Originally Posted by lewdog
Yup and it is even harder to live this way being someone in their mid 20's with friends who don't understand the value of a dollar. My girlfriend and I are very tight with money even though I make a decent living. Our friends, however, sometimes have influence on how my girlfriend thinks because my generation just doesn't get it. We are in are mid 20's, neither has a car payment or credit card debt. I have an interest free student loan to my parents and I definitely can afford to pay that while still putting money into a 401k/Roth IRA and putting good amounts of money into savings. I have friends who make the same as us but live paycheck to paycheck while we have saved enough to have a 15k emergency fund. Sometimes their purchases of boats, cars, trips and expensive dinners have her thinking we should be doing the same. I can usually talk about why we live like we do and she does get it, but it doesn't make it easy.
I feel much more secure having a good understanding about the need to plan for the future, even in your 20's, than those feeling like they can afford tons of material things.
I would never argue with my friend about how they spend their money but it is amazing how little understanding my generation has of money which will further increase the entitlement issue in this country.
Just don't try to force your thoughts on the better half... Explain and reason with her and don't forget to live life and splurge sometimes... Happy Wife = Happy Life.
Friends will take offense if you try to tell them something they know in their heart is right but they don't practice, best to leave finances out of friendships, it's a no win.
Once Mama sees that account grow, she will be on board 100%, it's good you are so young and thinking the way you do