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Money and Finances
Reply to "Great aticle on how middle class is struggling and not saving enough"
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[quote=Anonymous]I would be horrified, purely horrified, to have a wedding that my parents paid for by cashing out their 401(k). I hope that daughter has paid them back, in full, and with interest. Though he should have said "sorry sweetie, we can't afford more than a courthouse and a nice 10 person meal out afterwards". And the wife not working?! WTF?! Get ANY job! Work at Starbucks! Get a job! It's really very simple: spend less than you make. Every year. Every month. Every day. If the balance gets thrown out of whack, you ADJUST so that you are still spending LESS than you MAKE. If you don't adjust, you end up like this guy. If you adjust, you might have some lean years, but in the end you will be fine. I twitch thinking about not having a savings account. Who can live like that?![/quote]
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