Do you live within your means?

[firstdown]

Originally Posted by mlmpetert

Read this last night and made me think of asking the question who here lives within their means, because obviously the US in aggregate does not. I think most people like to think they do, just like most people like to think all congressman are corrupt except for the one representing their district (if they voted for him) ((ive never voted before so I think they are all corrupt)).

I would like to say I do, but honestly I think living within your means also includes saving for retirement if you plan on having a retirement and I save very little for retirement (if you want to off-yourself at age 65 then saving very little for retirement would be within your means I guess). I would count myself in the category of not living within my means due to my lack of saving for retirement combined with my love of having fun.

I think part of the whole holocaust on capitalism taking place is partly because people say hey I don’t want to save, I don’t want to pay for the essentials, I just want to pay for the discretionary stuff, fun stuff. Let the government pay for the basics, deduct the money from my paycheck every other Friday as long as I don’t think about it no harm done, or better yet take the money from rich people, my boss has plenty of money…..

http://www.foxnews.com/story/0,2933,575565,00.html?loomia_ow=t0:s0:a4:g4:r3:c0. 000000:b0:z5

On a side note, did any of you watch Harry Reid and the other senate big wigs last night talk about their new health plan proposal. Harry told a story of a lawyer that came up to him and said Harry im rich I don’t need this health care stuff, but my daughter is about to turn 23 and has cerebral palsy and isn’t going to be able to get health care coverage on her own, what is she supposed to do, she needs this.

Really? This is what drives me nuts. This lawyer didn’t want to change his lifestyle in order to take care of his own daughter, instead he wanted everyone else to pay for the cost of her health care. Of course who wouldn’t, you can be a self proclaimed rich lawyer, eat out every night, have a vacation home, live in a nice ass community, play golf every weekend, and drive a new car every 2 years or you can take care of your own. Easy choice when you can just get someone else to pay for it.

I live way below my means and hope to simi retire around 60 while working some. That lawyer thing is BS because we have disability stuff out there to take care of people like his daughter. That lawyer probably wants to dump off his daughter for the goverment to raise so he can have fun.

[budw38]

Originally Posted by firstdown

I live way below my means and hope to simi retire around 60 while working some. That lawyer thing is BS because we have disability stuff out there to take care of people like his daughter. That lawyer probably wants to dump off his daughter for the goverment to raise so he can have fun.

Come on first , we know you have a 10,000 sq. ft. home on 50 acres on the lake ... outdoor and indoor pools , a 1969 corvette stingrey , monster 4x4 and a speed boat to go with your fishing boat

[firstdown]

Originally Posted by budw38

Come on first , we know you have a 10,000 sq. ft. home on 50 acres on the lake ... outdoor and indoor pools , a 1969 corvette stingrey , monster 4x4 and a speed boat to go with your fishing boat

I wish. I'm pretty conservative when it comes to spending. The boat and truck I just purchased this summer I pretty much paid cash for them. Our house payment is low enough that I don't ever feel a drain to make the payment. Everything else is paid for at this time put my wife is looking hard for a new home. Our biggest problem is we so few bills its easy to waist money so we stick to pretty tough savings plan. That will change some if we move but I refuse to buy a home that puts a drain on us.

[budw38]

Originally Posted by firstdown

I wish. I'm pretty conservative when it comes to spending. The boat and truck I just purchased this summer I pretty much paid cash for them. Our house payment is low enough that I don't ever feel a drain to make the payment. Everything else is paid for at this time put my wife is looking hard for a new home. Our biggest problem is we so few bills its easy to waist money so we stick to pretty tough savings plan. That will change some if we move but I refuse to buy a home that puts a drain on us.

Of course I was just being funny . I want to take the next few years and work my ass off , invest all of it and hope to retire comfortably .... I do plan on being charitable as we approach the holidays .