Danmar
Thinks s/he gets paid by the post
Mine too. I sometimes forget how easy it is to be a "keyboard jockey" and dispense advice without know the particulars of someone's situation. Nevertheless, certain general principles of dealing with people transcend specific scenarios, as evidenced by the frequency they are encountered and discussed on this site.
Lots of good advice on this particular thread. I only hope that my friends (and family members) who aren't saving come to their senses before we end up having an awkward conversation about their spending habits/history.
Yes. A good thread. But I'm not sure the fact that family or friends have made poor financial decisions would necessarily result in such a conversation. (Other than my daughter or my mother whose financial affairs I look after) I don't know or want to know how other people have managed their financal affairs. Of course if they ask for advice I would give it. I just assume that everybody has things under reasonable control unless they tell me otherwise. The fact that I am retired and have done reasonably well is pretty obvious to our friends but that is certainly not our intent.