Comments on: Some New Savings Targets To Shoot For? https://eliteedgemoney.com/new-saving-target-recommendations/ Money | Minimalism | Mohawks Fri, 23 Mar 2018 10:43:59 +0000 hourly 1 https://wordpress.org/?v=7.0 By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-266020 Fri, 23 Mar 2018 10:43:59 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-266020 In reply to B.C Kowalski.

You’re welcome to speak your mind at all times here, sir :) You know we love it!

]]> By: B.C Kowalski https://eliteedgemoney.com/new-saving-target-recommendations/#comment-266004 Thu, 22 Mar 2018 16:46:58 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-266004 Locally in Wisconsin, a finance “expert” offered some advice on how to save more, but at the end mentioned their $220 cable bill. Prime candidate for a financial face punch! After reading blogs such as this, MMM, Frugalwoods and others, most of the financial “expert” advice I read now drives me insane. And I would say one of the most common offenses is substituting annual “salary” when they mean “expenses.” I know of course that I am preaching to the choir here, but I had to rant somewhere! lol

]]> By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265956 Wed, 21 Mar 2018 11:00:54 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265956 In reply to Loonie Sue.

Hell yeah you are!! 40% is no joke!

(And you win the prize for the LEGO movie – click here to receive it ;))

]]> By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265955 Wed, 21 Mar 2018 10:56:35 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265955 In reply to Robert.

Apparently! :)

]]> By: [HCF] https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265950 Wed, 21 Mar 2018 09:15:48 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265950 I would not jump into the comparison part (because you should not bring a knife into a gunfight), but taking into account the US standards and responsible planning these targets should be easily achievable and more. It says basically that you should have a 20% savings rate which I don’t see as a “mission impossible”.

]]> By: Loonie Sue https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265948 Tue, 20 Mar 2018 18:17:24 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265948 The LEGO movie!!!
I agree this is a weird metric but at 41yo, I have about 5x my salary (including current pension value), so I guess I’m doing ok by their standards! More importantly, we’re not spending nearly as much as we take in (we have a savings rate of about 40%), so we’re doing ok by more reasonable standards as well!

]]> By: Robert https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265947 Tue, 20 Mar 2018 16:30:41 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265947 Does this mean if I get a super low paying job nearing retirement that all my financial worries are solved?

]]> By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265946 Tue, 20 Mar 2018 10:51:32 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265946 In reply to James.

I know – it’s bad :( You really have to stop and WANT IT BAD to get your finances in order because everything around us is in cahoots to take it from us! And the longer the spending becomes habit the harder it is to break those chains too :( Although still very much possible! I love seeing people in their 50s or 60s coming to this blog to start paying attention as much as it kills me.

]]> By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265945 Tue, 20 Mar 2018 10:48:24 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265945 In reply to Ms ZiYou.

Good job :)

]]> By: J. Money https://eliteedgemoney.com/new-saving-target-recommendations/#comment-265944 Tue, 20 Mar 2018 10:47:45 +0000 https://staging.eliteedgemoney.com/?p=55485#comment-265944 In reply to Working Optional.

Pretty much, yup :(

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