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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]She probably has someone who cooks for her at home. No way is Suze cooking up a grilled cheese for dinner. [/quote]

This -
[b]She has staff and they cook and serve her. [/b]She probably gets taken out to eat on others' dime.[/quote]

+1000

And she doesn’t have kids. She’s never had to work a 8:30-5, pick up kids from aftercare, then rush home to throw together taco night while the other spouse totes the kids around to sports practices.

So splurging on take out from Uber eats on a Sat. night after the kids go to bed while we watch a Netflix show is how we unwind and enjoy a date night at home. It’s also a drop in the bucket compared to all the years of daycare/preschool costs and what we throw into their 529s.

Lol at maybe $300 a month on takeout having a noticeable effect on our finances compared to childcare, housing, and college savings. Also that $300/month keeps us from totally burning out.

And we do make coffee at home (no Starbucks) but that is because we had the funds to buy one of those fancy machines that makes lattes, espresso, etc. So I would never begrudge someone splurging on an $8 drink on occasion just because they can’t afford an $800 coffee maker. 
[/quote]

I, on the other hand, totally do begrudge someone their $8 fancy drink if they're not also taking care of their financial future. I'm the poster who said I read Suze in my 20s. I never, ever hit Starbucks during that decade of my life. Nor did I drink any alcohol at all. I went out with my friends, but my bill was always lower than everyone else's, because I had paid myself first, and thus I had less income left over with which to splurge. I worked my whole lifestyle around what was left after I saved for my future. A big reason why I did this was the education I received from reading Suze Orman.

Today, our HHI is high and we blow lots of money. After saving for retirement and contributing to the kids' college, we use our income to do fun things like eat out. We belong to a country club. I do hit Starbucks a couple of times a month. I do feel entitled to all kinds of luxuries now that I've worked for decades and sacrificed many of life's little pleasures when I was younger in trade for the great feeling that building a solid financial foundation brought me. Now HHI is high enough that what's left over after saving is still a lot.

I have kept several friends from my teenage years. We are now in totally different financial spots and we're at the age where they're getting nervous about it. I remember feeling incredulous and silently judgy when I'd watch how they spent when we were young. Lots of dining out, lots of drinking, lots of fancy coffee, vacations. Again, don't begrudge anyone these things, as long as they're buying them with the money that's left over after they've saved an adequate amount. That's Suze's point. And that $300/mo that is negligible to you can actually build great wealth for someone who starts saving it early. $3600/year saved for 45 years at 8% growth becomes about $1.4 million. That's a lot more than most people accumulate, and it's because most people waste too much relative to their income.[/quote]
I wish I had your POV when I was young. Although I did always save for retirement with my first job out of college. I just wish I had maximized the full amount I could put in versus the match. And I wish I had better prioritized non-retirement savings.

Your perspective is why financial literacy should be taught in school from elementary through high school. Saving money when you are young opens up so many avenues to you that wouldn’t otherwise exist. [/quote]

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