UnThreaded | Threaded | Whole Thread (80) | Ignore Thread Prev | Next
Author: DrBooa Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: Changing cars (or not)? Date: 3/4/2008 3:25 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 7
You are never going to be able to save as much money as you might be able, if you are incapable of doing without an au pair, even on a conceptual level. Your idea of what is a "necessary" expense is not consonant with what you claim you wish to accomplish.

------------------------------------------------------

This will be my only reply to you and is made not so much to you but to anyone new to this board who might be misled by your post.

My most important goal in life is not to wind up with a lot of money when I retire. I do want financial security. If I never saved another penny we would not starve during retirement. We already would have more money than either my parents or my husband's parents have had during retirement and were comfortable with.

As a parent of a child with a serious special need, I feel it is important to do the things that are vitally important to his well being. The au pair (as explained in other posts so I won't go into it in detail) is necessary at this point to his being in a therapeutic school that he needs. I am comfortable with the hit that takes to saving money.


I respectfully submit that investing money now to see to it that your child develops to the fullest of his ability and, even more important, to the point where he is no longer dependent on you, is an excellent investment for money that will pay off handsomely in the long run.

The au pair is cheap at twice the price.


--Booa (mother of a special needs child, and often tries to project how much money I'd have to leave in my will, and how, to take care of him after I'm gone, though he's doing very well--I'm just paranoid. But it's a large number. It will be much easier if he is able to earn money to support himself someday.)
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (80) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement