Originally Posted By: LT4 Vette
There is no reason why a person in their 30's can set aside 10% of their gross pay towards retirement. Some say they can't afford to set aside any money yet they drive a brand new car, have an iPhone, fancy clothes, trinkets,.... etc.
My wife and I have both been contributing 30% for the last 20 years.
That's awesome. I've been in the 20-25% range for some time now. What you say is so true today. Though, I feel 10% is not enough. I actually bought into the 8% thing when I was in my 20's - man oh man - I wish I would have started at 20% back then!!
Here's another example of screwy saving/spending reasoning: On the radio (local PBR) yesterday they were going on about hunger in the USA. They had a Dr. in the conversation (MD) and he said "The problem (his words) in America is the income is too low, and by the time people pay their bills, there is no money left over for food." He was completely serious. OMFG and the conversation just went on about the poor hungry people and how we shouldn't cut the budget.....and how the people need more income to solve the problem.....Houston - we've found the problem!!
Originally Posted By: mechanicx
Originally Posted By: Pablo
msnbc?
I have a neighbor that works for them. Does anyone here know a person from msnbc?
Amazing organization. They are just, really and solely, a veiwpoint driven ad machine.
True but that goes for all the cable news networks with Fox being a big offender.
Boy that didn't take long. Fox has paid advertising like all the others. CNN, NBC, ABC, FOX etc at least make an attempt at "news"......but man you completely missed my point. Sure they all have bias and skewed viewpoints, but they are not one large advertising machine. MSNBC doesn't even (hardly) pretend to be news.