http://www.letterneversent.com/generational-lack-of-financial-discpline/1741/ Tell me when to go. Thu, 02 Feb 2012 11:46:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.letterneversent.com/generational-lack-of-financial-discpline/1741/comment-page-1/#comment-15118 chris sivori Wed, 03 Aug 2005 20:50:12 +0000 http://www.letterneversent.com/index.php/archives/2005/08/02/generational-lack-of-financial-discpline/#comment-15118 Well, like I said, if you are saving 5-10% of your income each month (and you have your bad debt under control) then by all means spend as much as you like. I'm not trying to promote an austere lifestyle, just my opinion that you will be better off if you find some compromise and live completely within your means. Well, like I said, if you are saving 5-10% of your income each month (and you have your bad debt under control) then by all means spend as much as you like. I’m not trying to promote an austere lifestyle, just my opinion that you will be better off if you find some compromise and live completely within your means.

]]> http://www.letterneversent.com/generational-lack-of-financial-discpline/1741/comment-page-1/#comment-15117 babs Wed, 03 Aug 2005 20:31:42 +0000 http://www.letterneversent.com/index.php/archives/2005/08/02/generational-lack-of-financial-discpline/#comment-15117 This is a really cool post. The only problem I've had is that financial institutions have it in their best interest to have you save $ and invest with them. Like, the preferred goal is for the majority of people to be investing for their retirement. (cuz then the market is strong and they make $ off commissions) My thing is, when do you get a chance to enjoy your money now? If cable TV or netflix adds more to my life now, why cut that out? You're not guaranteed when/if retirement will happen. I guess it just comes down to all things in moderation for me... This is a really cool post. The only problem I’ve had is that financial institutions have it in their best interest to have you save $ and invest with them. Like, the preferred goal is for the majority of people to be investing for their retirement. (cuz then the market is strong and they make $ off commissions) My thing is, when do you get a chance to enjoy your money now? If cable TV or netflix adds more to my life now, why cut that out? You’re not guaranteed when/if retirement will happen. I guess it just comes down to all things in moderation for me…

]]>