Hubby and I aren't good with money. We can pay our bills, we just like to spend -- and we do. We have student loans and credit cards -- and if we live long enough we may even pay off the student loans. We also rent an apartment and have the basic stuff set up for retirement -- but, we haven't been putting in anything extra.
And until this week, that sounded pretty stupid.
But -- we aren't depending on the stock market to retire, probably because we'll never retire. We don't have a house that has lost value or for which the mortgage payment has risen so much that we can't pay it. We haven't put lots of money into our own 401K that is losing value.
We can spend a lot less, so we have room in our budget for prices to go up and we won't be hungry. Plus, we have a CostCo membership so we can buy a lifetime supply of toilet paper and goldfish crackers...