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Are you "living for today" or "saving for tomorrow"?

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Old Aug 7, 2001 | 05:34 PM
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Default Are you "living for today" or "saving for tomorrow"?

I usually discuss this with some of the neighbors. Most people seem to be trying to save some $ and live fairly modestly. My theory is that if i do that, i would be ready to retire at a fairly early age.....get cancer (or hit by a moving vehicle) and be dead.

I have my future planned, but it seems like more fun to blow $ now than to save every dime.

Scot

-since I quit my job, i guess i already retired
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Old Aug 7, 2001 | 05:37 PM
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From: jimisapostwhore
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I used to be a saver until I got my S2. Now, money is just flowing out of my pocket like crazy. Parts are very expensive.
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Old Aug 7, 2001 | 05:39 PM
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I am just paying for the rest of my life
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Old Aug 7, 2001 | 05:47 PM
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Both. Everytime my monthly 'fun' and 'car' budgets increase, so does my 'investment' budget.
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Old Aug 7, 2001 | 07:32 PM
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neither!!
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Old Aug 7, 2001 | 07:53 PM
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My saving for tomorrow comes from a 10% contribution to 401(k) every paycheque. (With a 6% match from the company.) I have a decent amount right now (only been contributing for a few years) but by the time I'm 65 or whenever, it should be a damn lot. Of course, I have a saying "I drive too fast to worry about cholesterol," so who knows what'll happen.

My fun money is everything left over. I've alternatively spent every dime I have, or saved up nearly a third of my salary. Depends on what's going on. Currently? Have very little money saved, and still want to buy wheels and tires and suspension for the stook.
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Old Aug 7, 2001 | 08:01 PM
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I live my life by a simple rule. I deny myself nothing.
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Old Aug 7, 2001 | 08:04 PM
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I live my life by a simple rule. I deny myself nothing.
That's beautiful man... I agree 110% and my savings account ballance proves it.
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Old Aug 7, 2001 | 08:52 PM
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Originally posted by Mindcore
I live my life by a simple rule. I deny myself nothing.
Amen, my brother...

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Old Aug 7, 2001 | 10:05 PM
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Originally posted by Mindcore
I live my life by a simple rule. I deny myself nothing.
And from your avatar I think it's beginning to take it's toll

Seriously, my opinion is you should be doing both. One of the biggest features of the S2000 is it's balance, 50:50. And this is a great philosophy to apply to the rest of life. So I have the car (which is a great investment in the fun stakes) and a house (which is a great investment in the financial stakes).

And it's even more complex than that. Another ball I keep in the air is 'relationships'. With my GF, and my family. It's important not to neglect this part of life to fund your 'fun' and 'finance' accounts.

Hey, it's the three 'F's: Family, Fun, Finance.

Just my 2 pacific pesos.
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