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Money Observations: Living within Your Means
Vanity | 3/9/2019 | Self

Posted on 03/09/2019 7:16:36 AM PST by CptnObvious

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To: redhead

Those are precious memories. Indeed. So much better than the kids of more recent years who sit in front of a Nintendo game for hours.


81 posted on 03/12/2019 9:49:38 AM PDT by Kay
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To: Kay

oh, yes. Spent then entire decade of the 50s in rural central Utah as a free-range kid. Barefoot all summer, clunky brown leather oxfords and long brown cotton stockings all winter. :o) It was the best of all worlds! I wouldn’t trade those memories for a million anything....


82 posted on 03/12/2019 3:32:57 PM PDT by redhead (PRAYfor little ones in pedo pipeline:child livestock: raped, tortured, and satanically sacrificed.)
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To: CptnObvious

Wife and I have lived this way ... this year is 25 years since we married. I splurged a bit when I was single - she was mad at me for not having more savings.

We both get an allowance each month for fun. The big debate is how much of an allowance. I only get an increase when I get a raise. It works out. I actually track the budget closer than she does because I’m trying to sock away more into higher growth opportunities. There are a few things we could do without, but we don’t do resteraunts, theater, sports venues, etc...we’re pretty much home bodies with home hobbies. Internet and access to Japanese programs has been a godsend for her.

She’s all about CDs and Savings accounts which barely keep up with inflation. She understands it, but is just too risk averse. Has to do with growing up on the edge in Japan with a single parent and 2 siblings.

We’re right at the edge of being able to claim the big $M and have 15 years to go for retirement. House was paid off 10 years back and only carry cards month to month for the free no interest loan and a better credit score. 1st kid graduates college without debt this year. 2 more years and we’ve done all our “duty” except maybe the weddings and an emergency here and there.


83 posted on 03/13/2019 11:14:44 AM PDT by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: gcparent

They can attend but they can’t get scholarships or loans without it. One of my daughters is in the same boat as yours. She has a massive scholarship so we have to fill it out every year. Without it she couldn’t have attended her school. With it she’s pays less than a community college would need and the opportunities are better.


84 posted on 03/13/2019 11:25:53 AM PDT by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: reed13k

Good for her. Thats why we gladly and gratefully filled out fafsa.


85 posted on 03/13/2019 11:29:10 AM PDT by gcparent (Justice Brett Kavanaugh)
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To: hal ogen

We’re at 175k on the 7 year old and 125k on the 17 year old :)


86 posted on 03/13/2019 11:30:35 AM PDT by reed13k (For evil to triumph it is only necessary that good men do nothing)
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To: reed13k
We’re right at the edge of being able to claim the big $M and have 15 years to go for retirement. House was paid off 10 years back and only carry cards month to month for the free no interest loan and a better credit score. 1st kid graduates college without debt this year.

Way Cool! This is what living within you means does. It is awesome! I'm believing you will celebrate the $M soon!

87 posted on 03/13/2019 4:42:45 PM PDT by CptnObvious (Question her now.)
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