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10 sats \ 4 replies \ @Undisciplined 21 May \ parent \ on: It's worse than you think - Vox Popoli econ
The way Boomers manage their finances drives my wife and I nuts. Of course, we're specifically thinking about our parents.
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One of their generational traits was a willingness to take big chances in pursuit of their dreams.
That can really allow for rapid gains in quality of life, but it's not the best approach to personal finance.
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The description seems to be universal, applies in my country, and even to my parents. But, what we should be asking ourselves is: what caused that? what promoted such behaviour? From my perspective, what seems to promote that are stagnant societies, where things seem to not to change, so fitting is appropriate, for breaking the mold leads nowhere.
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