Share Pics of People Hauling or Towing Something Wrong

   / Share Pics of People Hauling or Towing Something Wrong #23,032  
Depending on what she did to pay for that Porsche, she may have some illnesses common to her profession.
 
   / Share Pics of People Hauling or Towing Something Wrong #23,033  
I do reasonably well, and yet everyday I see people crying poor, while driving cars more expensive than my own, or carrying the latest $1500 iPhone on an unlimited data plan. It's hard to not assume most of these problems are self-inflicted.
Yep, it's all about priorities.
 
   / Share Pics of People Hauling or Towing Something Wrong #23,034  
I do reasonably well, and yet everyday I see people crying poor, while driving cars more expensive than my own, or carrying the latest $1500 iPhone on an unlimited data plan. It's hard to not assume most of these problems are self-inflicted.

There is certainly something to be said for living within one's means. My eye opening realization was in my first year of working my career job. I got a 7-11 coffee on the way to work, and lunch at Roy Rogers every day. In 1983 dollars I was spending $2300 yearly (13% of my yearly salary).
 
   / Share Pics of People Hauling or Towing Something Wrong #23,035  
If one of my kids were to come to me and say they wanted to spend 6 figures on a wedding, I'd tell them to save that money for a house, and I'm many times wealthier than most of the folks I see blowing ridiculous amounts of money they don't have, on such things. And when it's time to bury me, please don't put some expensive and beautiful $4k box in the ground on my account, a simple pine box will do just fine!
Give the kids (3) Barbie dolls and (3) GI Joes. 6 figures.
 
   / Share Pics of People Hauling or Towing Something Wrong #23,036  
I've read something like 40% of Americans would find a thousand dollar unexpected expense devastating.

I keep seeing statistics like that but I'm not convinced. How do you even measure that? Just ask people? The results would probably be really dependent on how you ask the question.
 
   / Share Pics of People Hauling or Towing Something Wrong #23,037  
I keep seeing statistics like that but I'm not convinced. How do you even measure that? Just ask people? The results would probably be really dependent on how you ask the question.
... and where you conduct your survey? Results may vary, in Detroit versus Matha's Vineyard, or Baltimore vs. Hilton Head. :p
 
   / Share Pics of People Hauling or Towing Something Wrong #23,039  
For sure. I know one or two similar cases. But prudent, frugal, and hardworking people landing in that situation seem to be the exception, and likley not the majority of the above-quoted 40%.

One thing created by our modern media, social or mainstream, is a huge increase in luxury spending on everything from weddings to funerals. If one of my kids were to come to me and say they wanted to spend 6 figures on a wedding, I'd tell them to save that money for a house, and I'm many times wealthier than most of the folks I see blowing ridiculous amounts of money they don't have, on such things. And when it's time to bury me, please don't put some expensive and beautiful $4k box in the ground on my account, a simple pine box will do just fine!
When I was in college there was a really cute girl, that I was at the mutual flirting stage with. One of my friends and I were talking about a girl we had both worked with who was saving for the big wedding. She and her fiancé had both moved back in with their parents to save money for a huge wedding with a catered sit-down dinner for over a hundred people. My friend and I were both of the opinion that spending that much money on a wedding instead of using it as a down payment on a house, or paying off your student debt was insane.

The gal I was at the flirting stage with, overheard us and asked me if I wouldn't do a big wedding if it was really important to the girl. I told her that I probably wouldn't marry anyone whose financial priorities were that much different from mine. And that the number one cause of divorce is disagreement on how to save and spend money. The second leading cause is disagreement on how to discipline kids.

After that we weren't flirting anymore.
 
   / Share Pics of People Hauling or Towing Something Wrong #23,040  
For sure. I know one or two similar cases. But prudent, frugal, and hardworking people landing in that situation seem to be the exception, and likley not the majority of the above-quoted 40%.

One thing created by our modern media, social or mainstream, is a huge increase in luxury spending on everything from weddings to funerals. If one of my kids were to come to me and say they wanted to spend 6 figures on a wedding, I'd tell them to save that money for a house, and I'm many times wealthier than most of the folks I see blowing ridiculous amounts of money they don't have, on such things. And when it's time to bury me, please don't put some expensive and beautiful $4k box in the ground on my account, a simple pine box will do just fine!
Re burial: In our family we get cremated. And, I make simple dovetailed oak boxes to hold the ashes, and a few life tokens. My dads contains his wings and a couple of medals, and his engineers seal. Mom’s has her birthstone ring with stones for us kids and the grandkids.

Plan to make them for all of my siblings, and their kids for this year’s Christmas gifts. Plan to use a dovetail jig, instead of hand cutting like I did for my folks. Dad would have known the difference, but not cared. Not sure the siblings will know the difference.
 

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