3 ms·

Honestly, the "Why didn't you have an emergency fund?" are probably from people who feel the need to justify their lifestyle. I get it. It feels shitty to see

Honestly, the "Why didn't you have an emergency fund?" are probably from people who feel the need to justify their lifestyle. I get it. It feels shitty to see this person owning a house and a sports car while younger than me and making less money than me. So I need to assert that I'm making the right decisions. "Why don't you have an emergency fund?" "Aren't you saving for retirement?" I'm not saying its useful to say those things. But I totally get why one would want to.

bigtunacan 11y ago
No, it's just common sense when it comes to finance. But common sense isn't really all that common. I have the nice house and car, but I also have enough saved that if I my wife and I were both to lose our jobs tomorrow we could live for 6 to 10 years unemployed. That is not a brag; nor is it a situation I want to be in. The point is that people need to be responsible and live below their means. There are trade offs to be made. I like sports cars, but I waited to get one until I could pay it off and not be carrying a huge loan. There is something to be said for delayed gratification.