Reply to Do you colleagues/friends talk about money? Ever surprised by what you hear?

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[quote=Anonymous]I am often baffled by the choices people make.

I have a young cw who declined to contribute to the TSP at all. The cw is single and likes to go out to eat/drink (eats all meals out daily). Just that alone could easily add up to nearly enough a per month to at least get the matching funds.

My husband had a conversation years after starting at his place of employment because he was looking for the form to adjust his 401k contribution and 2 of his cws announced they had never contributed anything and had been forgoing the match for years. Again, single people with no kids, houses, etc.

I have a supervisor who is in serious debt, yet picks up tabs all the time, eats out for lunch daily, etc. The supervisor also makes utterly baffling financial moves with real estate and constantly buys in terrible school districts then seems distraught that he can't send his children to the schools and then finances private school tuition on credit cards and additional HELOCs. I think he will have to work until he dies.[/quote]

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