• shneancy@lemmy.world
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    16 hours ago

    i mean yeah of course, simple life is the best. but that guy sounds like he’s watching every coin go out of his pocket with fear, and so denies himself any and all luxury. even though when a great depression vol 2 hits all his savings will be rendered worthless, so it’d be better to use them now instead of watching them turn into kindling

    • HubertManne@piefed.social
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      16 hours ago

      Yeah I have thresholds. If I have enough coming in we ease the belt a bit but we are ususally looking for things we are trying to do and that helps. We had hoped to do some renovation by now and were saving for it and that is why we are surviving right now.

    • Afaithfulnihilist@lemmy.dbzer0.com
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      16 hours ago

      I’m not keeping it all in the bank, and I wouldn’t suggest you do either.

      Instead I would suggest to invest in things that will become more expensive later. I know that sounds obvious but tools, equipment, canned and pantry good are not exactly flashy investments like stocks and bonds but there are ways to prepare.

      …and if you rotate your back stock you’ll always have something to donate to somebody who needs it more than you. If you can maintain a reserve then there’s probably someone who needs it more than you do.

      • shneancy@lemmy.world
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        15 hours ago

        i appreciate the advice but i don’t want to live like tomorrow’s the apocalypse

        if some form of collapse does happen i’ll just raw dog it