Being the saver I am, I am always surprised to meet people who do not believe it’s necessary to set spending guidelines and limits for ourselves and put money aside on a regular basis.
They figure that saving is either for boring people, or it will take care of itself.
Most often, these are affluent people who probably don’t have to worry too much right now in their lives about finances because they are making big salaries that definitely put them in the top 5-10% of wage earners.
Cutting back or budgeting just seems so silly to them. They also make a point of providing their children with every possible indulgence, from expensive gourmet food, to their own expensive smart phones, to lavish vacation trips, etc., etc.
But here’s my concern.
They figure that saving is either for boring people, or it will take care of itself.
Most often, these are affluent people who probably don’t have to worry too much right now in their lives about finances because they are making big salaries that definitely put them in the top 5-10% of wage earners.
Cutting back or budgeting just seems so silly to them. They also make a point of providing their children with every possible indulgence, from expensive gourmet food, to their own expensive smart phones, to lavish vacation trips, etc., etc.
But here’s my concern.
RSS Feed