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re: 42% of Americans are at risk of retiring broke

Posted on 3/6/18 at 8:03 pm to
Posted by anc
Member since Nov 2012
18218 posts
Posted on 3/6/18 at 8:03 pm to
quote:

I constantly ask myself how other people around me are always taking vacations, getting new vehicles, and have a bigger house, and always the newest tech device.


A friend of mine that confided in me that he had to put Christmas on credit cards told me last week he was taking off spring break and taking his family to Breckenridge.

I have no idea how they are doing it.
Posted by tiger91
In my own little world
Member since Nov 2005
36818 posts
Posted on 3/7/18 at 3:32 pm to
As a friend of mine told me some people are comfortable with debt. I am not. House note and no car notes -- we own five.

Now business debt -- in for nearly a million but the loan is always paid after harvest. Husband is a farmer and I work part time.

I'm so not worried about appearances as far as whatnhe have/don't have. Seriously.

My dtr asked me something about buying myself an expensive purse -- I told her I could pay cash for several of that ones I liked at that moment but that I didn't care about those things. I told her I could buy for her everything that her friends have and
more but that's not how we operate.

We have everything we need -- some of what we want -- and reminded her she will never have everything not because we can't but we choose not to -- and we save for other things like retirement and college. It's all about priorities and everyone's can be different.
This post was edited on 3/7/18 at 3:36 pm
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