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Hi,
I need some consulting.
I am a fullstack developer having 8+ years of experience,I was enjoying my work but now I think I hate coding.Currently I have changed my job.now I Am just fixing the bugs.nothing new.I started hating coding and also I can't take up stress.Now I have decided to change my domain.But not sure which domain to pick and don't want to go from start.Can anyone suggest something which domain to pick up.as I was thinking to go into techno-functional consultant or BA.can someone suggest
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Guys , whoever is interviewing and planning to join , do ask project availablity on priority basis before you take decision. On Java front looks like there is some project issue due to recent slowdown in market. My offer was not revised even after agreement with recruiter because of this.
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Rising Star
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Memories with the kids is a different kind of richness. My sister and her kids go camping. So they found a way to still have the memories and also save.
Yeah, your kids will primarily appreciate the sense of adventure and quality time, so no need to do anything luxurious
Let’s just say my dad lived a frugal life and wanted to wait til he had x amount of money to take us on vacations. He never got to because he passed away from a late stage pancreatic cancer when i was a teenager. Take the vacations. I’d rather have memories like that then the money he left me.
Enthusiast
I think it’s possible to do both (frugal living and great vacations). My husband and I have kept our housing costs low (~10% of household income) and are willing to splurge more on vacations. But even then there’s ways to save, like alternating between cheap meals and Michelin restaurants. None of our futures are guaranteed so I’d rather travel for fun now (well, post covid) while I have my health even if it means not retiring as early as I’d like.
Rising Star
I prefer experiences to things. Something that’s difficult with a 5 year old. But we don’t buy a lot of material stuff. What we do splurge on are family trips (I’m not willing to rough it on vacation), good food, education, toys that fire the imagination, and time together. We try to economize on housing costs, car expenses, clothes, and try to repair or buy secondhand vs buying new when we can.
Rising Star
What will you think on your death bed? Money or memories?
Rising Star
I look at my parents who are both retired and are in such poor health that they are basically housebound and I know that I want to make sure I enjoy my life along the way. There is a balance to it all. We save where we can and live within our means, but we enjoy vacations and dinners out as well.
Road trip to national parks > camping, hiking, take up photography as a family, kayak, etc
Memories > money.
Life can take unexpected turns. I lost my husband suddenly in an accident. Looking back, I am glad that we travelled as much as possible. I would say do it and don’t think twice. Like people have posted, find the balance between saving and spending. We used to hike, bike, take minimalist weekend trips and lived in a suburb to save on rent. We splurged on long trips without feeling guilty. Hope you find your balance.
Kids want your time and have experience they can remember and learn from, not shiny objects.
Travel often!
And travel cheap if you have to!
It’s just as much fun and you sometimes get even more out of it.
I’ll never forget the moment when I realized how many people waste their youth saving up for retirement — saving up for traveling that they’ll never really get to enjoy to the fullest because they’re too old to do it all.
I was 20.
I had only $2k saved in the bank and no parental safety net. I went against better judgment and took a trip to Florence.
One day I saw a tour group of senior citizens walk into the cathedral. And they just looked absolutely drained. It didn’t look enjoyable.
And I wondered to myself how many of them had been working their entire lives to get to this point?
Sure, they had nicer accommodations than me. I only had a backpack and a cot. But I was walking the city. Climbing hundreds of steps. Hiking the countryside. Staying out late and waking up early. Haha eating tons of pasta sauce without worrying about heartburn, etc. and I was creating memories that I’d bring with me for the rest of my life.
And yes ... at least they got to go. Imagine all those who wait and then never take the chance.
Go out into the world while you can!
Nothing is promised!
DONT WAIT!!!!
I would do both. Only do things you really want to do. If a great vacation is something you really want to do, it is not counter to living a frugal lifestyle
Rising Star
How sad are we as a society that we have to associate spending with happiness? You look at the happiness indexes and some of the most underdeveloped countries score the highest. They live with so "little" compared to us, but they are so much happier in a simple life! And your kids are kids, they would be just as happy in a road trip vs a luxury holiday in Europe.
Maybe instead of a frugal life, you should consider a minimalist life. It’s splitting hairs a bit but the way I see it, being frugal means you prioritize saving above all else. On the other, you prioritize happiness, but the emphasis is knowing what makes you happy and spending your money there (and subsequently cutting spending everywhere else). Also, dash of financial planning can help put your mind at ease :)
You have ONE life to live. Do you want to see the world and experience new things in your 30s and 40s or 70s?
I'm not saying to spend free-for-all, but you can't be afraid of enjoying the only life you're going to have because of "what if".
"Life moves by pretty fast. If you don't stop to look around once in awhile, you might miss it."
Best thing my wife and I did was started following dave ramsey...we bought a new house and sold our other one for 90k profit. Used it to pay off our cars, fill up our emergency fund, and make the renovations we needed to do from buying a house within our means. We're 29/30 and hoping to have the house paid off by at least when we're 40.
What’s the point? You are working to retire and then what?
There’s a balance. Definitely spend time with your kids in a way they’ll find memorable.
My balance between frugality and retiring early is where I spend whatever else I have after maxing 401k, hsa, and saving 50% of income after taxes. I recently bought my dream car and plan to go on many more vacations once the pandemic lifts.
I grew up in a very frugal home and pursued this frugality vigorously through the first 10 years of my marriage. Once the budget loosened up a bit, I’ve come to appreciate that spending time as a family on vacation is very important and have begun to prioritize this (as well as adequate retirement and healthy emergency fund) before I prioritize early retirement. My kids will be out of the house in 6 years and I want to build memories and connections. The expense of the vacation is negotiable but, as long as there are some funds available, vacations together are not.
Move to Vermont, rent out out your current home, make baby food from scratch, and write a book. No more money problems ;)
I love that movie!