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Old 07-02-2011, 08:47 PM
 
Location: NC
940 posts, read 969,108 times
Reputation: 1241

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Quote:
Originally Posted by Texas User View Post
Lose in what sense?
Seriously?
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Old 07-02-2011, 08:57 PM
 
874 posts, read 1,648,800 times
Reputation: 790
What's your job? Look for a new job with better pay? Some people are too scared/lazy to find a new job, and most wont go to a job that's across the nation that pays $30,000 more because it's too much trouble and far away. I don't see other solutions, unless you move to a cheaper place and be more frugal, but you didn't elaborate in your OP so we don't know the exact position you are in and your lifestyle.....
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Old 07-02-2011, 09:00 PM
 
3,488 posts, read 8,221,387 times
Reputation: 3972
Quote:
Originally Posted by unseengundam View Post
I know a lot of guys overspend too, BUT I am not going to be marrying anyone of them! I only interested in looking at girls and there a lot of them who are over spenders! I personally think my mother is a BIG spender even though we don't have much money which why my parent's retirement sucks.

I actually know one 1 of guy friends has 0 saving and really needs get it together. I do some friends, who are girls, so seem to actually save more money than me.
Silly to worry about this before you have even found someone you are seriously interested in. Of the couples I know by FAR the majority of the women had their ducks in more of a row than their men.
I had WAY more money than my DH when we met. Now he makes way more than me.
A lot of women I know have high income husbands who had to pay down debt when they got together.
Just don't pick a dependent, needy woman and things have a way of evening out over the long term. Simple!

Quote:
Originally Posted by Texas User View Post
Lose in what sense?
Quote:
Originally Posted by pipsters View Post
Seriously?
Lol pipsters, that was exactly what I was going to post with regards to Texas Users post!

I absolutely agree the more you have the more you worry about losing it. We have exactly the same problem. We've built up a nice net worth and with the economy the way it is it can be worrying. Especially when the banks were having so many issues - we were opening accounts all over the place to keep within FDIC insured limits.

Now we're worrying about the devaluing dollar, real estate collapse, stock market volatility, etc.
Sometimes it feels like there's no safe place for built up wealth!
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Old 07-02-2011, 09:08 PM
 
Location: Western North Carolina
8,044 posts, read 10,635,981 times
Reputation: 18919
I'm 50 and haven't been able to save a dime. I think you'll be ok.
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Old 07-02-2011, 11:18 PM
 
5,730 posts, read 10,127,514 times
Reputation: 8052
1. Determine when you want to retire and the Amount necessary to live in the place and lifestyle you choose.

2. Pick a low interest rate you should be able to get (Say 5-7%)

3. Determine how much you need to save every month to do that.

4. Determine what kind of 'short term' emergencies you may have and save enough.

5. Put back a year or so's worth of basic expenses incase of job loss.

6. Enjoy life, knowing that you are on track or slightly ahead.
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Old 07-03-2011, 08:11 PM
 
12,671 posts, read 23,808,210 times
Reputation: 2666
Quote:
Originally Posted by pipsters View Post
Seriously?
Yes.................
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Old 07-03-2011, 08:12 PM
 
12,671 posts, read 23,808,210 times
Reputation: 2666
Banks are 100% safe if they are FDIC.
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Old 07-04-2011, 06:11 AM
 
3,488 posts, read 8,221,387 times
Reputation: 3972
Quote:
Originally Posted by Texas User View Post
Yes.................
Quote:
Originally Posted by Texas User View Post
Banks are 100% safe if they are FDIC.
You are utterly clueless aren't you?

Banks have FDIC limits. Google it.
You do not want over the FDIC limit if your bank goes under. Hence needing to spread out funds when things were looking bad.
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Old 07-04-2011, 02:03 PM
 
12,671 posts, read 23,808,210 times
Reputation: 2666
Quote:
Originally Posted by Hobokenkitchen View Post
You are utterly clueless aren't you?

Banks have FDIC limits. Google it.
You do not want over the FDIC limit if your bank goes under. Hence needing to spread out funds when things were looking bad.
Up to $250K FDIC.
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Old 07-04-2011, 04:01 PM
 
3,488 posts, read 8,221,387 times
Reputation: 3972
Quote:
Originally Posted by Texas User View Post
Up to $250K FDIC.
Bingo. So problematic if you have more than this in liquid funds which we did when the banks were having trouble.
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