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Money and Finances
Reply to "Finance and blue collar judgmental conversations at work "
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[quote=Anonymous]I manage money for a living and you would be shocked how many people come to me with significant 401ks/IRAs but little money outside of those plans but also have loans on these plans. Regardless if you are worth $50,000 or $10,000,000, most people are not great at managing money. There often is an emotional road block to money which handcuffs people. Also, many people don't understand liquidity.. OP - don't feel bad! You have no idea what the person driving the fancy BMW actually has saved. For all you know, you may be wealthier ;) [/quote]
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