- #36
Pengwuino
Gold Member
- 5,124
- 20
I say if they deserve a vacation, then they deserve the pain in the butt the bills are to pay :)
At the same time, I don't agree with the views of Cyrus of being almighty of saving every dime or nickle or even COUPON!
$80 is a lot for a student to spend for a night out! We used to find a lot to do for free or very cheap. But, since I've been talking about balance here, what I'd suggest is that instead of spending $80 and having nothing left, set aside $20 for fun (you can still see a movie or go to a modestly priced restaurant for that) and put $20 into savings, and you still have $40 to buy food so you don't have to eat rice and soy sauce for a week. If you put away just $20 every week, at the end of the year, you have already saved over $1000 even before including any interest you can start earning on it. When you get out of school and have a better paying job, you can start setting aside a little more each month, and it won't be long at all before you have enough for a downpayment on a house.Kazza_765 said:Well, that's me exactly. But then, I'm a student, my average income is only a fraction above the poverty line, and I have almost zero responsibilities. I pay the rent and the bills (usually on time), because the government gives me enough money to cover that, with almost enough left over to buy food as well. I'll go out and spend $80 for a big night on the town, and then live on rice and soy sauce for the next week. But hell, its fun, and I love it, and right now I wouldn't have life any other way.
cyrusabdollahi said:No, I don’t save Coupons, I never said I did that. No, I don't around looking for ten cent savings, no I don’t go around telling people how much money I have, no I don’t work excessive hours to save every penny. So stop putting words in my mouth Chroot and JasonRox, you don't know me or 'people like me'. When I said I save every dime, I meant it in the sense that I don't buy things unless it is absolutely necessary. Things like: I don’t buy new cloths or new shoes, I bring my lunch from home as opposed to buying my lunch when I am at school. Places I can avoid spending, I do. I don't go on vacations or trips, I don't want to buy a new car, I don't try to get my hair cut every single week, I don’t buy video games, etc. I put my money in the bank, so that 15 years from now, I can do whatever I wish with my money, because I will have enough of it not to worry about being financially insecure or in debt. Why do I have to defend myself on my positions because of words other people put in my mouth? This is ridiculous, and I am getting tired of it.
Why are you so sure you will have money in the future?
That's the whole point of spending in moderation.
I apologize for "putting" words in your mouth.
Another question for you, if you say you don't go around talking about your savings plan and all, then explain why you do it here (on PF) and why we should have believed that you don't do it elsewhere?
I thought it was more satisfying when I was able to buy my first house.tribdog said:I disagree. I think it is better to have six days of rice and soy sauce then one monster shrimp and lobster and steak pig out fantastic meal. Go to extremes see the highs and lows not just the average.
I think it did come out too strong. I misunderstood the same way it seems everyone else has. It sounded like you were saying you weren't planning on doing anything fun for the next 15 years, just so you could squirrel away every dime. It sounded too much like my father and that's why I had to share that story. Yes, you want to be sure your family is provided for should something happen to you if you have a family, but you also want to enjoy being with them and having some fun together in the present so they'll have memories of more than just you working your fingers to the bone to leave them well-off. I think that's what everyone reacted to. But if it was just a misunderstanding, then that's fine And ultimately, you have to live your life how you choose anyway.cyrusabdollahi said:Yes, that's all I was trying to say. Perhaps it came out too strong though.
Yes, you want to be sure your family is provided for should something happen to you if you have a family, but you also want to enjoy being with them and having some fun together in the present so they'll have memories of more than just you working your fingers to the bone to leave them well-off.
It sounded like you were saying you weren't planning on doing anything fun for the next 15 years, just so you could squirrel away every dime.
Yes, once he elaborated, it doesn't sound so bad. I fully understand waiting to have a family until you're financially secure, children are expensive! However, you might change your mind about that 35 thing, unless you're planning on marrying a much younger woman. But, that's one of those things that will fall into place naturally, and finding the right woman will come first. Jason, I used to think like you did too, don't get married until I'm financially secure myself, but I think that mentality led me to pass over relationship opportunities I shouldn't have passed up. If you meet the right person, go for it; they don't come around all that often. You can always hold off having the family together while you save together. And, if she's right for you, she'll share that perspective on finances anyway. Afterall, if you're very careful with your savings, you probably wouldn't find a spendthrift to be very attractive anyway.JasonRox said:Cyrus, from how I see it now, it seems like you got a good plan.
It did out pretty strongly before too.
I agree though with the family thing. I don't want to start a family or even get married until I am financial strong personally. And I hope she is too because I don't want to marry someone into the whole instand gratification thing because that would create lots of problems.
I married my wife when I was 27 and she was 25. We had our first kid when I was 35 and she 26 (How did that happen?) No, she was 33.Moonbear said:Yes, once he elaborated, it doesn't sound so bad. I fully understand waiting to have a family until you're financially secure, children are expensive! However, you might change your mind about that 35 thing, unless you're planning on marrying a much younger woman. But, that's one of those things that will fall into place naturally, and finding the right woman will come first. Jason, I used to think like you did too, don't get married until I'm financially secure myself, but I think that mentality led me to pass over relationship opportunities I shouldn't have passed up. If you meet the right person, go for it; they don't come around all that often. You can always hold off having the family together while you save together. And, if she's right for you, she'll share that perspective on finances anyway. Afterall, if you're very careful with your savings, you probably wouldn't find a spendthrift to be very attractive anyway.
sometimes I really want to make mad passionate love with you.Moonbear said:I thought it was more satisfying when I was able to buy my first house.