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Reply to "do your friends elsewhere live as financially conservative as you find people in DC do?"
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[quote=Anonymous]I know for me -- I came from one of the south jersey towns mentioned above; first went to NYC and now DC. While my parents always saved consistently, growing up there was near DAILY talk of layoffs at my kitchen table. And the there were layoffs which happened at age 60 or 58 or whenever when the plan was to work a few more yrs to continue saving, and yet it just wasn't possible to get a new job at that age without having to undertake a huge move. And this was for a father in what DCUM always calls a "marketable" industry -- engineering (it isn't -- not nearly as much as people think bc it is very easy to oursource jobs to others countries where there are very good math skills). So given that background, I've always fallen into the -- work as hard as you can and earn and invest as much as you can while young bc you just don't know what the market/economy/employability will be like when you're older. Go to NYC or DC if you have to to make money. My friends back home -- still in south jersey -- don't see it that way at ALL. They say -- enjoy it while you can bc who knows how it'll be when you're older.[/quote]
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