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05-03-2007, 01:34 PM
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#1
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,859
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"The flashback budget"
Liz Pulliam Weston can save us all $15K/year minimum on our expenses right now! All we have to do is...
Imagine it's the '70s, only without bell-bottom jeans.
__________________
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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Re: "The flashback budget"
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05-03-2007, 01:38 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Mar 2006
Location: Houston
Posts: 2,155
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Re: "The flashback budget"
I'm surprised at the % for TV Set and Car A/C and Cell phone. I thought they would be much higher.
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Re: "The flashback budget"
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05-03-2007, 01:41 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: "The flashback budget"
Just dont flash back to your 80's budget...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: "The flashback budget"
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05-03-2007, 01:46 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
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Re: "The flashback budget"
Thinking about how life was in the 1970's makes me feel pretty good about my LBYM lifestyle now. We have a lot more/better stuff now (it's those hedonistic adjustments!), yet we can afford it all on one of our salaries.
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Re: "The flashback budget"
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05-03-2007, 05:16 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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Re: "The flashback budget"
It is interesting how we talk about life in terms of things.
I wonder how we could compare our lives in terms of interpersonal gains/losses or changes.
What would a survey on that look like?
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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Re: "The flashback budget"
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05-03-2007, 07:50 PM
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#6
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Full time employment: Posting here.
Join Date: Dec 2006
Location: Florida
Posts: 854
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Re: "The flashback budget"
We certainly couldn't have had this "conversation" in the 70's.
__________________
I would not have anyone adopt my mode of living...but I would have each one be very careful to find out and pursue his own way, and not his father's or his mother's or his neighbor's instead. Thoreau, Walden
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Re: "The flashback budget"
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05-03-2007, 08:37 PM
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#7
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Recycles dryer sheets
Join Date: Apr 2007
Posts: 491
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Re: "The flashback budget"
Unfortunately, this is why SS is so expensive for those paying and such a deal for those receiving. For current retirees, SS is effectively paying for a 2005 lifestyle based on contributions sized on 1970 lifestyle.
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Re: "The flashback budget"
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05-03-2007, 08:50 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Nov 2005
Location: North of Montana
Posts: 2,769
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Re: "The flashback budget"
Let's see, in the early seventies I:
1) made $700/month
2) drove an Austin Healy Sprite (998 cc engine, 45+mpg-imperial gallon)
3) lived in a 500 sq ft basement suite (no air, no tv much less cable)
4) spent money on single ladies and partying
5) had the best time of my life
Today I:
1) make more per month than I did per year then
2) drive a Mustang GT (V8) and DW has a vehicle too
3) live in 2500 sq ft house with A/C, cable etc but no cell phone.
4) let DW spend what she wants (or else I might die)
5) have a good time
6) am FI and will be RE (if not ER) in less than a month.
Other factors include DW 'retiring' 27 years ago to look after kids.
But, I never bought/wore/would-be-caught-dead-in bell bottoms. I guess the money I saved back then by not buying them bought me all this stuff. Hurray for me!
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
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Re: "The flashback budget"
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05-03-2007, 08:56 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
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Re: "The flashback budget"
er, I was born in the 80's. The only thing I know about the 70's I learned from history books, VH-1's "I love the 70's" show, and the "That 70's Show" on Fox. 
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Re: "The flashback budget"
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05-03-2007, 11:17 PM
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#10
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,859
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Re: "The flashback budget"
 Quote:
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Originally Posted by justin
er, I was born in the 80's. The only thing I know about the 70's I learned from history books, VH-1's "I love the 70's" show, and the "That 70's Show" on Fox. |
Enjoy it while you can, grasshopper!
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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Re: "The flashback budget"
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05-04-2007, 06:18 AM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,231
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Re: "The flashback budget"
Quote:
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Originally Posted by Nords
Enjoy it while you can, grasshopper!
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He probably doen't know what this is either... 
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Re: "The flashback budget"
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05-04-2007, 07:01 AM
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#12
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,745
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Re: "The flashback budget"
er, I was born in the 80's. The only thing I know about the 70's I learned from history books, VH-1's "I love the 70's" show, and the "That 70's Show" on Fox.
And don't take "That 70's Show" to be the gospel! Juice boxes weren't invented yet, Intellivision II didn't come out until 1982, and Kitty's Corolla would've been a rusted-out shell after 1 or 2 Wisconsin winters!
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Re: "The flashback budget"
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05-04-2007, 07:40 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
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Re: "The flashback budget"
Quote:
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Originally Posted by Nords
Enjoy it while you can, grasshopper!
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Well, I'll always be "born in the 80's". I'll just start feeling old when I start seeing these "born in the 90's" kids growing up.
And of course I got the grasshopper reference, Nords-san! That's an 80's reference!
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Re: "The flashback budget"
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05-04-2007, 07:41 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
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Re: "The flashback budget"
Quote:
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Originally Posted by Andre1969
Juice boxes weren't invented yet...
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Life without juice boxes is hardly worth living.
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Re: "The flashback budget"
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05-04-2007, 08:19 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 1,071
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Re: "The flashback budget"
And I've become more conservative in my thinking since the 70s:
Never trust anyone over under thirty fifty. 
__________________
Compounding: Never forget! Never not remember!
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Re: "The flashback budget"
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05-04-2007, 09:56 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,305
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Re: "The flashback budget"
Quote:
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Originally Posted by Greg
And I've become more conservative in my thinking since the 70s:
Never trust anyone over under thirty fifty. ... make that sixty ... please |
__________________
Life is GREAT!
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Re: "The flashback budget"
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05-04-2007, 10:29 AM
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#17
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 160
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Re: "The flashback budget"
Ummmm....how about sixty-five?
LooseChickens
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Re: "The flashback budget"
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05-04-2007, 10:34 AM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: "The flashback budget"
My dad pointed out that its only four short years until I hit the big 5-0.
Gosh, thanks a bunch.
In the 70's, I had a crappy car that always needed work, lived in a single room apartment, had a good job that paid well, and was constantly trying to make ends meet. No cable, small tv, about 3 outfits worth of clothes.
I kinda like the 90's/00's version of my life, to be earnest...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: "The flashback budget"
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05-04-2007, 10:40 AM
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#19
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Full time employment: Posting here.
Join Date: Oct 2003
Posts: 961
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Re: "The flashback budget"
Since we're all getting nostalgic a bit, my mom recently pulled out my old Star Wars and SuperFriends sheets for my son. Naturally he started refusing to have anything else on his bed. Ahhhh, just like his ol' man. I'm just glad she didn't save my Green Lantern underoos.
- Alec
ps - just to make Justin jealous, we've still got our old Castle GreySkull.
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Re: "The flashback budget"
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05-04-2007, 11:01 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,005
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Re: "The flashback budget"
Quote:
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Originally Posted by ats5g
ps - just to make Justin jealous, we've still got our old Castle GreySkull. |
That would make me really jealous. Except I have Castle Greyskull, Snake Mountain (Skeletor's castle), He-man bedsheets, and a ton of other He-man stuff my mother saved from when I was a kid.
On a related note, up-up-down-down-left-right-left-right-B-A-start anybody?
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