ToughMoneyLove, which is a blog I regularly read, and which will appear on my blogroll when I get around to updating it later this week, is feeling less than loving about the way I handle money, especially when it comes to family members.
I wish I had some pithy response, but then I'd have to pretend I didn't agree with him.
He got a few things wrong:
I buy for my sister, NOT for her family (which consists of a husband and two cats). I tend to spend what is a lot of money for me, on her gifts, because she spends so much more on me. Witness the fact that I gave her presents totalling about $450, including that ridiculously expensive shipping charge, whereas she gave me a trip to Paris. And let us not forget from whence came the downpayment for my minivan.
Then he characterizes my current retirement savings as "pathetic" whereas Financial Engines tells me that my current $169,572 and annual contibutions of $17,000 give me an 80% chance of retiring with an income of $40,000 a year, more in take-home terms than I'm living on now.
But I have to agree that I'm no role model for how to live one's financial life. If any of my readers are looking to Grace for money answers, they are seriously deluded.
I don't write this blog, looking for cheerleaders. Still, it helps enormously to know that I am not alone in my struggle to get on a stronger financial footing. I do appreciate the support I get from my readers, and, yes, it helps to know that I'm not the only person to engage in financial idiocy from time to time.
Primarily, I write to help keep myself on the right path.
I fall off that path.
Such is life.
Which is why I write my blog.
And why I enjoy reading about the journeys of others on their paths.