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Reply to "What do you say to someone who asks about how much money you have saved for retirement?"
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[quote=Anonymous][quote=Anonymous]I’m a firm believer that talking about money is important, especially for those who don’t come from it. We shouldn’t have to come to a private forum to write out our numbers. If anyone asks me I’ll tell them what I’ve saved and what my pension will give me. Maybe it’s easier because I’m not uber wealthy financially. I would be hopeful a conversation about retirement with my friends mostly in our 40s would do nothing but to motivate others or myself to save and plan more and share ideas on how to build wealth. For posters saying it’s fodder for gossip that’s a super boring convo, wow - did you know Larla has y amount saved in retirement? I mean where does it go from there?[/quote] I'm with you. I want to talk about money, because it gave me my freedom from work. My friends are all tired from work, but they don't see how personal finance can help. I built a very nice nest egg making minimum wage. I learned to invest at some point and retired in my mid 40s while still making minimum wage. I love to talk about money, but I do run into difficulties, because money seems to be a dirty word. People want money, but they are not interested in math, economy, markets, retirement accounts, taxes. I had been homeless and nearly homeless a few times. Money would have fixed that problem for me. I remember counting my money even as a kid. I just never knew I could become a banker or investor as an adult. We didn't even have banks in the old country. Imagine moving here and discovering that there are books about money. Millionaire Next Door is one of the first ones I read. My have awesome money skills now. I'm not frugal or cheap, but I do get dopamine from buying a new stock rather than shopping. I can only have so many couch pillows in my house. There is not maximum amount of stocks I can own. Money is my hobby and money gave me back my time. I don't have to work the 10-12 hours shifts ever again. [/quote]
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