Comments on: Does Saver’s Remorse exist?

By: jrandom42

jrandom42 — Sat, 21 Nov 2009 08:03:07 +0000

Saver’s remorse doesn’t exist because of a simple truism:

The best way to double your money is to fold it in half and put it back in your pocket.

By: This Week’s PF Blogger Roundup » JoeTaxpayer

This Week’s PF Blogger Roundup » JoeTaxpayer — Sun, 15 Nov 2009 12:04:42 +0000

[...] Roundup PF blogs Add comments This week let’s start with Bob at Christian PF asking Does Saver’s Remorse exist? It’s a great question, but a tough one to wrap my brain around. If I knew for certain (a) my [...]

By: Friday Finance Round Up – Financial Foul Edition | Redeeming Riches

Friday Finance Round Up – Financial Foul Edition | Redeeming Riches — Fri, 13 Nov 2009 13:09:14 +0000

[...] Does Saver’s Remorse Exist? – Bob at Christian PF looks into ING’s tagline – “There’s No Such Thing as Saver’s Remorse” and shares his two cents. Tweet This!Share this on FacebookShare this on del.icio.usDigg this!Share this on TipdBuzz up!Share this on RedditStumble upon something good? Share it on StumbleUponShare this on MixxAdd this to Google BookmarksShare this on PFBuzzShare this on FwispShare this on TechnoratiPost this to MySpaceSubscribe to the comments for this post?Share this on FriendFeedMark this on BlogMarksPost this to Posterousrelated post [...]

By: Gholmes

Gholmes — Tue, 10 Nov 2009 18:37:09 +0000

This summer was in savers mode upping my emergency fund and ran into an old friend that moved into town. In the course of catching up he said lets do lunch sometime and gave me his work info. I have been brown bagging it all summer so let it slide always meaning to get back to him. Last week a drunk driver hit him head on and he is critical (but stable condition). He will have several more surgeries and recouping but I am definitely planning on taking him out for lunch and catching up on old times. I will even splurge and have a coke and desert to boot.

By: Andrew @ Earn Give Save

Andrew @ Earn Give Save — Tue, 10 Nov 2009 02:05:00 +0000

I agree with Jason—we definitely have to think eternally when it comes to money. We can’t take it with us, so what will our financial legacy be? I hope mine will be part giving-like-crazy, and part blessing-my-kids (who I haven’t met yet!).

By: Craig

Craig — Mon, 09 Nov 2009 20:02:16 +0000

I think it exists. I know I have put some money away and have thought that maybe if I took one month off this month with savings I could save up for that item I want to buy or trip I want to take now. It’s hard but will pay off in the long run.

By: kenyantykoon

kenyantykoon — Mon, 09 Nov 2009 07:55:14 +0000

saver’s remorse does not exist. this is just an excuse that spendthrifts use to justify their bad money management habits ie i gotta live for now since i dont know what will happen in the future

By: jennifer @ Negotiation Board

jennifer @ Negotiation Board — Mon, 09 Nov 2009 03:39:22 +0000

I have never been able to successfully save for the long term. That is why I am here now—to learn. It would be a nice change to have saver’s remorse rather than buyer’s remorse.

By: dullgeek

dullgeek — Sun, 08 Nov 2009 17:00:04 +0000

Yes there is. In Zimbabwe, for example, they’re experiencing hyper-inflation. For them saving a today instead of spending it means that tomorrow it’ll purchase less. Inflation (in general) kills savings by diluting later purchasing power.

By: Financial Samurai

Financial Samurai — Sun, 08 Nov 2009 16:30:45 +0000

I started experiencing savers remorse at 25 years old. I worked my butt off for 3 years and took some investment risks that paid off. I was absolutely SICK of looking at my bank account savings and questioned outloud “WHAT IS IT ALL FOR!” Work, and money that is.

So, at age 26, I decided to do a little bank account obliteration and put down 30% on a $600,000 piece of property a while ago, just so I could feel the pressure to work again. Nothing like seeing your bank account shrink by $180,000, and having a $420,000 mortgage to light a fire!

I promised myself then I would never have savings remorse again!