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deleted310399
I am very much interested in saving for retirement , increasing my net worth and that kind of stuff.
I recently caught the Suze Orman show on TV and liked it and started watching it on the internet.
There is a segement on the show where callers ask her how they are doing .... they just lay their finances out and she then judges them and gives them a grade and answers their questions if any. Pretty simple stuff.
What I find interesting and perplexing is that some callers have WAY more money in retirement and investments and even their emergency funds than what their income would indicate. For example this Lady - http://www.cnbc.com/id/100033415.
I saw another couple - 25 and 26 who had like 150, 000 $ saved up with only 200 $ to spare each month ??
How are these people doing it ? Am I missing something here .. ? Are these people BSing everybody by just making up hypothetical financial situations ..?
I am just very surprised.
I recently caught the Suze Orman show on TV and liked it and started watching it on the internet.
There is a segement on the show where callers ask her how they are doing .... they just lay their finances out and she then judges them and gives them a grade and answers their questions if any. Pretty simple stuff.
What I find interesting and perplexing is that some callers have WAY more money in retirement and investments and even their emergency funds than what their income would indicate. For example this Lady - http://www.cnbc.com/id/100033415.
I saw another couple - 25 and 26 who had like 150, 000 $ saved up with only 200 $ to spare each month ??
How are these people doing it ? Am I missing something here .. ? Are these people BSing everybody by just making up hypothetical financial situations ..?
I am just very surprised.