Comments on: Can Somebody Save Too Much? http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html a little about life, and the news and events which make it memorable Sun, 02 Jan 2011 18:07:58 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Brandon http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html/comment-page-1#comment-3488 Brandon Tue, 09 Oct 2007 15:06:20 +0000 http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html#comment-3488 I am trying to save heavily right now. I realize that my cost of living is incredibly low, I don't have a family to support, and I have almost no debt. Plus, if I save now, the money will only compound faster and add up to a better standard of living later in life. I'm a college student still in the fact that I don't need all of the flashy stuff that costs way too much to be happy. I am trying to save heavily right now. I realize that my cost of living is incredibly low, I don’t have a family to support, and I have almost no debt. Plus, if I save now, the money will only compound faster and add up to a better standard of living later in life. I’m a college student still in the fact that I don’t need all of the flashy stuff that costs way too much to be happy.

]]> By: James http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html/comment-page-1#comment-3475 James Mon, 08 Oct 2007 17:52:01 +0000 http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html#comment-3475 Good to a point. Just remember, you can't take it with you. I also tend towards financial security rather than luxuries, but it seems to me like he's getting a little hung up on it. For example, having established his emergency fund, it seems to me that further contributions could be from his "leftovers" when he has them. Not to mention, $275 every two weeks is actual a fairly decent amount of discretionary money...about $7000 per year, plus his wife's contribution. I'd guess he's simply gotten used to his financial position and not really recognizing what he is getting out of that discretionary money. Good to a point. Just remember, you can’t take it with you.

I also tend towards financial security rather than luxuries, but it seems to me like he’s getting a little hung up on it. For example, having established his emergency fund, it seems to me that further contributions could be from his “leftovers” when he has them. Not to mention, $275 every two weeks is actual a fairly decent amount of discretionary money…about $7000 per year, plus his wife’s contribution. I’d guess he’s simply gotten used to his financial position and not really recognizing what he is getting out of that discretionary money.

]]> By: Jeff http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html/comment-page-1#comment-3474 Jeff Mon, 08 Oct 2007 16:40:17 +0000 http://www.digmann.com/2007/10/07/can-somebody-save-too-much.html#comment-3474 I would rather have to save more for retirement now. That way I can retire earlier! spending money != happiness financial security = happiness I would rather have to save more for retirement now. That way I can retire earlier!

spending money != happiness
financial security = happiness

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