Where we bank, we’re required to have at least $5.00 in savings so sorry @Joe Smith, if I lend that to ya they’d close my account. It’s only 4 more days until payday but I can lend ya a couple of cans of beans and a box of crackers to hold you over if that’ll help. We got cat food instead of tuna by mistake but I already ate that……
I don't understand why "saving money" at our age would even be a topic of discussion. -You take in more than you spend, so by definition you are saving, even if it's passively -You spend more than you take in, so by definition you are withdrawing Maybe you could ask if people budget or "go without" specifically to put money in the bank, but that would mostly apply to folks chasing a goal: retirement (for those here who are not already), or a major purchase (for those who believe in avoiding debt or stretching themselves.)
That's interesting. I can understand why. My mother had accumulated some money and was still frugal with it. I've lightened up a bit myself, but it's on stuff that would make some people laugh (like buying high-quality ingredients to make meals rather than the on-sale generic stuff.) I guess for most of us, it's that personality component that put us in a position to retire. And most of us were raised by people who experienced the Depression to some degree. My mother suffered through WW2 shortages outside of London. I have two baggies of rubber bands in my kitchen junk drawer: the thick ones that bind asparagus and broccoli, and the thin ones that bind scallions and radish bunches. When I take the rubber bands off of the product, I lay them across a couple of the prongs in the top rack of my dishwasher, and then put them in the bag when they're clean. I have more than I'll ever use, but I cannot bring myself to throw away anything that is in perfectly good shape. If I hadn't bought a new car a couple of years ago, I'd still be putting money into savings.