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Great article out this week from Laura Rowley.  She says Don’t Fiddle Away Your Financial Independence and uses the analogy of the old fable about the Ant and the Grasshopper to describe the current financial challenges we face.  Even more interesting are the comments from many folks across the country.  Real people share their stories and feelings about saving and investing, the economy, bailouts, mortgage and foreclosure issues, etc. 

Maybe for some the difference is easily seen.  But I wonder how many of us have been both at times?  I know I’ve hopped around like a spendthrift Grasshopper many times in my life. The older I become, the more I appreciate the steady, disciplined approach to saving and investing.  

The Ant and the Grasshopper

     In a field one summer’s day a Grasshopper was hopping about, chirping and singing to its heart’s content.  An Ant passed by, bearing along with great toil an ear of corn he was taking to the nest.

“Why not come and chat with me,” said the Grasshopper, “instead of toiling and moiling in that way?”

“I am helping to lay up food for the winter,” said the Ant, “and recommend you to do the same.”

“Why bother about winter?” said the Grasshopper; “We have got plenty of food at present.”  But the Ant went on its way and continued its toil.  When the winter finally came the Grasshopper had no food, and found itself dying of hunger, while it saw the Ants distributing corn and grain every day from the stores they had collected in the summer.  Then the Grasshopper knew:

 It is best to prepare for the days of necessity.

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