Quote:
Originally Posted by BrianL99
Am I the only person who's mystified and amazed, that folks really live on a "budget" that gets so deep into the weeds, they're concerned about allocating/budgeting $6/month for "house washing" or $5/month for "flat work washing" ?
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People who live and die by budgets and spending have money control issues. many have a paycheck to paycheck mentality of control. Its a planning illusion, but many have it, but its comforting to them to stay in financial control.
I have seen worse money behaviors in my family. I have seen a husband put his wife on an allowance so he controls all the money. I have seen a husband make his wife get a part time cashier job for her spending money, while he buys $80K trucks he doesn't need. I have seen people complain about paying taxes for being successful, so that they don't want to look wealthy, ie, can join in the complaining and look for handouts. I have seen people get angry about getting free stuff they don't need. I have seen people throw out itemized VISA bills and kept the monthly VISA payment check as proof of spending for tax deductions, such as medical expenses. .
If people are worried about running out of money, either they are neurotic about money or are living above their means. .
with finance(not accounting) maintenance is a funny expense. . Ask the consultants who routinely advise to cut maintenance since nothing bad has happened with a good maintenance plan.
either you save for it knowingly, or you pay as you go and take a bit more out of the IRA/savings than normal. . but its also a good way to see when you run out of money in the very, very long run. . of course they may not live that long, but no one knows when the end may come.