 April 2019

You make a very astute comment. Dealing with money is hard, but you cannot avoid it. I was a little late to join the kiwisaver, now I wish I had. The ideal which I strive for is the 'happy medium'-between saving and spending.

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Julia Luber 15 April 2019

Very tame and reserved for a poem about money. Clearly on a 'saving' streak.

2 0 Reply
Michael Walker 16 April 2019

Fair enough. If you write a poem about money I would like to read it. Thanks.

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Rajnish Manga 13 April 2019

Amazing poem. Practical guide for a middle class person about how to use his savings or money in a judicious manner. It's nice that you have shared what you have learnt trough your first-hand experience: Buying expensive goods.... Impulse buying is not all that it seems. I have never had a credit card, never had an overdraft.

2 0 Reply
Michael Walker 16 April 2019

A very encouraging assessment, thanks. I did base this on personal experience throughout a lifetime. I have usually bought wisely, but I have made plenty of mistakes too. I find extra care is needed around buying a car or, say, a lounge suite. I find grocery shopping easy. Happy Easter.

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Kumarmani Mahakul 13 April 2019

Money is there to save for the future, more so than spending in the present I think. Who respects a spendthrift? But who wants to know a miser like Scrooge? ........these beginning lines are to the point. It is really a beautiful poem with right information. Thanks for sharing.

1 0 Reply
Michael Walker 16 April 2019

Thanks for such a perceptive assessment and quoting the most significant lines. It is all grounded on personal experience with money all my life.

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Mahtab Bangalee 11 April 2019

The secret is to avoid the two extremes. Buy things which you like, think about it before swiping the plastic fantastic..../// yeah; absolutely wrote

1 0 Reply
Michael Walker 16 April 2019

I'm glad that you agree with me. Yeah right. Regards to you.

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