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Relationship Discussion (non-explicit)
Reply to "Husband’s spending out of control "
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[quote=Anonymous]It depends on your savings. I think a lot of people on dcum talk about “having the money for it” just means they have MXED OUT THEIR 401k and have like 6 or 12 months emergency savings, and maybe a bucket set aside for a specific purchase (like future down payment). And so everything else is fair game for spending. That’s not how we live. We have identified where and what we want to spend on, based on how much we make and what our values are, and the rest goes to savings. It’s always seemed bizarre to me to set your savings first and then plan on spending everything up to that cap, especially when you have a high enough income that you can live very comfortably below that cap. [/quote]
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