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507

This is one of the big problems with people today. They live well above their means even when they are making good money. How the fuck can you be broke when you are bringing in ~$140k/yr? Well, you live above your means... For fuck sake, they have $60k in CAR debt.

Archive: https://archive.today/tffPR

From the post:

>A finance guru tore into a woman about her and her partner's spending habits despite them earning a combined income of $11,500 a month. David Ramsey, an American radio personality known for his ultra-frugal advice, spoke to a woman called Alyssa who explained she and her husband do not contribute to their retirement and have just $3,000 in savings. They are also in debt to the tune of $138,000.

This is one of the big problems with people today. They live well above their means even when they are making good money. How the fuck can you be broke when you are bringing in ~$140k/yr? Well, you live above your means... For fuck sake, they have $60k in CAR debt. Archive: https://archive.today/tffPR From the post: >>A finance guru tore into a woman about her and her partner's spending habits despite them earning a combined income of $11,500 a month. David Ramsey, an American radio personality known for his ultra-frugal advice, spoke to a woman called Alyssa who explained she and her husband do not contribute to their retirement and have just $3,000 in savings. They are also in debt to the tune of $138,000.
[–] 1 pt

Should have saved for retirement instead of relying on handouts from the next generation.

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I thank obama and the 2008 debacle wiping out my retirement.

[–] 1 pt

Was your retirement $5 and a pint of milk? If 2008 "wiped out" your retirement, you saved very little or completely failed to hedge it or both.

[–] 0 pt

Whatever, you can judge all you want, I don't care, it happened and I lost. Massively. We all take our turn so, heed your own words and save every which way you can, never take anything for granted.