Do you live within your means?

[firstdown]

Originally Posted by mredskins

Nice post.

Here is another way of looking at it are some folks "spending" too much now on savings and retirment that you are not enjoying your current life, if so I say you are just as guilty as the person that is overspending.

You only live your life in today. That doesn't mean go crazy like there is no tommorow but damn if you have some extra cash enjoy yourself.

I don't go crazy trying to save to retire but I do my share. I agree with some of what you said but if you don't save now its to late when you get older. If times get tough you also have money set aside to get by. If you over spend you have neither. I have alot of older customers who failed to save and are just getting by living off SS and what ever else they have.

[mredskins]

Originally Posted by firstdown

I don't go crazy trying to save to retire but I do my share. I agree with some of what you said but if you don't save now its to late when you get older. If times get tough you also have money set aside to get by. If you over spend you have neither. I have alot of older customers who failed to save and are just getting by living off SS and what ever else they have.

It is a balancing act, to much on either side is unhealth. Plus define "in your means" that is going to mean something diffrent for everyone.

[Schneed10]

Originally Posted by mredskins

It is a balancing act, to much on either side is unhealth. Plus define "in your means" that is going to mean something diffrent for everyone.

I think the definition is pretty simple, if you spend more than you make, then you're living outside of your means.

[saden1]

Originally Posted by Schneed10

I think the definition is pretty simple, if you spend more than you make, then you're living outside of your means.

To put it in "common man" terms....if you put a shit load on your credit card and you can't hold on for 6 months if you were laid off without draining your entire savings...you're a broke bitch living beyond your means.