10 Money Lessons From Elderly Americans Who Have Seen It All

[MasterBlaster]

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

10 Money Lessons From Elderly Americans Who Have Seen It All

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.

 

[NW-Bound]

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.

 

[Moemg]

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!

 

[Turboslacker]

Exactly my philosophy...do both

 

[Sarah in SC]

Boy that number 10 really is fantastic.
Thanks for the gem!