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TDMMC Forums => Off-Topic Board => Topic started by: dolphins4life on June 26, 2019, 12:32:21 am



Title: Inflation
Post by: dolphins4life on June 26, 2019, 12:32:21 am
I nearly fell out of my chair when I saw that Miami has $120 million in cap space.

Did you know that the NFL salary was less than $75 million not more than twenty years ago?

It's mind-boggling to think of how much inflation has increased.

Here's something I did that is actually stupid.  When I bought my car in 2013, I spent eight grand.  I decided to immediately start saving for my next one.  I thought I was making good progress.  Recently I released I forgot to account for inflation, so I am actually two years behind where I thought I was.

Of course, that's not as stupid as not doing research.  Two years ago, when in the break room at work at the Supermarket (my part-time job) I noticed something on the monitors about an employee 401k.  I didn't know they offered them for part time employees.  I immediately set one up, but lost out on four years of savings.

Have any of you ever done something financially that can only be described as stupid?


Title: Re: Inflation
Post by: Phishfan on June 26, 2019, 02:05:23 pm
I do it all the time. Some common examples are paying late fees I could avoid,  not setting a budget and not tracking my checking account as closely as I should instead of just a mental list.