Setting priorities for spending … what can’t you afford?

2013

Review this previous blog post Tax and Spend and then read the following excerpts from a 11-30-13 WSJ article.

For the first time, the company (Walmart) offered wristbands for popular products. It also said it sold 2.8 million towels, 2 million televisions, 1.4 million tablets, 300,000 bicycles and 1.9 million dolls. Hand-held videogames and SLR digital cameras were some of the most popular items on Walmart.com. …

Some of Target’s best sellers include big screen TVs, Nikon digital cameras, Beats by Dr. Dre headphones and hand-held videogame system the Nintendo 3DS XL. …

When he got to Wal-Mart, he ended up picking up an Hewlett-Packard laptop for $278, as well as a Lego set for his two-year-old twins. “I don’t really need another laptop and didn’t plan on buying one, but it was a good price,” he said.

How is your retirement saving going these days? 💲Gee if saved at five percent that $278 the person didn’t need to spend could be worth $1,533.45 when he was ready to retire in 30 years.🚣

One comment

  1. I read recently that 40% of people think of winning a lottery as the way they’ll fund retirement! I hope this figure is not correct but it could be.

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