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Reply to "how much do you spend each month on eating out?"
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[quote=Anonymous][quote=Anonymous]People, almost NONE of you can afford this luxury! Have you never seen Suze Orman?!? Do you have long term care insurance? Are you socking away at least $17,000 a year in retirement (IRA) plus funding a Roth? Disability insurance? Emergency fund? You have to have $100K around just in case one of the kids needs private school or you need dental care. Have you ever looked at the cost of dental care? Even with dental insurance, a root canal can easily run $500 or more. Dental insurance does not pay for orthodontia ($5000 per kid, easy). It does not pay for crowns, bridges, implants in most cases. If one of you lost a job suddenly, or became injured or got a chronic disease, you would immediately stop eating out. You'd recognize it for the unnecessary luxury that it is. And you'd think about the thousands and thousands of dollars that you could have had around to get you through the hard times. Why not prepare for those inevitable down times that are surely coming? [/quote] As if Suze Orman practices what she preaches. She found a niche and you are it. Unless you are joking, but I cannot tell if your alarmism is fake or not.[/quote]
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