The article states, “…most young couples expect to attain their parents’ standard of living within about five years. Only it took their folks 25 years to get there! It’s a trap. Don’t fall for it.” It is so difficult not to fall into that trap when young couples all around are charging new items left, right, and center. Some of their dogs dress better than I do! But when a financial crisis hits, and it will at some point, the people who are racking up more and more debt will be struggling to make ends meet. And so, for the sake of paying off our student loans so that we never have to struggle to make ends meet again, I will continue to say “no” with reckless abandon.
What are some requests you’ve had to say no to in order to keep your financial goals on track?