tag:blogger.com,1999:blog-6837298353619193887.post6815655763385967399..comments2023-11-24T09:51:17.914-08:00Comments on One Fabulous Mom: Finance Week- Who Wants To Retire a Millionaire?The Mrs.http://www.blogger.com/profile/05665800276194590859noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6837298353619193887.post-83074396022575221072008-07-29T05:27:00.000-07:002008-07-29T05:27:00.000-07:00I am glad you wrote this post because I don't thin...I am glad you wrote this post because I don't think most people understand the time value of money. Out of all of my friends (mid to late 20's) only a handful are on track to be able to retire at 55 - 65. It is just so much cheaper to start saving early.<BR/><BR/>My husband and I are planning to retire at 55, so we have been working towards that. It is so much easier when you pay yourself first (btw, I love that concept from David Bach). <BR/><BR/>I think a lot of the financial problems people are in now is a result of them living above their means and not having enough money saved for emergencies. I have heard that most people are 1-2 paychecks away from bankruptcy.<BR/><BR/>I hope you enjoy your week!Lauren @ Adventures of a Southern Newlywedhttps://www.blogger.com/profile/05745032315605677916noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-57530079729280917902008-07-29T04:25:00.000-07:002008-07-29T04:25:00.000-07:00Great post - I love reading about financial planni...Great post - I love reading about financial planning. Putting it into practice, though, is the difficult thing. Did you ever hear about a "rule" for how many times your salary you should have saved by ages 30, 35, 40, 45, etc. in order to be able to retire? I heard something about that once, but don't remember the details.<BR/><BR/>Love your blog!Kay's Preppy Play Placehttps://www.blogger.com/profile/17277721157626385977noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-75602172860652347532008-07-28T15:53:00.000-07:002008-07-28T15:53:00.000-07:00Looking forward to learning more ways to cut back!...Looking forward to learning more ways to cut back! <BR/><BR/>ps. What is Kenady's tilapia?Always Organizinghttps://www.blogger.com/profile/06057541955302935728noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-86515545742618330102008-07-28T14:49:00.000-07:002008-07-28T14:49:00.000-07:00I started saving as soon as I started working/baby...I started saving as soon as I started working/babysitting. Recently I haven't been saving as much but this definitely inspired me!Katehttps://www.blogger.com/profile/00754129167778925729noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-1042899507659603152008-07-28T14:28:00.000-07:002008-07-28T14:28:00.000-07:00Oh how I wish I could save!! But it's the old dile...Oh how I wish I could save!! But it's the old dilemma - bags, holidays, cocktails, adventures - or bonds and mutuals? I am SUCH a slacker ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-64176331270492948262008-07-28T12:04:00.000-07:002008-07-28T12:04:00.000-07:00My kids are teens and I've already started beating...My kids are teens and I've already started beating this in their heads. I'm afraid a million won't be enough to retire for me...it's scary...Linda Shttps://www.blogger.com/profile/01236800337746995879noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-27511364359362560322008-07-28T11:58:00.000-07:002008-07-28T11:58:00.000-07:00I love things like this and have read lots on it. ...I love things like this and have read lots on it. I always find it very interesting how people spend/save their money. I unfortunately am a spender so my future husband needs to be a saver-note for you! ;-) Although, I'm getting better at paying myself first. Age will do that to you! <BR/><BR/>I use my Amex card a lot and when I get the year end statement (they break it all down by items & places) it's frightful to see how little things- Starbuck's,etc. add up. VERY scary actually. Having that visual hit home for me as each month it doesn't seem like that much. I'm much more aware of things like this than I was a few years ago. <BR/><BR/>Did you ever do the Oprah debit diet? That was fun. <BR/><BR/>Can't wait to hear more! I think things are out of control for most people right now! My parents lived below their means and I personally think it's hard for most American's to do that these days. We feel so entitled.Tres Poshe Preppyhttps://www.blogger.com/profile/12566907466810110470noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-1936036237870956132008-07-28T11:10:00.000-07:002008-07-28T11:10:00.000-07:00hmmmm......my husband and I are 44 and 42, respect...hmmmm......my husband and I are 44 and 42, respectively, and have always been careful planners....we put away $1400/month and I thought we were putting away almost TOO MUCH....but according to these calculations, maybe not???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-57050766143302405192008-07-28T10:59:00.000-07:002008-07-28T10:59:00.000-07:00Thanks for the great advice! Love your blog!Thanks for the great advice! Love your blog!Anonymoushttps://www.blogger.com/profile/04684557886598010854noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-59790085513316767902008-07-28T10:12:00.000-07:002008-07-28T10:12:00.000-07:00Tahnks for the fabulous money tips...been saving s...Tahnks for the fabulous money tips...been saving since i was right out of school, so hopefully I will be in good shape. although the stock market sucks right now!!Clarehttps://www.blogger.com/profile/02425608955769498145noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-59778465737589559482008-07-28T10:06:00.000-07:002008-07-28T10:06:00.000-07:00I can't wait for this series. I do need some help...I can't wait for this series. I do need some help in saving $$. Boy can I spend it!! No help needed there.<BR/><BR/>BTW I love your blog! I have a link to it on my blog. I wanted to let you know I nominiated you for "Hottest Mommy Blogger" for the 2008 Blogger's Choice Awards. Check it out here...<BR/>http://www.bloggerschoiceawards.com/blogs/show/54263.<BR/><BR/>Christy<BR/>aka The Write GalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-72902122094460400412008-07-28T09:13:00.000-07:002008-07-28T09:13:00.000-07:00I'm loving this already. Can't wait to learn more!...I'm loving this already. Can't wait to learn more!Bellehttps://www.blogger.com/profile/14216941806907177541noreply@blogger.comtag:blogger.com,1999:blog-6837298353619193887.post-90751067185894368542008-07-28T08:37:00.000-07:002008-07-28T08:37:00.000-07:00I met my husband while doing some financial planni...I met my husband while doing some financial planning as a single 20-something. He helped me set up a retirement fund, life insurance policy, and will.<BR/><BR/>In October, we will be married 10 years. Both of our daughters already have their savings plans that will make them millionairs too.Scarlet O'Karahttps://www.blogger.com/profile/11676379929000842913noreply@blogger.com