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Author: ckollmann One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76082  
Subject: Re: Is this a sin, or being practical? Date: 3/1/2014 8:14 AM
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It is wrong to think about cutting back for other life priorities? Am I sinning against Fool-kind? Or is that just the way life goes?

I empathize with you, as I've asked myself the same questions as we evolved from renting in the student ghetto to buying a condo to having a kid to now buying a house for way more than I ever thought I would with a new second kid. It's a lot of changes, and I still freak out sometimes that the daycare bill alone is more than I lived on as a grad student!

It was a weird emotional barrier to overcome to not max out the 401k contribution, because I had internalized the message of all the people and media telling everyone to save more. But I looked at my numbers (obsessive record keeping and spreadsheets helped) and realized that not only was I well on track to retire early and also it was more important to me to spend a little more for happiness in our current lives.

Only you can set your priorities, don't worry about what "Fool-kind" says. They can have their own blind spots. I'll never forget asking for advice on prioritizing between low interest debt vs savings and getting lectured about "living above my means" due to having used a 0% loan to buy a couple thousand dollars worth of furniture. Didn't matter that my net worth was increasing monthly by about the total amount of the loan, some people can't see beyond "Debt is bad, mmkay?" Keep your eyes on what is really important.
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