Interesting article on Nomadic lifestyle
Nomadic lifestyle
Forum Discussion
It was an interesting read, for sure. Life is all about choices, the decisions you make. Some people make good decisions, some people make bad decisions. I have been putting away money in my 457 deferred comp plan since the day I got hired 16 years ago. I invest towards the conservative side of the middle of risk. I have "sacrificed" my spending now with the hopes that my money will grow and allow me to live more comfortably in my retirement.
I have coworkers that don't put aside a penny for the future. They are convinced that between social security and good luck (maybe inheritance?) that they will survive. They spend their entire paycheck to get by and think they will magically and comfortably be able to live on less than half of that.
There are some people who literally just get by on their earnings and can't really save for the future. I'm not sure how many people live like that and I still believe that they live that way because of decisions that they made. For those that skated by in high school, didn't go to college or learn a trade, didn't join the military or didn't do anything else to prepare yourself for the future then you have nobody to blame but yourself. On the other hand, I can imagine their are situations where you worked in a dying industry and have no other skills, are older and less likely to be hired in another "career" type job.
Either way, the main subject of this article is a couple who was intelligent, had professional jobs, had money and had the ability to invest... but blew all their money. They made their bed, now they gotta sleep in it. I feel bad for them and their poor decisions, but just barely.
I have coworkers that don't put aside a penny for the future. They are convinced that between social security and good luck (maybe inheritance?) that they will survive. They spend their entire paycheck to get by and think they will magically and comfortably be able to live on less than half of that.
There are some people who literally just get by on their earnings and can't really save for the future. I'm not sure how many people live like that and I still believe that they live that way because of decisions that they made. For those that skated by in high school, didn't go to college or learn a trade, didn't join the military or didn't do anything else to prepare yourself for the future then you have nobody to blame but yourself. On the other hand, I can imagine their are situations where you worked in a dying industry and have no other skills, are older and less likely to be hired in another "career" type job.
Either way, the main subject of this article is a couple who was intelligent, had professional jobs, had money and had the ability to invest... but blew all their money. They made their bed, now they gotta sleep in it. I feel bad for them and their poor decisions, but just barely.
