Savings less than 10k - Page 4 - Talk About Marriage
Financial Problems in Marriage When financial times are tough, it adds to the stress we deal with on a daily basis. This section is for talking about how financial problems affect our relationships and ways to cope.

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post #46 of 48 (permalink) Old 10-29-2016, 12:39 AM
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Re: Savings less than 10k

You need to give yourself a reason to save, that's what I normally do. If you have nothing to save for either than a "rainy day" it gets difficult due to lack of motivation. Look for investment opportunities or enterprises, spend money to make more money. I haven't met anyone who got rich through savings.

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post #47 of 48 (permalink) Old 10-29-2016, 02:37 AM
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Re: Savings less than 10k

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Originally Posted by uhtred View Post
Also, a mechanic can do the work much faster than I can. Even counting the transaction costs it makes more sense for me to pay people to do things that they are good at and spend my time getting paid for things that I am good at.
Yes, that is the great benefit of specialization of labor, as a special case of the benefits of trade.

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post #48 of 48 (permalink) Old 10-29-2016, 05:53 AM
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Re: Savings less than 10k

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Originally Posted by RandomDude View Post
You need to give yourself a reason to save, that's what I normally do. If you have nothing to save for either than a "rainy day" it gets difficult due to lack of motivation. Look for investment opportunities or enterprises, spend money to make more money. I haven't met anyone who got rich through savings.
Invest in your own education...
Buy quality stuff that lasts...
Don't eat out too often...

Above all, understand what the fellow poster wrote above. Nobody got rich thru savings.

One of my office mates is absurdly frugal. But spent a lot of money for his kids sports (and even more for his kids sports surgeries ). I spent more money on my kids education. Now he's paying two full tuitions and I'm paying an awful lot less, in better schools, thanks to scholarships.
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