B
"Guilt" sounds no less extreme and misplaced to me to be honest. Why should you be making sacrifices? Unless you have specific short, medium and long term goals that need to be financed via suitable savings/investment strategies then there is nothing to feel guilty or to despair about. However maybe your unease arises from the fact that you may not have clarified these and put suitable plans in place? Perhaps you need to sit down and review your overall situation and goals/plans? Doing this with a dispassionate/objective third party such a good multi-agency intermediary or authorised advisor (ideally on a fixed fee paying basis) who can do a comprehensive fact find/financial review might be a good idea?Ok I concede that despair is probably an exaggeration! I guess it’s more guilt that we should be making some sacrifice with our disposable income to start saving / investing- making our money work a bit.
Fair enough - I just think that any level of despair and guilt is an extreme reaction given your obviously generally healthy financial circumstances. Your second comment certainly suggests to me that apart from tracking expenditure and making cutbacks where feasible you should also be looking to identify/clarify/understand your short, medium and long term life goals and then looking for savings/investment options suitable for financing these. Sounds simple but not necessarily easy. Lots of us (myself included) don't always do this as systematically as we could/should and can find it less hassle to trundle along a little aimlessly instead!i don't think it's extreme... i didn't say i lie awake at night compeltely wracked with guilt or despair. the guilt is a vague feeling of guilt that we are whittling away all our disposable income each month.
Speaking of which, your situation doesn't sound a million miles removed from that of the (presumably fictional) Pádraig, this month's recipient of the (unquestionably real) Jill Kerby's 'straight-talking' [broken link removed]....dialling into my Rabobank.
We’re getting married soon but for the purposes of this discussion, the cost of the wedding is taken care of. We don’t have immediate plans to start a family. We’re in our late 20s.
Mortgage: 1400 after TRS, 300k on house worth approx 430 (but who knows these days!)
I agree however i think maybe you are feeling bothered that you can plough through money and not see anything at the end of the month - to show for your 7K+income - thats the point of this post, no?You are in your late 20s so if you can afford to be having a great time dont feel guilty about it...go for it.
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