Process Analysis: How to Go Broke - Essay Example

I can't have cash in the bank right now while others struggle to keep their mortgage and food on the table. It just isn't right. There must be something I can do to speed up this process.

Having checked my latest liquidity statements shows me that I have a little over $14000 combined liquidity in terms of savings, investments, and available credit from my credit cards. This means that to go broke by the Christmas season, I would have to spend at least $5000 a month to stay on schedule. That won't be hard to do. What with Thanksgiving, Halloween, and the Christmas holidays coming up? This ought to be a piece of cake. Thank heavens my parents live in New York. That should speed things up for me. Now, on to the first order of business.

First, I have to go online and find the most expensive airline ticket available for my flight home to visit my parents for the Thanksgiving holidays. Economy and business class won't cut it this time. I simply must fly First Class on the way home. Ah, there it is, and it flies non-stop too. That just doubled the ticket price. Charge it!

Now, to get myself a seriously decent place to stay while I am there. Although my parents have never bothered to redecorate my room since I moved out when I left for college, my Justin Timberlake posters still hang in my room. Much as I would love to revisit my wacky teenage, hormonal years, drooling over JT will have to wait. I am on a mission right now. I'm still sitting in front of the computer looking for the best deals on hotels in New York. It costs how much to stay in a suite at the Trump Plaza? A 3-day stay ought to wipe out at least half of my savings and credit line. Just a little more to spend now.

Clothes, I definitely can't take this trip home without any clothes. But having to check in things and go through security inspection at the airport is such a bane. Not to mention how I am the worst suitcase packer in the world. Looks like I'll be purchasing my clothes when I get back to New York. Now, if I were to spend $2000 on clothes purchases for a 3-day stay... That looks just about right. 

Looks like there is only one option left, hire a car for the weekend. I feel a sense of accomplishment as I tally up my expenses so far and see that I am just a few thousand away from officially going broke.

            Before I forget, I should leave a few thousand in the bank so that I can pay off a month or so of my monthly mortgage before I go broke. I still need a roof over my head while I adjust to the thought of becoming homeless. But overall, I would say that Mission Go Broke is a complete success and I did not take 3 months to wipe my finances out. Now, that is how to go broke successfully and in complete style.

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