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Re: At, Below, or Above your means
Old 03-28-2007, 06:51 PM   #10
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Quote:
Originally Posted by macdaddy
My parents' first year of retirement from the military (when they started new jobs) they spent 2% of their income on personal expenses, not including the mortgage payment which was another couple %... that's probably some kind of record... an inheritance is nice but their frugality definitely rubbed off on me in a serious way and consequently I feel uncomfortable unless I am living far below my means. For example, I get really uncomfortable sitting in a brand new car that is for sale on a lot... or buying clothes at an upper end department store... etc... sometimes I wish I could feel a little more free with my spending, but then maybe I'd be broke.
It's difficult to turn off the very behavior the made ER a reality.
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