Comment on YSK that you can/should budget yearly for long term purchases
tomi000@lemmy.world 1 week agoYes this post seems to come from a place where savings arent a thing or at least unusual.
Comment on YSK that you can/should budget yearly for long term purchases
tomi000@lemmy.world 1 week agoYes this post seems to come from a place where savings arent a thing or at least unusual.
rowinxavier@lemmy.world 1 week ago
I come from a poor background, so having any large pot of cash was always risky due to “emergencies” requiring those funds. I got out of that living situation and now finally have more money than my living expenses for the first time. None of my family were actually good with money, so that is the background for this post. So yes, correct.
tomi000@lemmy.world 6 days ago
Thought so. Didnt want to sound judgy or anything, many people arent lucky enough to “learn about money” growing up and it sucks. Good for you to be able to afford more than you need for survival now. Dedicated cash pools for your goals or eventual replacements are a good step forward especially for people who arent used to having “spare money” and tend to spend it immediately.
rowinxavier@lemmy.world 6 days ago
Yeah, lots of people from my background are sensitive about it but honestly, nobody around me understood money and therefore couldn’t have taught me. I knew very little about money until later in my adulthood and at that point I didn’t have more than I needed. Now I have a little bit of excess and managing that has been a great learning experience.