I read a letter in a local weekly magazine from Worthy of Diep River. The gist of this is that he read a newspaper article about people being judged by the car they drive.
Many years ago, I worked as a re-possessions clerk in a bank, and you won't believe the clients I saw, dripping in diamonds, the Rolex's and the Ray Ban's, pleading: "Please don't take my house, house at the sea, car, furniture, boat, plane." (yes) to "Who do you think you are? You are only a clerk. Do you know who I am/who my father is? Call your manager. Now!"
I doubt anything has changed, except for the worse.
This was before mobiles, and one client said: "I am calling you from my car 'phone. Which, at that time, according to him, was apparently a symbol of wealth.
My point is. Many South Africans are up to their necks in debt, but need to flash their wealth(?) around. They refuse to downgrade, as they have to impress the family, friends and neighbours. Often they are renting their homes, which have already been re-possessed, from the banks.
One bad deal, and everything comes crashing down
Does one really, really need this stress?
But, there are those who are financially successful, and they deserve what they honestly worked for. They also do not boast, but are quiet, unassuming, giving and caring.
A lady who lunched, told me of her abusive husband, who had bought a townhouse in an exclusive area and a flashy car, for his mistress, of whom she was unaware. He said he was away from home, overnight and weekends, working so the family could live a grand lifestyle, and no-one had the right to complain.
After he committed suicide, his wife and children were looking forward to some financial security. After SARS took their share, and the banks the rest, she found work in a call centre, at the age of 49 years, and was renting a tiny flat in a not so exclusive area.
Worthy, I assume you own your own house, as you have retired, everything in it and your 20 year old car.
This means they are paid for, and no-one can take them away from you and your family. You wrote - 'you're evaluated by the car you drive - ouch, that hurt's'.
It only hurts if its repossessed.
I, too am debt-free, and own a small house and 10 year old banger. Fine, with me. I also lunch and pay cash. Remember, cash people?
Last week, for fun, I applied for a personal loan of R20 000. This was declined, as I have no credit record, i.e. no debt.
No-one owns anything on credit, the banks do.
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.