Row 84595

Row ID: 84595 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 84595 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

My mother has so much money saved that her financial advisor told her she's going to die with millions of dollars invested unless she increases her spending by at least 5x. But she agonizes over spending money. She only does vacation 1x per year, limits eating out to 1x per week, only drives older used cars, lives in a small house. Her hobbies are garden plants, bridge, and knitting. Her biggest "fun" expense is probably buying yarn. This has caused her a lot of stress throughout her life and I don't think she's happy for it. She always wants more money and it will never change no matter how much she has.

I have inherited this mindset, but choose to reframe it. In life and on vacation I like to do inexpensive things like walk on the beach, jogging in parks, meeting my friends for simple things like coffee, and cooking dinner together as bonding time to chat and relax. I pay a lot of money for things that really matter to me, like renting an apartment in an expensive location to minimize my commute. I'm close enough to work that some days I even jog into the office. This is the #1 quality of life change that I believe is worth a lot of money.

I feel "wealthy" even though I spend far less money than most people my age in my career. the extra cash I save every month allows me to not worry about taking time off work when I need a break, or the few times per year when I spend money on really special events like concert tickets for my favorite music.

FieldValue
text My mother has so much money saved that her financial advisor told her she's going to die with millions of dollars invested unless she increases her spending by at least 5x. But she agonizes over spending money. She only does vacation 1x per year, limits eating out to 1x per week, only drives older used cars, lives in a small house. Her hobbies are garden plants, bridge, and knitting. Her biggest "fun" expense is probably buying yarn. This has caused her a lot of stress throughout her life and I …
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-24
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Raw Record

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  "text": "My mother has so much money saved that her financial advisor told her she's going to die with millions of dollars invested unless she increases her spending by at least 5x. But she agonizes over spending money. She only does vacation 1x per year, limits eating out to 1x per week, only drives older used cars, lives in a small house. Her hobbies are garden plants, bridge, and knitting. Her biggest \"fun\" expense is probably buying yarn. This has caused her a lot of stress throughout her life and I don't think she's happy for it. She always wants more money and it will never change no matter how much she has.\n\nI have inherited this mindset, but choose to reframe it. In life and on vacation I like to do inexpensive things like walk on the beach, jogging in parks, meeting my friends for simple things like coffee, and cooking dinner together as bonding time to chat and relax. I pay a lot of money for things that really matter to me, like renting an apartment in an expensive location to minimize my commute. I'm close enough to work that some days I even jog into the office. This is the #1 quality of life change that I believe is worth a lot of money.\n\nI feel \"wealthy\" even though I spend far less money than most people my age in my career. the extra cash I save every month allows me to not worry about taking time off work when I need a break, or the few times per year when I spend money on really special events like concert tickets for my favorite music.",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-24",
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Entry Information