Happy Mother's Day to all the wonderful moms and moms to be out there...
Funny- I always thought Mother's Day was a Hallmark Holiday; one that was more or less 'invented' or popularized in the 20s. This is partly true- cards and gift giving became popular in that era for Mother's and Father's Day as well as Valentine's Day. Having said that, all those holidays DID exist and WERE celebrated through the ages well before Hallmark or other card makers mass marketed to the consumer culture of the 20th century. I didn't realize that the Greeks and Romans both celebrated mothers (see Matronalia and Cybele celebrations) Interesting !! See, teh internets can learn you things.
Thank the gods that Mercury is heading for normalcy and going direct. I can already see signs that life is slowly overcoming the delays and stalls and trip-ups that retrograde provides. This week I *should* get the refinance completed (*crosses fingers*) and *should* be able to pay off my financial sins and move FORWARD with life. (Won't THAT be good...?!) Started making a new vision board today with new thoughts and ideas and desires. I love making them anyways - such a fun creative process and honestly HARD to get your brain to expand sometimes. I think a lot of people would be surprised to realize how they restrict themselves with their thinking. (ie) People who believe their lifestyle or life to be one way, and that it cannot be better or more, just as is or less.
Speaking of which I was reading Money Sense today (and yes this is the same subject lol!) The latest issue goes on about how interest rates are going to climb, that the low rates we've been used to since about oh, 2001 to today are likely going to (say in the next 5 yrs) back upwards. The article went on to say that people have not bothered saving while rates have been low, because as lending rates are low so are your returns on savings. Totally true. So people yank out equity, live in the moment, ride the wave. Then the real estate bubble bursts, the economy goes for a downturn, the news that rates are going up gets out, people get fearful and see their lifestyle in jeopardy. Admittedly it would be a rude awakening for people that are house poor already.
But for savers and investors, I would think this would be GOOD. ROI, ROI, ROI...
For people buying real estate, taking the hype out of the market would stabilize house prices and make it a buyer's market again. This is also good.
And for those with existing low interest mortgages will still manage their housing costs while rates escalate.
So think positive, think potential, think possibilities. Regardless of what looms out there, anything can happen. And anything can be greater than you imagine.