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In Reply to: When I was that age, I was flat on my ass broke. posted by ghost of olddude55 on July 17, 2021 at 07:50:22:
I was in the same place Ghost, mortgage, two kids, but when the real estate agent told my wife how much house we could afford, I had to disappoint her a little and said no we can't. We bought a house we could comfortably afford. We drove inexpensive vehicles. I've never had a Starbucks coffee that my co-workers came into work with daily. I saved a small amount from each check and invested it in relatively safe investments.
My advice would be to younger people to set themselves up for success and not depend on the government. Depending on the government will lead to disappointment.
You are where you are at this point. You don't need any advise from me.
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Follow Ups
- RE: When I was that age, I was flat on my ass broke. - srdavis2000 09:02:07 07/17/21 (19)
- RE: When I was that age, I was flat on my ass broke. - tweaker456 09:39:09 07/17/21 (2)
- RE: When I was that age, I was flat on my ass broke. - srdavis2000 10:34:55 07/17/21 (1)
- RE: When I was that age, I was flat on my ass broke. - tweaker456 10:40:03 07/17/21 (0)
- When we bought our house, we COULD afford it. - ghost of olddude55 09:31:50 07/17/21 (15)
- RE: When we bought our house, we COULD afford it. - srdavis2000 09:47:17 07/17/21 (12)
- Government is the only entity that can. - ghost of olddude55 09:52:14 07/17/21 (11)
- RE: Government is the only entity that can. - srdavis2000 10:10:22 07/17/21 (10)
- RE: Government is the only entity that can. - tweaker456 10:36:56 07/17/21 (2)
- RE: Government is the only entity that can. - srdavis2000 10:53:41 07/17/21 (1)
- RE: Government is the only entity that can. - tweaker456 11:29:15 07/17/21 (0)
- RE: Government is the only entity that can. - tweaker456 10:30:12 07/17/21 (0)
- If government hadn't created the 401(k), you'd likely have nothing. - ghost of olddude55 10:17:20 07/17/21 (5)
- +1 Private sector employers...renege on pension guarantees all the time. - Jay Buridan 16:46:48 07/17/21 (0)
- RE: If government hadn't created the 401(k), you'd likely have nothing. - srdavis2000 10:45:35 07/17/21 (3)
- I'll be dead, so why do I care? - ghost of olddude55 11:13:25 07/17/21 (2)
- RE: I'll be dead, so why do I care? - srdavis2000 11:39:08 07/17/21 (0)
- RE: I'll be dead, so why do I care? - tweaker456 11:32:38 07/17/21 (0)
- RE: When we bought our house, we COULD afford it. - tweaker456 09:44:17 07/17/21 (1)
- Tax deferment? - ghost of olddude55 09:48:18 07/17/21 (0)