tag:blogger.com,1999:blog-3758330678390419129.post6780844830969079614..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Eight Habits to Turn 'New Money' into 'Old Money' Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-70649247615626139732014-01-26T09:56:31.235-05:002014-01-26T09:56:31.235-05:00I can pay for what I have (me, wife, mother-in-law...I can pay for what I have (me, wife, mother-in-law, child). It just doesn't allow me to save. I used to earn three times what I currently earn. In case you hadn't noticed, the economy is a giant shit sandwich and many of us are eating more than our fair share. <br />Perhaps I should kill my child to have an extra hundred dollars a month? Or maybe I should have one more so that I can Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-7078021826680103622014-01-26T00:48:55.593-05:002014-01-26T00:48:55.593-05:00And why do you have a family of four in the first ...And why do you have a family of four in the first place if you can't afford it?Diogenesnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-35252107466330218562014-01-25T03:50:07.562-05:002014-01-25T03:50:07.562-05:00I drive a 1998 Hyundai and live with my family of ...I drive a 1998 Hyundai and live with my family of four in a 400 square foot apartment. I have about $100 left after utility bills, groceries, insurance--true necessities--have been paid. That $100 ends up getting eaten up by surprise visits to the doctor or saved to pay car registration renewal. Save? I can barely live. Good luck to me finishing a better job. I can't even afford to move to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10545544433928522872014-01-24T16:44:58.673-05:002014-01-24T16:44:58.673-05:00Don't forget about the impetus of inflation on...Don't forget about the impetus of inflation on saving money. Hard to beat 4% inflation at a pegged less than 1% savings account rate. Only other option is holding riskier assets in a completely manipulated and distorted market. Speaking of the difficulty of understanding beta...<br /><br />It's not hard to understand why people choose to live hand to mouth when their savings would Alaska3636noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-92010486473240536912014-01-24T16:20:18.399-05:002014-01-24T16:20:18.399-05:00It's really amazing how people can't save ...It's really amazing how people can't save money. This goes from multimillionaire sports stars who run out of money a few years after their glory days (cars, yachts, mansions, drugs) to people on welfare who run out after getting their check and spend all their money on cigarettes, booze, etc and barely have money for food.<br /><br />Whatever happened to the American attitude of saving Anonymousnoreply@blogger.com