Thread: Investing 102
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Old 07-24-2013, 08:17 AM
Tony_SS Tony_SS is offline
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Quote:
Originally Posted by Code510 View Post
I just saw this video:
I was about to share that after his 'hair on fire' comment because I thought of Greg. lol

It's all about priorities, some people are happy doing the simple things in life, some want more. Nothing wrong with either. But the principle of saving more and spending less is lost on too many, myself included.

We aren't really taught money management in public school, and like Trey said, the marketing industry does their job well, so this is the case. We work all our life and hope we can survive on SS when we need to retire, all while beyond our means.

At 39yrs old I started turning that boat around late in life, but I'm getting there, paying off medical debt, a little left on one car loan and a student loan, then I'll be left with just my mortgage, which will be a great feeling. Next year I'll be debt free and ready to get serious with investing.

I still remember selling my dream Suburban, which we all loved as a family, a classic 91 GMC square body, near perfect shape. Some guy in Chicago had to have it. I made the choice to sell high, made some $ and paid off the last credit card. It was bittersweet, but I'm happy I did it in the end.
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