Staying broke creates wealth

Owning their home, kids through college, New vehicle, minimal clothing purchases, eating out very little means that inflation isn’t that noticeable. For those who aren’t struggling inflation for food, insurance, utilities, etc… isn’t as obvious. It exists but isn’t causing stress.

I know what it means. I don’t need it explained.

PSU

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I know what it means. I don’t need it explained.

Folks, folks, folks!

This is such a helpful and harmonious board, it’s disappointing when the occasional barb shows up.

Taking some posts too personally or “the wrong way” can well up emotions, and generate perhaps unintentionally, trite, sharp responses.

Not that I haven’t written too many of my own!! But there are times we need to just stand back and take a deep breath, and…

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In retrospect, we would change nothing about our lifestyle choices.

IF said it very well.

The only gotcha in all of this is: If life is cut short you might wish you did a few things, and they might not be one of luxury, but perhaps something meaningful that would have cost a chunk of change. Just a thought and that’s the “L” part of it all.

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The only gotcha in all of this is: If life is cut short you might wish you did a few things, and they might not be one of luxury, but perhaps something meaningful that would have cost a chunk of change. Just a thought and that’s the “L” part of it all.

Depends on how you die. If you get a bad disease and have time to contemplate your life while on your deathbed, yeah. But if you die in your sleep, or suddenly without knowing what’s happening, it won’t matter. Your last thought will have been about living your life the way you chose to that point, without any “coulda, shoulda, woulda”.

It’s sort of like delaying Social Security to age 70. If you live long after that, you’re happier to have the extra money. But if you don’t, you’re dead so it doesn’t matter.

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Your last thought will have been about living your life the way you chose to that point, without any “coulda, shoulda, woulda”.

My point was not for the person on their deathbed but that could be part of it. More for the people you are leaving behind.

It’s sort of like delaying Social Security to age 70. If you live long after that, you’re happier to have the extra money. But if you don’t, you’re dead so it doesn’t matter.

Pretty much.

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“but perhaps something meaningful that would have cost a chunk of change. Just a thought and that’s the “L” part of it all.”

Agree: A few years ago we went as a family to the UK and visited all the Beatles sites: the Abbey Road crosswalk, Lennon and McCartney’s childhood homes in Liverpool (now owned by Britain’s National Trust), locations where their movies were filmed, etc. That was the trip of a lifetime for us, and one that was made possible by our long time saving and investing.