tag:blogger.com,1999:blog-5465015914589377788.post5266472238326737440..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Short Takes: Closet Indexing, Rent vs. Buy Calculators, and moreMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5465015914589377788.post-68988144981059109112014-08-31T10:57:29.994-04:002014-08-31T10:57:29.994-04:00@Gerard: I *hope* to still be able to mow lawns an...@Gerard: I *hope* to still be able to mow lawns and climb ladders when I'm 70, but I'd prefer to have some extra money in case I'm unlucky and can't. Another important consideration is that my current pay is 5-10 times what I could reasonably hope to make re-entering the work force in my 70s. So, one extra year of work now covers me either way.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-79463225934787217452014-08-31T10:14:54.042-04:002014-08-31T10:14:54.042-04:00Not sure I agree with your Tim Stobbs comment. If ...Not sure I agree with your Tim Stobbs comment. If you invest in your health as well as your wealth, there's no reason to assume you can't clean eavestroughs in your 60s or 70s. I'd rather avoid the extra years of work for a safety margin I probably won't need. But then, I would have no trouble downsizing to somewhere without eavestroughs if it became necessary! YMMV. gerardhttps://www.blogger.com/profile/04224500084175277864noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-81786099291095824692014-08-30T09:01:55.473-04:002014-08-30T09:01:55.473-04:00@Anonymous: There may be some truth to what you&#...@Anonymous: There may be some truth to what you're saying, but it's hard to tell without a lot more information. I met Sean once and he seemed happy enough, but it's hard to tell much in a short time. It may be that his only hobby is frugality, but these efforts would hardly take up all his time. All the typical person has to do is stop watching television to free up 4 hours per day for meaningful hobbies and social interaction.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-9350904445845400792014-08-30T08:50:00.683-04:002014-08-30T08:50:00.683-04:00Looks like he is, but I'm not particularly env...Looks like he is, but I'm not particularly envious of him, nor does he put me to shame in any way. I suspect that if I were in his shoes, I would feel that I had zero quality of life. He seems to have three jobs and lives in a basement apartment, and still doesn't break 100k in yearly income. The lack of light lalone living in a basement would lead me to depression, let alone the lack of spare time for hobbies, social life or family.<br /><br />I just hope he lives long enough to enjoy life a bit, and isn't hit by a bus tomorrow. All of his sacrifice would be for nought.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-7706724056039654842014-08-29T15:12:51.065-04:002014-08-29T15:12:51.065-04:00Thanks for the mention Michael. No doubt Sean is ...Thanks for the mention Michael. No doubt Sean is on a mission...<br /><br />All the best,<br />MarkMy Own Advisorhttp://www.myownadvisor.canoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-6504497945514446732014-08-29T08:53:43.058-04:002014-08-29T08:53:43.058-04:00@Big Cajun Man: I'll pass on the union. I pre...@Big Cajun Man: I'll pass on the union. I prefer it when coworkers who can't or won't work get fired :-)Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-82810334642238689452014-08-29T06:59:44.615-04:002014-08-29T06:59:44.615-04:00Public school system is taking a hint from the Uni...Public school system is taking a hint from the University system, where they kill you with 1000 extra charges and fees, good times. Have a great Labour Day weekend, join a UNION!Big Cajun Manhttp://www.canajunfinances.comnoreply@blogger.com