utiandtheblowfish

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utiandtheblowfish ,

But 53% of Americans say learning how to budget and track expenses is the most valuable money lesson they’ve learned, according to a recent survey of over 1,000 Americans from financial services company Empower. Having an emergency fund and avoiding excessive debt followed closely, each with 50% or more of respondents naming them as valuable lessons.

Baby Boomers Are Overestimating Future Social Security Income ( www.bloomberg.com )

Baby boomers anticipate that 47% of pre-retirement earnings will be replaced by Social Security, according to results of an annual survey from the Nationwide Retirement Institute. But the reality for someone making what the Social Security Administration considers the average wage in recent years, about $60,000, is more like...

utiandtheblowfish ,

I’m a good ways away from retirement (unfortunately), but I’ve always run my retirement scenarios with no SS included in my math.

I think it’ll still be there in some capacity in 20-30 years, but I have no idea what it’ll look like, so it’s easier to plan without it and be better off if it is impactful in the future.

Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month ( www.nbcnews.com )

More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds....

utiandtheblowfish ,

Large trucks in this instance are things like 18-wheelers, not trucks like the Ford F-150 or Dodge Ram.

utiandtheblowfish ,

“Fuck you money” to me is where I don’t need to work at all. Unless I am truly financially independent, I haven’t reached “fuck you money” status

utiandtheblowfish ,

Most of my hand and yard tools are Craftsman. All my battery powered stuff is Dewalt.

I’ve been happy with the combination of those over the past few years of homeownership

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