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Reply to "Switching to spending down savings "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just don’t be like my in-laws. They never figured out how to do it. They are worth almost $20M from the sale of a business and live on their social security checks plus about $40k/year. [/quote] This is so sad. I was actually thinking about this same question this morning. We are so focused on saving now, but once college comes around in 5 years, it’s going to be so odd to write checks for $100,000 or whatever it costs then. [/quote] Why is that sad? Not everyone gets their dopamine rush from spending. we are a high income family and in the last few years we have really reflected in what is important and what brings us joy and i’ve come to the conclusion that spending feels good in the moment, but there’s a crash. We’ve been much happier now that we’ve scaled back. [/quote]
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