Comments on: The Real Reason We Buy Stuff

By: J. Money

J. Money — Wed, 21 Jun 2017 21:09:15 +0000

In reply to Paul.

Yeah, I don’t mess around with “hiring” my kids either to try and game the system… I wouldn’t fare too well in jail :)

By: EL

EL — Tue, 20 Jun 2017 21:09:59 +0000

IT is easy to blame others, but before you do who’s name is your debit card? Exactly so save often and don’t blame the joneses cause they don’t control your money.

By: J. Money

J. Money — Mon, 19 Jun 2017 21:21:58 +0000

In reply to Josh. An excellent strategy indeed!

By: Josh

Josh — Mon, 19 Jun 2017 14:15:58 +0000

This is exactly why I Anti-budget. Save my intended savings goal off the top, then have no worries about where every last dollar is spent. If I don’t spend it all by the next (monthly) paycheck, toss it in savings or brokerage and start fresh in a new month.

By: Mr. Hammocker

Mr. Hammocker — Sun, 18 Jun 2017 03:28:17 +0000

I definitely agree that we can’t blame others for our financial mishaps. There are no good excuses. But Amazon and Costco continually trick us. It takes practice to avoid the marketing traps. The trap that gets me is: “It’s on sale! Buy now before it’s too late.” We must remember that we always have the choice. Delayed gratification is critical to achieving any significant wealth. Great insights!

By: Paul

Paul — Thu, 08 Jun 2017 16:44:57 +0000

In reply to J. Money.

I could see that boy opening a Roth IRA at 16 when he gets his first W2 job…..I can see it mostly because I will make him. I just wish I could find a way now to get my children some W2 or 1099 income right now so they could enjoy 50-60 years of compounding. I don’t have enough balls to hire them from my own company for advertising…

By: Paul

Paul — Thu, 08 Jun 2017 16:40:24 +0000

In reply to J. Money. Meh, I really don't see the appeal. Maybe its just because I'm a big dude but I'd rather have a suburban or Yukon XL. Really I'd rather have a Ford Raptor SVT but that just seems like a ridiculous choice in a vehicle, fun, but ridiculous.

By: J. Money

J. Money — Thu, 08 Jun 2017 13:50:12 +0000

In reply to Yaz | The Wallet Moth. It's good to have barriers like that stopping us sometimes :)

By: J. Money

J. Money — Thu, 08 Jun 2017 13:49:43 +0000

In reply to Sandy. BOOM!

By: ZJ Thorne

ZJ Thorne — Thu, 08 Jun 2017 04:22:38 +0000

I like good coffee. That’s why I buy it. There are no Joneses I’m trying to compare myself to.

Buying itself also feels good, which is why I’m trying to remember that buying assets counts as buying. There’s a childhood of deprivation that demands I take care of myself properly and not unduly deny myself.