Need advice about money, what is normal I have no one to ask the one person I did couldn’t help
Answered 3 years ago
Hi Mums, I am concerned about my friend we recently had a conversation the fact she is unhappy concerns me I have said I am here if she ever needs to talk or just someone to listen to. She asked me what what I think on the following situation she has said they have very minimal savings which worries her yet her husband excepts to go on extravagant holidays if covid19 travel permitted. I have noticed my friend often has protein shake or smoothies rather then proper meals whilst at home and out as a way to save money, if I shout or have her over for a meal she eats and doesn’t stop which makes me happy knowing she isn’t hungry.
I don’t know wether it is a cultural thing or if it is a him thing, he is Greek and came to Australia when he was 2 returned when he was 7 cause his parents divorced. When he was 9 his father went to Greece and brought him back to Australia.
Currently this is what things look like for them, she came from a family who grew up in the country so this wasn’t the norm and these things were special cause it was a good 1 -2 hour drive each way for those things, so she feels this is to much which she has told her husband.
- Eating out every meal Friday - Sunday Spending $350 or more on just this
- Paying the entire bill and not splitting if go out family or friends
- Paid family activity every day over weekend even after sport or other activities
- 2-4 sports going at once
I had suggested to her they read either the bare foot invester or Dave Ramsey when she suggested it he turned his nose up at.
She had read the book and asked if 3 months of savings is enough or if you felt the need to have more.
Do you use 3 months of savings rule for house maintenance repairs or do you use another method for issues like broken pipes or broken air conditioner. How much is adequate to budget for these things per year
How many local/interstate holiday per year
Have an answer?
Answers
3 months is good to have saved. She needs her own savings too.
Replies
Why are people so quick to jump to conclusions
Stay out of it