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Old 02-01-2017, 11:46 PM
 
676 posts, read 334,275 times
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Wait .... free crabs?
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Old 02-02-2017, 08:09 AM
 
Location: Myrtle Creek, Oregon
12,266 posts, read 12,507,549 times
Reputation: 19419
Quote:
Originally Posted by BayAreaHillbilly View Post
That is a really beautiful depiction. Was this all on or around the Umpqua?
No, but it was all in Oregon. I grew up here. In my 20s I would take a 2 week vacation and go work on a trawler out of Astoria.

I still don't spend money if I don't have to. If I want to go to the coast, I have friends to visit who will provide a guest room. I already have plans for this year's eclipse drowning worms on Seekseekwa and drinking beer with a buddy who lives on the Warm Springs reservation. A lifetime of having fun means I have a lifetime of friends who are always glad to see me. Their finances vary from mountain and beach vacation homes to one room flops. Thanks to a life of financial planning I can spend a couple grand on a weekend or show up with a half rack of Miller and a pizza, and have just as good a time either place.
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Old 02-02-2017, 09:39 AM
 
6,315 posts, read 3,578,007 times
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DH is about nose to grindstone 24/7. Not because he's serious or thrifty, but just the way he's put together. I'm more devil-may-care. We make a good counterbalance for each other.


We've never had a budget in fifty years of marriage other than take care of business, save a little, spend a little. Out of our relationship has grown a sort of "diet all week and have dessert on weekends" approach. (Since we're talking about food.)


I agree with those who say a little of each is a good thing. Moderation. Only ours has has been more of a starve/splurge situation over the years which has balanced out.


I also agree with those who say too much thriftiness develops into a habit that's hard to shake. I guess ones heirs will benefit from that. I don't even want a five dollar cup of coffee.
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Old 02-02-2017, 10:45 AM
 
6,256 posts, read 4,734,369 times
Reputation: 12853
Quote:
Originally Posted by Lodestar View Post
....... I don't even want a five dollar cup of coffee.
Nor do I. I drink my coffee black and find that I get a good cup at Dunkin Donuts or McDs. The $5 coffee is typically burnt, bitter and virtually undrinkable. I does hold up to enough sugar and cream to give you diabetes and lactose intolerance but I don't drink my coffee that way.
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Old 02-03-2017, 11:28 PM
 
Location: Mid-Atlantic
25,029 posts, read 23,924,861 times
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Quote:
Originally Posted by BayAreaHillbilly View Post
That is a really beautiful depiction. Was this all on or around the Umpqua?
There are crabs in Umpqua?

*I read the next page. Cheap fun is good. It's my favorite kind, really.

Last edited by Gerania; 02-03-2017 at 11:39 PM..
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Old 02-05-2017, 07:42 AM
 
676 posts, read 334,275 times
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Quote:
Originally Posted by Gerania View Post
There are crabs in Umpqua?

*I read the next page. Cheap fun is good. It's my favorite kind, really.
A certain kind of crab .... yes.
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Old 02-05-2017, 02:38 PM
 
Location: The South
5,226 posts, read 3,637,448 times
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Quote:
Originally Posted by Darth Vespa View Post
Well, OP, I thought this post was going in a different direction. My wife and I are the types that did live below our means and now are comfortable enough in retirement. The twist, however, is that our lifetime habits of frugality makes it damn near impossible to loosen up and be gypsies or butterflies or spendthrifts. That's OK, I guess; we are who we are.
Same here. We were frugal all of our lives and are now comfortable financally. Like you, we have found it is hard to learn to spend.
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Old 02-05-2017, 05:09 PM
 
29,782 posts, read 34,871,258 times
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Quote:
Originally Posted by Escort Rider View Post
Today is the tomorrow you worried about yesterday, but not enough.
The general thrust of this thread has been on my mind a lot the last week. My very best friend passed and he and I had a very philosophical difference about saving for tomorrow vs living for today. He would quote that if you are either living for living or living for dying and he was living for living now and that I was living for dying. I tried to get him to understand just what you are saying that eventually tomorrow becomes your today. While in poor health and retired he was financially not well off and always a few steps ahead of the bill collector. His wife worked and they maintained separate finances. She is now retired and the future financially for her and family will need to be played out. We were living for not dying and for being able to live comfortably with resources for our eventual today which has arrived. He saw money as a vehicle to be spent as opposed to be using for both current and future consumption.

It made me realize that what is often missing from retirement financing conversations is the concept of a store of value.

https://en.wikipedia.org/wiki/Store_of_value

Quote:
A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future.
The most common store of value in modern times has been money, currency, or a commodity like a precious metal, cryptocurrency or financial capital. The point of any store of value is risk management due to a stable demand for the underlying asset. Money is one of the best stores of value because of its liquidity, that is, it can easily be exchanged for other goods and services.[1] An individual's wealth is the total of all stores of value including both monetary and nonmonetary assets.[2]
It is a lesson that when learned young and embraced can be a life long foundation for future use. If economics was taught more in high school we might have some other future results.
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Old 02-05-2017, 07:34 PM
 
Location: Mid-Atlantic
25,029 posts, read 23,924,861 times
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Originally Posted by oldwoman View Post
A certain kind of crab .... yes.
Um, yeah! I like stone crabs, blue crabs, and have never had the other ones.
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Old 02-05-2017, 07:43 PM
 
Location: Los Angeles area
14,018 posts, read 17,740,386 times
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Quote:
Originally Posted by Gerania View Post
Um, yeah! I like stone crabs, blue crabs, and have never had the other ones.
There seem to be plenty of crabs on City-Data. Sometimes I am tempted to ask if a poster had crab salad for lunch.
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