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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP how much do you make a year and how old are you? I was just like you in my early 20s. I made $70 or $80K and I just didn't really monitor stuff. I spent what I wanted and always had money left over. Then at 22, I started making real money and started tracking it. Once your income hits $200 or $300K then it gets fun to track. [/quote] 38. Combined we make 200-250.[/quote] Well, it sounds like you are saving, so I guess you are OK. The only "foolish" bit is that you might be throwing money away somewhere and don't really know it. An extra $1,000 a month in savings now is an extra ~$36,000 a year in future dollars by the time you hit 70. Or to put in terms that feel more real - saving an extra $1,000 a month now, plus inflation, until you hit 70 is an extra $1,500,000 or so in your retirement account at a modest 6% rate of return. An extra $2,000 would be $2.9M more. - Signed, 34 yo, $1.6M in retirement funds[/quote]
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