Quote:
Originally Posted by jimstolz76
This thread hits home for me. My wife took over paying the bills a few months ago and is much better at it than I ever was. Now we're making a little more money and are finally 'safe', except no savings. I'm all into aggressively saving and later investing, but she has no interest in any of it. To her, we make more money so now she thinks we can just get all the little things we "need." Then we'll just put away the 'extra' money that's left over..........................
So I guess we're in the stereotype as well.
edit: 'safe' = bare minimum paychecks are more than expenses. Just wanted to clarify that I whole-heartedly realize that we are NOT safe without savings...
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The best thing you could do is convince your wife that you should live on no more than 90% of your income and invest the rest, after building an 3 to 6 month EF. Don't wait to late in life to reap the rewards of compound interest.