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Does money matter when you get older?
Does money matter when you get older?
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10-09-2023, 11:20 AM
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#1
- Brommando
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- Brommando
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Does money matter when you get older?
Misc as you keep getting older, does the desire and satisfaction of having a big bank account die?
Was thinking, since we make most of our decision college/car/house/marriage in our 20s, would it even matter if you were a 50yo with a 50mil net worth?
Was thinking, since we make most of our decision college/car/house/marriage in our 20s, would it even matter if you were a 50yo with a 50mil net worth?
10-09-2023, 11:26 AM
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#2
- friesbruh
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- friesbruh
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the older i get, the more it matters, i think in part because as you have incrementally more success at your career or whatnot, its easier to see how x number of dollars changes things. and then for me that x increase can cause things to go exponential as a higher salary can let you invest in appreciating assets, and it isnt just a dollar-for-dollar gain from there.
big challenge i think is that society has degraded so quickly that dealing with the vast # of dumbfuks roaming the streets and breathing our oxygen can cause that pursuit to, sometimes, seem like its not worth it. if you can stay the course thru that, you can make it.
hope this helps.
big challenge i think is that society has degraded so quickly that dealing with the vast # of dumbfuks roaming the streets and breathing our oxygen can cause that pursuit to, sometimes, seem like its not worth it. if you can stay the course thru that, you can make it.
hope this helps.
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10-09-2023, 11:31 AM
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#3
- HMFIC_BROWSIN
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- HMFIC_BROWSIN
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The average person upgrades their life as their income (or more rarely, net worth) goes up.
I have not become a spendy guy as I've made more money.... i am a minimalist by nature, and even if I'm given something for free it always feels like a burden to my existence.
As a kid I was raised by spendy boomer parents who also taught me how to relentlessly save money for myself, so I think that upbringing helped.... I avoid buying chit the way they did, because I saw no benefit to it, and I save/invest my own money because that is what I was taught.
I think people who have a car payment are imbeciles way below me.
I have not become a spendy guy as I've made more money.... i am a minimalist by nature, and even if I'm given something for free it always feels like a burden to my existence.
As a kid I was raised by spendy boomer parents who also taught me how to relentlessly save money for myself, so I think that upbringing helped.... I avoid buying chit the way they did, because I saw no benefit to it, and I save/invest my own money because that is what I was taught.
I think people who have a car payment are imbeciles way below me.
10-09-2023, 11:34 AM
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#4
- SirFapsAIot
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- SirFapsAIot
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it matters even more as you get older srs
also if you can't buy it in cash
you can't afford it
also if you can't buy it in cash
you can't afford it
10-09-2023, 11:48 AM
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#5
- Brommando
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- Brommando
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Originally Posted By friesbruh⏩
Yeah what you wrote in the last para is exactly how I feel, people can be happy with that but I guess that's not me. Thanksbig challenge i think is that society has degraded so quickly that dealing with the vast # of dumbfuks roaming the streets and breathing our oxygen can cause that pursuit to, sometimes, seem like its not worth it. if you can stay the course thru that, you can make it.
10-09-2023, 11:59 AM
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#6
- stevebec
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- stevebec
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Originally Posted By SirFapsAIot⏩
This. It becomes even more magnified as you approach retirement age and you can see the light at the end of the tunnel, and you realize the distance is measured in dollars and not years.it matters even more as you get older srs
"Bones heal, pain is temporary, and chicks dig scars" - Evel Knievel
10-09-2023, 12:14 PM
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#7
10-09-2023, 12:26 PM
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#8
10-09-2023, 12:29 PM
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#9
10-09-2023, 12:36 PM
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#10
10-09-2023, 01:40 PM
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#11
I would think as you get older, you're just trying to see how many more years you need to wage slave before retirement. Keeping in mind anticipated social security benefits (you can go to the ssa.gov website to check this), 401k, how much is left on your house / CoL in general.
10-09-2023, 01:44 PM
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#12
- OliverHeldens
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I have enough money to generally do what I want to. After 35 money means a lot less. If you’re not confident enough by that point to realize money does not equal happiness(after like $150k per year), than it’s over.
10-09-2023, 01:44 PM
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#13
10-09-2023, 01:51 PM
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#14
Of course it matters.
You can't just strap on a new set of fake titties and then have them removed the following morning unless you're rolling in disposable income.
If you just want to live a simple life then money isn't all that important, provided you have enough to cover your simple lifestyle, but if you want to be cross-transitioning on the regular then you're gonna need to have fat stacks of dollars.
New heels and helicopter rides aren't cheap.
You can't just strap on a new set of fake titties and then have them removed the following morning unless you're rolling in disposable income.
If you just want to live a simple life then money isn't all that important, provided you have enough to cover your simple lifestyle, but if you want to be cross-transitioning on the regular then you're gonna need to have fat stacks of dollars.
New heels and helicopter rides aren't cheap.
10-09-2023, 02:06 PM
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#15
- bicmane102
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- bicmane102
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Originally Posted By Brommando⏩
money means much more when you are young, unless you have a family and kids.Misc as you keep getting older, does the desire and satisfaction of having a big bank account die?
10-09-2023, 02:08 PM
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#16
- MakesSense916
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- MakesSense916
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Originally Posted By Duckliver⏩
oh look at this trust fund idiot acting like he wouldn't be a bum without his family LOLMoney doesn’t matter
What you can accomplish with it does
If your a retarded consoomer it isn’t achieving chit
What you can accomplish with it does
If your a retarded consoomer it isn’t achieving chit
10-09-2023, 02:14 PM
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#17
- ShakeBrah
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- ShakeBrah
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Haven't cared about money since I was like 23 crew. I mean, I always try to argue for more with work, but never concerned about not having enough.
See SuperHercules' sig
10-09-2023, 02:17 PM
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#18
- crupiea
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- crupiea
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Pro tip from an old guy.
1- yes it matters even more than when you are young. No one wants to have to keep working so its important to have money in the bank.
2- 99.99999% of people wont have close to 50 million so no matter what the internet tells you, reality still exists.
1- yes it matters even more than when you are young. No one wants to have to keep working so its important to have money in the bank.
2- 99.99999% of people wont have close to 50 million so no matter what the internet tells you, reality still exists.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
10-09-2023, 02:24 PM
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#19
- loggerboots
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- loggerboots
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Originally Posted By Brommando⏩
Yes, it matters. After working for decades, you start to see light at the end of the tunnel, a day where your portfolio can sustain your lifestyle for the rest of your life, and you can stop the daily grind of career and finally get to pursue passions/interests with the diminishing healthy years you have remaining. And those pursuits will be very different from the ones you have in your 20s and may include legacy for your family and benevolence for your adult children and others in need.Misc as you keep getting older, does the desire and satisfaction of having a big bank account die?
Was thinking, since we make most of our decision college/car/house/marriage in our 20s, would it even matter if you were a 50yo with a 50mil net worth?
Was thinking, since we make most of our decision college/car/house/marriage in our 20s, would it even matter if you were a 50yo with a 50mil net worth?
The most important factor in wealth creation is time (well, if you discount luck which isn't something we have direct control of) so don't squander it. Your 50's self will thank your 20s self if you stick with a solid investment plan. Don't fall into the mindset of I'll be 50/60 so who cares).
10-09-2023, 02:28 PM
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#20
- Duckliver
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- Duckliver
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Originally Posted By MakesSense916⏩
Lmao at this red thinking he knows anything about my life other than what I’ve shared here.oh look at this trust fund idiot acting like he wouldn't be a bum without his family LOL
I’ve lived off minimum wage and 24k a year for over a decade. I also use my family inheritance to provide good wages and built responsibility and a proper work environment in an industry filled with abuse. I care about my connection with people more than my freebies, meanwhile you would still be a miserable sack of chit with any amount.
Cheers
10-09-2023, 02:50 PM
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#21
- imbeingcereal
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- imbeingcereal
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Money doesn't matter. Your assets matter. I've invested properly and now regularly gain or lose entire paychecks depending on how the stonk market does on a given day.
Assets give you optionality. Like since I have that much saved up and can earn multiples of my post-tax salary in a bull market, I don't have to worry as much about taking time consuming, high-paying careers to fund my lifestyle. What you choose to do with that optionality, however will depend on you and your personality. Lots of people engage in self-destructive behaviors or just have no hobbies/personality, which will still lead them to misery. This is why the phrase "money doesn't buy happiness" is accurate.
Assets give you optionality. Like since I have that much saved up and can earn multiples of my post-tax salary in a bull market, I don't have to worry as much about taking time consuming, high-paying careers to fund my lifestyle. What you choose to do with that optionality, however will depend on you and your personality. Lots of people engage in self-destructive behaviors or just have no hobbies/personality, which will still lead them to misery. This is why the phrase "money doesn't buy happiness" is accurate.
10-09-2023, 04:22 PM
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#22
When you make conscious financial decisions your whole life and realize you can retire at 50 while still living your best life, it sets in how much it really matters.
Buy land, vacations whenever, drive the cars you dreamed of as a kid, not having to worry about basic expenses, etc.
Buy land, vacations whenever, drive the cars you dreamed of as a kid, not having to worry about basic expenses, etc.
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10-09-2023, 04:56 PM
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#23
- ThePump0561
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- ThePump0561
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with all that's goin on in with the government it never hurts to add a little extra in your offshore accounts
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