4 ms·

First time commenting on hacker news: Just wanted to say there's a difference between enjoying a treat you've worked for, and saving for retirement. When you h

First time commenting on hacker news: Just wanted to say there's a difference between enjoying a treat you've worked for, and saving for retirement. When you have no clue how long you might live and how expensive your taxes, insurance, mortgage, medical bills, etc might cost in the future, it breeds the mindset of 'save as much as possible as quickly as possible so I can feel safe and relaxed about my future.'

stegosaurus 11y ago
Yeah. I get bored of trying to explain this. I don't really care about fancy food and toys and cars and blah. Yeah, they are nice, but they are side effects of saving for housing and so on. The absurd thing is how irrelevant and cheap they are. I could buy a brand new car once per year and scrap it for less than my rent. Ace. A tiny tiny number of people find themselves in a position in which they have the choice to accumulate 'more than they need'. We used to call them millionaires, but suburban homes are starting to cost that now.