Home › Forums › Financial Markets/Economics › How good are you with your money?
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patb.
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November 17, 2010 at 12:52 PM #632716November 17, 2010 at 12:52 PM #631625
briansd1
GuestOk, I’ll admit that I like some luxuries…. but I find that I’m not buying much of anything because there’s nothing that I want anymore. I pretty much have everything that I want or need (in comparaison to most Americans, my place is very spartan).
I admire people who are good with their money and manage it well.
But as TG said, there’s a difference between managing money well and being cheap.
November 17, 2010 at 12:52 PM #631701briansd1
GuestOk, I’ll admit that I like some luxuries…. but I find that I’m not buying much of anything because there’s nothing that I want anymore. I pretty much have everything that I want or need (in comparaison to most Americans, my place is very spartan).
I admire people who are good with their money and manage it well.
But as TG said, there’s a difference between managing money well and being cheap.
November 17, 2010 at 12:52 PM #632276briansd1
GuestOk, I’ll admit that I like some luxuries…. but I find that I’m not buying much of anything because there’s nothing that I want anymore. I pretty much have everything that I want or need (in comparaison to most Americans, my place is very spartan).
I admire people who are good with their money and manage it well.
But as TG said, there’s a difference between managing money well and being cheap.
November 17, 2010 at 12:52 PM #632403briansd1
GuestOk, I’ll admit that I like some luxuries…. but I find that I’m not buying much of anything because there’s nothing that I want anymore. I pretty much have everything that I want or need (in comparaison to most Americans, my place is very spartan).
I admire people who are good with their money and manage it well.
But as TG said, there’s a difference between managing money well and being cheap.
November 17, 2010 at 12:52 PM #632721briansd1
GuestOk, I’ll admit that I like some luxuries…. but I find that I’m not buying much of anything because there’s nothing that I want anymore. I pretty much have everything that I want or need (in comparaison to most Americans, my place is very spartan).
I admire people who are good with their money and manage it well.
But as TG said, there’s a difference between managing money well and being cheap.
November 17, 2010 at 3:36 PM #631655
Rich ToscanoKeymasterYes, TG said it well. Being prudent with your money in a balanced manner is admirable. This guy — spending his golden years breathing in mold and scrutinizing expense reports — has a compulsion.
November 17, 2010 at 3:36 PM #631731
Rich ToscanoKeymasterYes, TG said it well. Being prudent with your money in a balanced manner is admirable. This guy — spending his golden years breathing in mold and scrutinizing expense reports — has a compulsion.
November 17, 2010 at 3:36 PM #632306
Rich ToscanoKeymasterYes, TG said it well. Being prudent with your money in a balanced manner is admirable. This guy — spending his golden years breathing in mold and scrutinizing expense reports — has a compulsion.
November 17, 2010 at 3:36 PM #632433
Rich ToscanoKeymasterYes, TG said it well. Being prudent with your money in a balanced manner is admirable. This guy — spending his golden years breathing in mold and scrutinizing expense reports — has a compulsion.
November 17, 2010 at 3:36 PM #632751
Rich ToscanoKeymasterYes, TG said it well. Being prudent with your money in a balanced manner is admirable. This guy — spending his golden years breathing in mold and scrutinizing expense reports — has a compulsion.
November 17, 2010 at 5:23 PM #631685flyer
ParticipantHave to agree with the consensus that the situation referenced in this thread is extreme to the point of being sad.
Although we live in RSF, our family has always been very “practical,” and are big savers/investors.
My wife and I wanted to retire at 50–we achieved that goal at 51, and should be able to live the rest of our lives the way we want to, primarily because we had a very clear plan.
In my estimation, the best thing a younger person can do is save/invest more than you think you’ll ever need, and seriously evaluate every expenditure–even when you’re making the big bucks.
That’s what we did, because, honestly, no one knows how long their gravy train will last–so many things can happen in life!
Even those making huge amounts of money, as we did as a couple, could see that income disappear over a 20-30 year period–so keep it while you have it!
November 17, 2010 at 5:23 PM #631761flyer
ParticipantHave to agree with the consensus that the situation referenced in this thread is extreme to the point of being sad.
Although we live in RSF, our family has always been very “practical,” and are big savers/investors.
My wife and I wanted to retire at 50–we achieved that goal at 51, and should be able to live the rest of our lives the way we want to, primarily because we had a very clear plan.
In my estimation, the best thing a younger person can do is save/invest more than you think you’ll ever need, and seriously evaluate every expenditure–even when you’re making the big bucks.
That’s what we did, because, honestly, no one knows how long their gravy train will last–so many things can happen in life!
Even those making huge amounts of money, as we did as a couple, could see that income disappear over a 20-30 year period–so keep it while you have it!
November 17, 2010 at 5:23 PM #632336flyer
ParticipantHave to agree with the consensus that the situation referenced in this thread is extreme to the point of being sad.
Although we live in RSF, our family has always been very “practical,” and are big savers/investors.
My wife and I wanted to retire at 50–we achieved that goal at 51, and should be able to live the rest of our lives the way we want to, primarily because we had a very clear plan.
In my estimation, the best thing a younger person can do is save/invest more than you think you’ll ever need, and seriously evaluate every expenditure–even when you’re making the big bucks.
That’s what we did, because, honestly, no one knows how long their gravy train will last–so many things can happen in life!
Even those making huge amounts of money, as we did as a couple, could see that income disappear over a 20-30 year period–so keep it while you have it!
November 17, 2010 at 5:23 PM #632463flyer
ParticipantHave to agree with the consensus that the situation referenced in this thread is extreme to the point of being sad.
Although we live in RSF, our family has always been very “practical,” and are big savers/investors.
My wife and I wanted to retire at 50–we achieved that goal at 51, and should be able to live the rest of our lives the way we want to, primarily because we had a very clear plan.
In my estimation, the best thing a younger person can do is save/invest more than you think you’ll ever need, and seriously evaluate every expenditure–even when you’re making the big bucks.
That’s what we did, because, honestly, no one knows how long their gravy train will last–so many things can happen in life!
Even those making huge amounts of money, as we did as a couple, could see that income disappear over a 20-30 year period–so keep it while you have it!
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