Apr 25, 2024
11:40:24am
11:40:24am
No issue with that as long as someone has a plan and isn't shortchanging other
parts of their financial life because of it. I am not a big fan of Dave Ramsey, but heard a great quote a few months ago:
"Anyone trying to get out of debt [or saving for a house down payment] shouldn't see the inside of a restaurant unless they are working there."
I have seen too many people paying 20 something percent on credit card interest rate and the main driver is dining out. Crazy. I have also heard many people complain that they aren't saving enough for retirement or can't afford to save for a house down payment, but going out to eat regularly. Crazy.
If you have a solid financial plan and like spending your discretionary income on dining out, then it is just a "different strokes for different folks". People like spending their money on different things.
"Anyone trying to get out of debt [or saving for a house down payment] shouldn't see the inside of a restaurant unless they are working there."
I have seen too many people paying 20 something percent on credit card interest rate and the main driver is dining out. Crazy. I have also heard many people complain that they aren't saving enough for retirement or can't afford to save for a house down payment, but going out to eat regularly. Crazy.
If you have a solid financial plan and like spending your discretionary income on dining out, then it is just a "different strokes for different folks". People like spending their money on different things.
Originally posted on Apr 25, 2024 at 11:40:24am
Message modified by Acorn on Apr 25, 2024 at 11:40:56am
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Apr 25, 9:38am
Apr 25, 9:41am
Actually there are arguments that grocery shopping and making lunches is more expensive. That's because you get no
Apr 25, 11:45am
Apr 25, 11:58am
Apr 25, 12:49pm
Apr 25, 10:15am