Ed McMahon’s financial advice

Americans are pretty stupid when it comes to money.  Luckily, we have Ed McMahon teaching everyone to learn from his mistakes.

“If you spend more money than you make, you know what happens. And it can happen. You know, a couple of divorces thrown in, a few things like that. And, you know, things happen.”

Throwing in a couple divorces will get you every time.  If you add a splash of payday loans, you’re really asking for it.

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