Epictetus comments on Twenty basic rules for intelligent money management - Less Wrong
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Comments (51)
Of course. The future will be different from the present. Strategies that work today may not be viable tomorrow (just look at CD rates from the early 80s and contrast with today). However, if you assign a reasonable probability to the United States maintaining political and economic stability, and for money still being important, then some level of saving for the future seems to be a safe bet.
It depends on the person. If you're the sort to be active with your money and seize opportunities, that's one thing. If you're the sort to spend money on frivolities, then tossing a certain portion into a retirement fund isn't a bad idea.
LOL.
“I spent half my money on gambling, alcohol and wild women. The other half I wasted.” ― W.C. Fields