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Master List of Reasons People Don't Save Enough for Retirement


cv91915
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On 10/7/2020 at 11:06 AM, CTSoxFan said:

Agree - however an exception is if the lender allows you to make multiple security deposits (MSDs). 

CCRs/down payments and MSDs are totally separate concepts, which I know you know, so this logic is a bit puzzling.  

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Reminds me of a sign I saw in the Bronx years ago.

 

"Retired SEAL. Park here and find out if I have PTSD"

 

I wanted to get a rental car, with full insurance coverage. Park it in his spot, just see how fooked up the car would get.

 

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2 hours ago, cv91915 said:

"Peace of mind"

 

Extended warranties, VIN etching, 2-Year Accidental Geek Squad Replacement, etc.

 

C4WRxBX.png 

I'm guilty of purchasing an extended warranty on my new washer. It probably wasn't necessary especially since the kids moved out and aren't around to abuse the machine.

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1 hour ago, StarkRaven$ said:

I'm guilty of purchasing an extended warranty on my new washer. It probably wasn't necessary especially since the kids moved out and aren't around to abuse the machine.

On a laundry appliance I'd pay with one of my Amices that doubles the manufacturer's warranty, and settle for 1 MR/$ instead of 5.25% cash back, but that's about as far as I'd go.

 

Many would suggest that the best way to save money on washing machine repairs over the long-term is to buy a very simple machine with just a couple of knobs.  Saves you on the front end also.

 

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1 hour ago, cv91915 said:

On a laundry appliance I'd pay with one of my Amices that doubles the manufacturer's warranty, and settle for 1 MR/$ instead of 5.25% cash back, but that's about as far as I'd go.

 

Many would suggest that the best way to save money on washing machine repairs over the long-term is to buy a very simple machine with just a couple of knobs.  Saves you on the front end also.

 

 

1 hour ago, cv91915 said:

 

Many would suggest that the best way to save money on washing machine repairs over the long-term is to buy a very simple machine with just a couple of knobs.  Saves you on the front end also.

 

/\ /\ THIS!!  Agree with you whole heartily on this. Last year when I bought my new washer I deliberately bought a small non-fancy one in white with few nobs. Washer load capacity is large though. 

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2 hours ago, hegemony said:

devoting oneself to a single airline FF program

 

 

and this is as much a mea culpa as banter aimed at @cv91915 as, to quote @hegemony

 

Quote

And I should give context that for >20 years I was a "loyal" UA flyer mostly on the hubristic goal of attaining MM status. I am now just over 900K "lifetime" miles with UA (which unlike AA was not handing out lifetime miles based on card spending or pudding) but given the devaluation of status (at any level but especially a middling level like "gold") I may now never reach MM status as I am now loyal to my flight experience and not an alliance/airline.

 

I wonder how many hours I wasted with connections back when I thought "loyalty" and status meant something.

Edited by hegemony
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3 hours ago, hegemony said:

 

 

and this is as much a mea culpa as banter aimed at @cv91915 as, to quote @hegemony

 

 

I wonder how many hours I wasted with connections back when I thought "loyalty" and status meant something.

I'm going to disqualify this from the list because we already have enough saved for retirement, and I'm guessing you do too.  😛 

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  • 2 weeks later...
3 hours ago, hegemony said:

I was discussing with a coworker the other day on how disappointed I am that some low rent looters torched one of my favorite hole in the wall restaurants, but left the essential oils / crystals / incense store untouched. 

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  • 2 weeks later...

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