Some people can’t be saved from their own stupidity. Do you recall the article from a couple of years ago about a woman who put her life savings in a shoebox and gave it to scammers? She claims that she never thought she would fall for something like that, but scammers can manipulate otherwise intelligent …
Seguir leyendo 58-year-old woman sends $1.5M to scammers, gets angry when 20-year-old son prevents her from taking money out of her 401K to send the scammers $30K more
Categoría:retirement
‘I’m not rearranging my entire life because she spent recklessly’: Daughter refuses to be her mother’s fallback retirement plan after the 58-year-old mom blows her savings on «treating herself»
Retirement sounds like a dream. However, most of us probably dream of our elder years being spent sipping mai tais on the beach in Hawaii, dipping into an endless pit of cash, while healthily living each day like a tourist, but that’s not a common reality. There are few who have the idyllic retirement plan …
Seguir leyendo ‘I’m not rearranging my entire life because she spent recklessly’: Daughter refuses to be her mother’s fallback retirement plan after the 58-year-old mom blows her savings on «treating herself»
Penny pinchers discuss the normal age to hit $100K in savings: ‘It seems like everyone is doing it by 21’
At what age did you save your first $100K? For some of you, that question makes you laugh out loud. You barely have $ 1,000 in savings, let alone 100 times $1,000. Saving a ton of money is not always someone’s top priority, especially if they’re paying off debt or live in a high-cost-of-living area. …
Seguir leyendo Penny pinchers discuss the normal age to hit $100K in savings: ‘It seems like everyone is doing it by 21’
34-year-old man refuses to financially assist irresponsible sister in debt after she blows through a $20k loan under her father’s name on a failed business: ‘[She] hadn’t made a single payment on her loan in the past SIX MONTHS’
Making our dreams a reality proves to be more difficult than we could ever imagine, especially if that dream is starting a small business under the capitalist machine that chews up small businesses and spits them out like expired food. Corporations usually always win, so it’s important to rage against the machine while also being …
Seguir leyendo 34-year-old man refuses to financially assist irresponsible sister in debt after she blows through a $20k loan under her father’s name on a failed business: ‘[She] hadn’t made a single payment on her loan in the past SIX MONTHS’
Old Souls: Why the dwindling prospects of retirement have turned traditionally geriatric hobbies into the new quarter-life crisis
Finally!—A yellow-throated thrush has found your bird feeder! Outfitted with hummingbird bottles, a migratory bird-specific seed tray, and an HD hidden camera, you would think that your yard would be the main hub for the neighborhood bird population, but this particular thrush has evaded you for weeks. You once felt silly for spending $200 on …
Seguir leyendo Old Souls: Why the dwindling prospects of retirement have turned traditionally geriatric hobbies into the new quarter-life crisis
20-year-old son accrues $15,000 of credit card debt, dad refuses to help pay it off with his retirement fund: ‘Every time, he swears it’ll be the last time’
A lot of parents say that they are willing to do anything for their kids, but even the most doting of moms and dads can have their limits. While many will agree that it’s understandable for somebody to continue supporting their children as they find their feet in young adulthood, there can be a fine …
Seguir leyendo 20-year-old son accrues $15,000 of credit card debt, dad refuses to help pay it off with his retirement fund: ‘Every time, he swears it’ll be the last time’
Retired parents refuse daughter’s demands to monitor their financial state, instead they spend all their savings on traveling, daughter declares: ‘I will not support you if you run out of money’
If there’s one thing I am happy about my upbringing, it’s that I had two parents with a degree in economics, who made a point to teach me how to be financially responsible ever since I was about 10. I’m serious, when I was 10, my parent first started giving me allowance, 5$ every week, …
Seguir leyendo Retired parents refuse daughter’s demands to monitor their financial state, instead they spend all their savings on traveling, daughter declares: ‘I will not support you if you run out of money’
‘I don’t know what took ahold of me’: Employee asks coworker about their retirement plans, only to discover he is 36 years old, avoids that coworker until they quit
We’ve all experienced moments in which we’ve embarrassed ourselves to the point in which we did not want to leave our house anymore. Some people even have nightmares about awkward interactions they had with other people, and they cannot help but feel haunted by the experience. Luckily, on most occasions, when enough time passes, we …
Seguir leyendo ‘I don’t know what took ahold of me’: Employee asks coworker about their retirement plans, only to discover he is 36 years old, avoids that coworker until they quit
Regretful 44-year-old retiree laments lifestyle, slams FIRE retirement strategy: ‘I would give it all back to be in my early 30s living with roommates’
For a lot of employees, it doesn’t take many years of grinding in the workforce to start dreaming of all the free time and relaxation promised in retirement. By the same token, most people will take a heck of a long time to get to a point where they can afford to retire—and some don’t …
Seguir leyendo Regretful 44-year-old retiree laments lifestyle, slams FIRE retirement strategy: ‘I would give it all back to be in my early 30s living with roommates’
‘2 years later the business closed for good’: Clueless owner fires pinball machine expert, pinball machine sales fall by 35%
There is a company for everything. There are still companies that manufacture and sell old tin lunch boxes, refrigerated vending machines, and indoor play places. It’s hard to imagine somebody dedicating their life to something so specific with no real booming industry around it. Still, some incredible people out there acquire esoteric knowledge, use said …
Seguir leyendo ‘2 years later the business closed for good’: Clueless owner fires pinball machine expert, pinball machine sales fall by 35%