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Money and Finances
Reply to "Is this a reasonable amount of spending money per month based on our income?"
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[quote=Anonymous][quote=Anonymous]Is this a joke? What in the world could EACH of you spend 1200 per month on? I strongly suggest you save as much money as you can for the future while you are young. Careers and life are uncertain. A friend of mine who is in her 50s works for a company that was purchased by another company and was being pushed aside and treated poorly. She just woke up one day and decided to quit and told me that she was thankful she saved aggressively in her 20s, 30s, and 40s because it her gave her the flexibility to do something else or nothing at all.[/quote] THis 1000%. Save early and let compounding work for you. Save enough so that you can control your own life by 50. Don't want to have to work a job you hate in your 50s or 60s Also, I'd much rather have that $1200/month spending money when I'm older---I "need" a monthly massage now much more than in my 30s. [/quote]
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