Reply to Ever feel like people put you down for your lifestyle (financially)?

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Reply to "Ever feel like people put you down for your lifestyle (financially)?"

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[quote=Anonymous]I get similar comments from my sister and mom.  I just say, "It's not my priority.  My priority is my retirement and my kids' college savings accounts, and travelling".  And leave it at that.

I can understand not wanting to buy a house to keep yourself more mobile, but my Tax Accountant would tell you different.  He would say you're throwing away money by not having a tax deduction on your mortgage.  Just a thought.

Just keep in mind, that when you are older, you will be set and not have to worry about money (probably, hopefully).  People who spend like the way your relatives do, and they way  the younger Asian immigrants do (like my cousins - expensive cosmetics, cars, clothes, etc..), probably won't have as cushy retirements.  Or maybe, they are assuming their kids will fund their retirement.  I don't want my kids to do that for me.

You will also appreciate your fiscal conservativeness when/if you have kids one day, believe me.   Money is one of the biggest reasons couples fight, and kids are big money suckers.[/quote]

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