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Reply to "Why is it hard for some privileged people to realize that saving is hard? "
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[quote=Anonymous]Many years ago, DH and I found ourselves in a situation of low pay and an employment situation where we were held hostage for a long period with minimal payment. There was a lot of shame involved with being so poor, especially if one had started from being a middle class person. We eventually came out of that situation and make decent money now. And while we are able to afford really privileged things now - house cleaners, vacations, eating out, kids having tutors and expensive activities etc, I have a good idea of my spendings (even the frivolous ones). I have three budget spreadsheet - one is my lavish lifestyle now (real spending), one is a little tightening of the belt and the last one is my austerity measure where everything superfluous and not needed for survival is cut down. For the money we earn, our COL is still quite low, though sometimes the expenditures can come in an avalanche and you may have multiple emergencies at one time. I cannot take money for granted after having been so poor. [/quote]
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