Re: Savings Rate Goes Negative
The gimmie, gimmie, gimmies. We teach our children to scream until we give in, than they grow up and repeat our mistakes. Even better? We can't say no to temptation, and want more than what we really need. Could I use a bigger apartment? sure. But I'd rather scrimp for a few years and live comfortably, than be starving with a bigger space to heat and furnish.
Society is so focused on keeping up with each other that when you don't, you are the ODDBALL! But I'd much rather be the oddball than behind the 8-ball.
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