If you are DINK…..

[dry_county]

Will you YOLO? would it affect how much you save? Just curious…..

 

[buttbERry]

here mostly bbfas though

 

[Encouragesome1]

Will you YOLO? would it affect how much you save? Just curious…..

It depends on my age
If above 5x will start to spend a bit of $ on oneself n loved ones - non necessities
Above 6x add 10%
Above 7x can freely eat as long as in budget
By 8x I don’t think I ll enjoy much thg much na … old alr anyth la seen enuf of the world alr

 

[TopGun]

It depends on my age
If above 5x will start to spend a bit of $ on oneself n loved ones - non necessities
Above 6x add 10%
Above 7x can freely eat as long as in budget
By 8x I don’t think I ll enjoy much thg much na … old alr anyth la seen enuf of the world alr

You should spend on quality food while you are younger, not the other way round. As you get older, you no longer enjoy as much.

 

[W1n7f1r3]

Will spend more quality time within discretionary spending

 

[rosschang]

here all BBFA no DINK ts ask wrong forum.

sud go reddit

 

[Encouragesome1]

here all BBFA no DINK ts ask wrong forum.

sud go reddit

Bbfa and dink all similar one na only hv spouse or no hv

 

[TopGun]

here all BBFA no DINK ts ask wrong forum.

sud go reddit

It's SINK. Single income no kids.

 

[Encouragesome1]

You should spend on quality food while you are younger, not the other way round. As you get older, you no longer enjoy as much.

I neh intend to spend less $ on good food. At e same time good nutritious food isn’t cheapest nor more expensive na

 

[Encouragesome1]

It's SINK. Single income no kids.

Thanks for correction

 

[Dividends]

It depends on my age
If above 5x will start to spend a bit of $ on oneself n loved ones - non necessities
Above 6x add 10%
Above 7x can freely eat as long as in budget
By 8x I don’t think I ll enjoy much thg much na … old alr anyth la seen enuf of the world alr

Yeah I feel like I'm spending more the older I get, when I was young, I was saving much more. It's not because of inflation, but rather, I'm willing to spend more on experiences and better quality stuff which I'd avoid when I was younger.

 

[TopGun]

I neh intend to spend less $ on good food. At e same time good nutritious food isn’t cheapest nor more expensive na

You said this mah...So I thought budget is an issue when you are younger. Set a larger budget when you are younger for nutritious food, while in your 70s... it's about eating anything that your health allows you to eat lol.

Above 7x can freely eat as long as in budget

 

[EJB]

I'm not saying, YOLO ah but...

Learn to enjoy a bit after making some cash, or splurge a bit, life is really short and will be over way before you know it.

My sister started working after O levels, trying to contribute to the family, was extremely frugal but when she had spare cash she would buy things for us. Slowly she went for degree, then went for additional diplomas, travelling, and occasionally spending on branded stuff that she likes.

Those who followed my posts 3 years ago in another 'cancer' thread, knows that when she was into her later years, we thought she had no money and we paid for treatments, food etc...

After her passing away, and executing her will, we found that she has more than enough, way more than imaginable.

If only she had used the money, go enjoy herself, pamper herself more, instead of leaving it for others... it would have benefitted her more. Not recklessly spending, but pampering herself, enjoying before leaving the world.

Don't have to YOLO but don't overdo it as well, life is really short, enjoy yourself, spend on yourself and save up where necessary.

Life is short... don't work so hard to leave it for others.

 

[Dividends]

You should spend on quality food while you are younger, not the other way round. As you get older, you no longer enjoy as much.

That's true, but it's hard to do that when you have so many more big ticket expenses like housing, reno, wedding etc when you're younger. You also earn less.

 

[TopGun]

That's true, but it's hard to do that when you have so many more big ticket expenses like housing, reno, wedding etc when you're younger. You also earn less.

Agree, It's about deciding what to spend based on limited resources.

Relatively speaking, quality food still cost less than big ticket items so just by scaling down the more 'luxurious' goods, it's more manageable.

 

[dry_county]

I'm not saying, YOLO ah but...

Learn to enjoy a bit after making some cash, or splurge a bit, life is really short and will be over way before you know it.

My sister started working after O levels, trying to contribute to the family, was extremely frugal but when she had spare cash she would buy things for us. Slowly she went for degree, then went for additional diplomas, travelling, and occasionally spending on branded stuff that she likes.

Those who followed my posts 3 years ago in another 'cancer' thread, knows that when she was into her later years, we thought she had no money and we paid for treatments, food etc...

After her passing away, and executing her will, we found that she has more than enough, way more than imaginable.

If only she had used the money, go enjoy herself, pamper herself more, instead of leaving it for others... it would have benefitted her more. Not recklessly spending, but pampering herself, enjoying before leaving the world.

Don't have to YOLO but don't overdo it as well, life is really short, enjoy yourself, spend on yourself and save up where necessary.

Life is short... don't work so hard to leave it for others.

You have a very nice sister. Hope she rest in peace.

 

[dry_county]

Agree, It's about deciding what to spend based on limited resources.

Relatively speaking, quality food still cost less than big ticket items so just by scaling down the more 'luxurious' goods, it's more manageable.

I agree….but growing up in a frugal family, I still buy cheap vegetables rather than organic vegetables…

 

[EJB]

You have a very nice sister. Hope she rest in peace.

Thank you, been 3 years already, I go cemetery visit her every CNY Eve because she passed away before CNY itself.

 

[TopGun]

I agree….but growing up in a frugal family, I still buy cheap vegetables rather than organic vegetables…

Cheap vegetables are ok. It's more like having more options as opposed to chicken rice add rice....

 

[kebinu]

sure will YOLO. still require financial planning to have enough for retirement.