Hard-won lessons about money and investing

Re:Hard-won lessons about money and investing by seanmcdirmid on Sunday November 30, 2014 @12:44AM (#8676100)

And don't have kids.

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Re:Hard-won lessons about money and investing by phamilton on Sunday November 30, 2014 @01:19AM (#8676167)

Having kids doesn't change the math. That's MMM's point in the post. It's all about savings rate. Kids mean it is harder to save 35%, but the math doesn't change.

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Re:Hard-won lessons about money and investing by j_lev on Sunday November 30, 2014 @01:32AM (#8676190)

I'd add that even if you aren't able to live on 35% for 10 years straight you shouldn't fall into the mindset that it's not worth aiming for at all.

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Re:Hard-won lessons about money and investing by jamesaguilar on Sunday November 30, 2014 @01:07AM (#8676144)

Or do, and cut from other areas/don't get on the hoighty-toighty daycare/lessons/private school treadmill. But kids are definitely an expense.

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