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You invested in other people's future. That doesn't seem like a bad thing, and it seems like you could afford to do it. Don't beat yourself up over not having
by jki275 7y ago
You invested in other people's future. That doesn't seem like a bad thing, and it seems like you could afford to do it.
Don't beat yourself up over not having a lot of money in the bank, it seems like you've still got your financial life mostly in order.
I often have to remind myself of this, as I send a significant amount of money to another country to help my spouse's family -- It's a significant amount for me, but it's generationally life changing for them to be able to get advanced education. Doesn't really make me feel happier when I look at my bank balance, but there are other things that are more important than a bank balance.
- travisjungroth 7y ago> it seems like you could afford to do it They have a negative net worth. They could not afford to do it.
- fersho311 7y agoTechnically true. Depends on how long my wife lets me mooch off there, and I’m also winding down the number of people I help. I should be net zero starting next year and really positive when my RSU vests in a few months
- jki275 7y agoWhile perhaps pedantically true, he just said he’s got RSUs and certainly he’s got a 401k and probably other savings if he’s making 300k a year. You could look at my bank balance and make the claim that I’m “negative net worth” too, but it wouldn’t be accurate because that bank balance doesn’t tell the whole story.