Economists say spend it while you're young

[MGYog]

Quote:

Originally Posted by Nords By the way, when Warren Buffett says "Don't save sex for old age", I'm inclined to have faith in his credibility. I'm not going to avoid popping any wads, let alone financial ones, just for the benefit of my heirs or charities...

I have a colleague whose well preserved 72 year old Dad goes EVERYDAY to a day care center for older folk, connected to a nursing home. He is the stud-muffin of the geriatric groupies, and is probably more active then when was married (his wife died about 3 years ago), with the help of a little blue pill. I sorta envy him, but not too much.

[rs0460a]

Quote:

Originally Posted by MGYog He is the stud-muffin of the geriatric groupies, and is probably more active then when was married (his wife died about 3 years ago), with the help of a little blue pill.

Which proves the statement "I'm not as good as I once was, but I'm once as good as I ever was" ...

- Ron

[pedorrero]

[Of older women:] "They don't yell, they don't tell, they don't swell, and they're grateful as hell." -- paraphrasing Ben Franklin

[harley]

Quote:

Originally Posted by cute fuzzy bunny I've been watching the aged at my dads retirement community for about 6 years now. Seems like everyone does pretty well up until around 70-71, then one spouse or the other develops a fairly serious/debilitating illness or injury that pretty much keeps them in the house. Many do well until around 75. It doesnt look too good after that for running around town until all hours, spending money and howling at the moon. The place looks like a neutron bomb landed after about 2 in the afternoon. Some people keep going though. Some travel a bunch, some hit the casinos every day, some still show up to swim laps in the pool and walk on the treadmills.

I was reading an article today in Smart Money that had an interesting damned lie in it. It said that "the proportion of people over 65 with a disablility serious enough to cause "a substantial limitation in major life activity" dropped from 26.2% in 1982 to 19.7% in 1999, according to a 2006 Census Bureau report." I'll take that as a hopeful sign for me. Keeping my fingers crossed until arthritis makes it impossible.

[lazygood4nothinbum]

i'd question my values before i'd worry about "dying with too much money". if i wanted to spend more money now, i'd still be out there earning it. but i didn't even want more when i was working. had i wanted more, i'd have put career over family, or gotten a second job or whatever. but i stopped working when i figured i had enough to maintain the lifestyle that made me comfortable when i was working. seriously, does anyone on their death bed actually think: i have too much money to die. if that's gonna be your last thought, keep working because whatever you have to spend will never satisfy.

[Donzo]

I have been free for a little over 2 years now. I find it much easier and stress free to spend money now on all the basics - utilities, gas, insurance, repairs and the unbasics nice eating out, traveling, general entertainment - this is because tracking expenses shows that we are as a family are staying well w/in budget.
My problem is buying higher end toys - even though the money is there (I'm tempted)....I will not buy another toy until the market rebounds - I am afraid that I will not enjoy it because of my frugal/careful "soul". I have been throwing money in the market as it has been falling and want to extra-refill this safety "bucket" before spending a wad on another toy (the current toy interest is $20,000). I have an internal struggle with this - because on one hand I feel it is safe to spend on the other........
Either way this "struggle" beats the hell out of working -- I guess that I always need to have something to consider/worry about!

[dex]

Quote:

Originally Posted by Donzo I have been free for a little over 2 years now. I find it much easier and stress free to spend money now on all the basics - utilities, gas, insurance, repairs and the unbasics nice eating out, traveling, general entertainment - this is because tracking expenses shows that we are as a family are staying well w/in budget.

I act the same way. It is a little like night and day.
I used to be very concerned about my small spending while working. Now I'm more worried about not spending enough.