Originally Posted by
lear700pilot
Agreed!
Airlines are seeing up times now, but rest assured there will be down times to come - hope not anytime soon. Just like the market it goes up and down, but looking at airline cyclical changes it's really up and down. Something to be said about the person with no debt. Like Dave Ramsey says "live like no one else today so you can live like no one else tomorrow".
Long live the mighty tortoises !!!
Most of America is financially stupid and lives above their means. Most dont have the money to pay off their own debt even if they wanted to, they just buy more. Pilots seem especially dopey in this respect.
What can you say about an F/O who buys a $500,000 house with a non-working spouse ? Can you imagine if such a pilot was actually representing and advising other pilots on prudent finacial contractual choices ? Can you imagine if most if those pilots actually believed such a pilots assessment of such issues ?
This profession is filled to the brim with lunatics.
