What if your future self doesn't make it to financial freedom? Will you be angry because you didn't live to be 25, or will you be happy because you are the richest person in the cemetery?
It's a bit of an exaggeration, but saving and doing without everything isn't everything.
It's a bit of an exaggeration, but saving and doing without everything isn't everything.
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@Alpalaka If you're dead, you're no longer annoyed. And if you end up in a nursing home, you don't have to worry about the costs.
It doesn't do me any good if I'm in a nursing home at 55, dependent on the state or relatives, but can tell myself how great it was that I'd already been to Thailand 5 times by the time I was 30 🤷🏻♂️
As is so often the case, it just depends on your personal attitude
It doesn't do me any good if I'm in a nursing home at 55, dependent on the state or relatives, but can tell myself how great it was that I'd already been to Thailand 5 times by the time I was 30 🤷🏻♂️
As is so often the case, it just depends on your personal attitude
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•@DividendenWaschbaer At least then I was "alive"
I can imagine that when you're sitting in a nursing home in your mid-50s, the would-have-been questions come up.
What you tell others about how great you were and what you experienced is irrelevant at first
I can imagine that when you're sitting in a nursing home in your mid-50s, the would-have-been questions come up.
What you tell others about how great you were and what you experienced is irrelevant at first
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@Alpalaka I see it exactly the same way
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@Alpalaka It's better this way than not having enough pension in old age and then having to collect deposits and continue working because you failed to save wisely beforehand.
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•@Metis definitely!
The aim should be to have enough money left over in old age.
I just don't feel like turning over every penny twice now just because I might need it in 30 years' time
The aim should be to have enough money left over in old age.
I just don't feel like turning over every penny twice now just because I might need it in 30 years' time
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@Alpalaka I think there is no right or wrong at this point.
The middle way will probably be the right one.
Having an overview of your finances, being able to afford things here and there, but still saving something to the side.
I can only speak for myself personally, but I don't need a lot of material things to be happy, but if I really want something, I just buy it ;)
Money is not the world, but without it is also boring.
The middle way will probably be the right one.
Having an overview of your finances, being able to afford things here and there, but still saving something to the side.
I can only speak for myself personally, but I don't need a lot of material things to be happy, but if I really want something, I just buy it ;)
Money is not the world, but without it is also boring.
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•@Alpalaka Nursing homes and saving don't go together. You can have saved all your life and kept your money together. And then you're dependent on a nursing home. In my parents' case, it's even double. Almost €6,000 a month quickly melts away your savings, and sooner or later you have to rely on the state. What have I learned from this? Trying to accumulate money at a healthy age in order to spend it at some point (before you are too old or in poor health).
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•@Alpalaka what kind of ideas do people have about what a nursing home is...interesting...
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