Quote:
Originally Posted by LivingAlmostLarge
MM, a lot of people come and ask about cutting retirement? Then when they post a budget there is cable, car loan, cell phones, eating out, etc.
What the heck? Why are those in the budget but the retirement gets cut?
And lovcom, if you cut the retirement, have you cut everything else? No clothes shopping, no car loans, etc? Did you make all other sacrifices first?
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When I suggest temporarly cutting retirement contributions, yes, I would expect one to cut everything else first and to the bone until the consumer debt is paid off. To cut retirement only and keep everything else status quo would be wrong IMHO.