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Reply to "What changes are you making to your budget/finances/economic outlook these days?"
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[quote=Anonymous][quote=Anonymous]Are you investing in Index Funds? Pulling out into cash? What are you doing/not doing? NOT selling or buying real estate? Hording canned goods? Just curious what people are doing in this economy. We have HHI in the 300K range and teenagers.[/quote] I will never invest in index funds for myself, but I have my reasons. I already have one year's cash out as I don't really work much. I enjoy cutting expenses here and there or going without. Not buying real estate any time soon. Glad to have got rid of the three properties we had. Canned good? Perhaps. I do need to get our grocery spending of $700 under control for our family of two. Even though I'm still young and strong, I will not work more than I feel like it, which is about 400 hours a year. I will drop my own health insurance at the end of the year. I didn't see anyone saying that. I have other options. I'm not adding money into the market. I make more by moving it around. I'm also trying to get most of it into Roths of my kids and myself. It will take awhile, but we will get there. We don't have expenses besides housing and food paid by an 'annuity'. I also don't have a tax expense and the car is new. I'm concentrating on my physical and mental health going forward as I want to live another 50 years. Expenses are under control and so are the investments. [/quote]
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