Don’t forget the all powerful proverb:
“Treat Yoself!”
- Tom & Donna
Like, right now with $200 worth of gummy bears?
Or like later, like retirement and a roth IRA?
Yes
If you think you’re IRA is going to be worth a shit in +30? years…
Well I’d rather try and find out it’s useless than never try and realize at 65 that I should have done it.
The “nothing will matter cause the world is going to end” crowd is usually wrong, regardless of what side their reasoning comes from.
Check out moneybags over here retiring at 65.
Jokes on you I’ll never be able to retire.
Probably shouldn’t live like that’s the case though, or I definitely won’t be able to.
Might wanna look up fees their going to charge you when you withdraw that money… Even after your past retirement age. You’re just making the rich richer but I’ll probably eat my words when we’re both 65. Atleast for humanity I hope I eat my words.
The smartest thing any person can do is make their best informed decision with the information they have now. Not with speculative catastrophizing of a future that will keep marching on with or without you.
Because it will, despite all the doomerism in the world lol. And take this from someone who thinks the stock market is just a money generation machine for the rich that plays with made up magic in order to subsidize workers retirements only possible through unsustainable growth based gdp. It’s what makes compound interest even work lol.
The peons don’t like the idea of being paid so little they can’t save up for retirement without magically generating money from hoarding scraps. Heads would be literally rolling daily and worker rights and pay would be enshrined in every first world.
There’s an old borscht belt joke about insurance - “What if something terrible happens, and you don’t die?”
My wife likes to joke when I’m in an anxiety spiral by saying “okay well on the off chance that society doesn’t crumble maybe you should plan for the future”. For some reason that always makes me laugh. If it does it does, but it’s probably best to have a plan still.
And reasonable budgeting can let you enjoy the now while also planning for the future
I’m 40.
In my late 20s where YOLO got popular, I knew people who followed that lifestyle.
Many of them are still in a hole, still working min wage jobs and chasing after whatever fad.
It’s very sad.
The whole YOLO thing never made any sense to me. If you believe in reincarnation or an afterlife, then you have every excuse to risk your life doing whatever you want. There’s usually some kinds of moralistic restrictions, but except in the most extreme religious fundamentalist societies, I suspect wingsuiting on weekends is fair game. If you’re going to live forever no matter what you do, why not?
On the other hand, if you only live once - if you’re one and done - that seems like a demotivation to risk your life before you’re actually done with it.
I never knew soup told jokes!
I guess it’s a fluid interpretation.
impulse bought a 3D printer over the weekend then returned it today unopened
reSpOnSibUl
Why? 3d printing is so fulfilling.
fulfilling
Also infilling.
Oh no! Please get one soon. Making stuff is important.
I can respect that. But also- set aside money on a regular basis (cash in an envelope for the physical reality or in a budgeting app) until you have enough to get one. And then splurge on that or something else you want more by then!
Both alternating
When you are low on funds versus when you just get paid.
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Ya exactly. The idea that fun should come at the expense of giving yourself a safety net is hogwash. I spent the first 25 years of my life living in poverty. The difference between people who stay in poverty and the people who leave is knowing that a stable foundation is more important than anything else in life
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The way I do it I have a safety net but yolo on the credit card for vacations and fun stuff. Then have to budget later to fix it all haha
Here is an alternative Piped link(s):
https://piped.video/z5Otla5157c
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
My general approach to this tends to be to identify what makes me happy in life, splurge on those, save on everything else. For example, I love computers, so I’d splurge on parts, but religiously meal prep to save on food.
Team red
lmao
