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10 Money Lessons From Elderly Americans Who Have Seen It All
Old 01-13-2014, 11:45 AM   #1
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10 Money Lessons From Elderly Americans Who Have Seen It All

There is way too much truth posted in this article...

10 Money Lessons From Elderly Americans Who Have Seen It All



Quote:
1. Young people obsess about making a lot of money. Older people wonder what they were thinking.
2. Money is often at war with time. Balance them appropriately.
3. Independence at work is crucial.
4. You'll spend 40+ hours a week at work for half a century. Make sure you enjoy it.
5. Jump at new work opportunities.
6. Not traveling enough is a key source of regret
7. To succeed at work, you need to be more than talented. You need to be nice.
8. Be frugal, but live a little.
9. Stop worrying about things you can't control.
10. Long-term thinking is a great way to live as an investor. It's a terrible way to live as a person.
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Old 01-13-2014, 12:22 PM   #2
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I like this the most.

"10. Long-term thinking is a great way to live as an investor. It's a terrible way to live as a person."

I have been trying to have more spontaneous leisure activities. Saving for old age must be balanced against the risk that I may not make it to that point.
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Old 01-13-2014, 01:14 PM   #3
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Quote:
Originally Posted by NW-Bound View Post
I like this the most.

"10. Long-term thinking is a great way to live as an investor. It's a terrible way to live as a person."

I have been trying to have more spontaneous leisure activities. Saving for old age must be balanced against the risk that I may not make it to that point.
Me too!
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Old 01-14-2014, 12:11 AM   #4
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Exactly my philosophy...do both
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Old 01-14-2014, 06:41 AM   #5
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Boy that number 10 really is fantastic.
Thanks for the gem!
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