Reply to Why is saving so hard for most normal people?

Forum Index » Money and Finances

Reply to "Why is saving so hard for most normal people?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I get a dopamine rush every time I check my net worth and it's higher than before. I'm obsessed with making more money and investing it to increase my NW. Why does the average person not care at all about this? I'm 27 and all my friends are living in the moment, not saving anything. I grew up lower middle class and I hated every single second of it, I had divorced parents and my mom made 25-40k/yr and my dad made about 90-110k/yr. I now make more than both parents combined with a net worth of 600k, which I know is considered mediocre on this site but it's infinitely better than what I grew up with. I never want to feel poor again. None of my friends are good with money and they all blow it every month, even the ones without trust funds who should be saving.[/quote]
I grew up with kids who went to college to become surgeons, investment bankers, consultants, lawyers, etc.  They spent all of their teens, 20s, 30s and some into their 40s and later studying and working really hard to achieve their goals.  Then they realized that they spent the best years of their lives in hospitals, offices, hotels rooms, intercontinental flights, generally working more than 80 hours a week.  For them it was a binary choice.  Success in a competitive field required all of their time and attention.  These are the golden handcuffs.  Some did well financially and others burned out and retired early to some other field of work.  They don't say it out loud often, but they all have regrets about giving up all they could have done in their youth.  Money gives you security, but money is not the goal.  Money allows you the option to do what you want.  My friends deferred those choices to middle age, but there are things you can never go back and do when you are middle aged that you could have done when you were young.  Said more succinctly, you can never be young again.

At 27, I would ask you to think about whether your obsession with accumulating money or constant delaying of gratification is really going to give you what you want out of life.  I find it surprising that many people don't live their lives asking themselves this question often enough.[/quote]

Wrong.  Youth doesn’t matter; only money does.  I happily sacrificed my 20s and 30s in the pursuit of money, and now at age 41, I don’t regret it one bit.

This may be because I am a man, and men are judged on their wealth to a much greater degree than women.  For women, I could see your 20s being the irreplaceable best years of your life.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics