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Food versus Retirement

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  • #46
    Originally posted by maat55 View Post
    The real question should be: Are many unwittingly retiring broke/small egg while spending excessively on food and beverage throught out their lives?
    The answer is probably yes. I don't happen to think I'll be one of those people. As I've posted many times, we do not live with a budget (sorry Dave Ramsey). The only thing we do budget is our savings. I know exactly how much goes to savings each and every month. However, I really don't know what we spend on groceries and dining out. I also don't know how much we spend on gas, clothing or most anything else. As far as I'm concerned, it really doesn't matter as long as all of the bills get paid and all of the savings goals are met. Could we reduce our spending and increase our savings? Sure. I just don't feel it is necessary for us to do that based on my calculations and projections.
    Steve

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    • #47
      you could say that transportation versus retirement. instead of a larger car i should drive the smallest most fuel efficient. only used cars ages 3-10 years old. no frills, etc. i bet more than food a lot of people have driven themselves broke with car payments or leases.
      LivingAlmostLarge Blog

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