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May 22, 2024
12:36:04pm
RalphWiggam Barkeep, another Mekong please
I suppose that’s something you could take from it. In a very superficial sense.
What I took from it was -

1. Money you want to leave your kid will likely be much more impactful and meaningful to them the earlier they get it (within reason).

2. Memories and experience are currency. Acquire them.

3. We’ve been taught to over save. And nothing is wrong with having money in the bank when you die…but at what cost? What bucket list items did you not cross off because you were worried about whether you needed to have a nest egg to pay for 10 years or so of life you may really not even enjoy all that much.

4 none of us are guaranteed tomorrow. Don’t put off great experiences with your family because of a need to over save.

5. Charitable contributions can be made early so you can see the impact.

The title is obviously intentionally “shocking” to get the reaction you and others have come to. It upends a lot of what we’ve been taught. But does so thoughtfully and pragmatically. It doesn’t advocate mindless spending the way many on here think it might.

But yeah. It isn’t for everyone.
RalphWiggam
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RalphWiggam
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