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Save Early and Save Often

May 15th, 2016 at 06:36 pm

In six school days, I will end my career. Eight if you count next weekend. At one of the buildings, we had a potluck and a couple of young coaches asked the other lady and me how we could afford to retire. My response was "save early and save often." They laughed because that was always my response when working with our school improvement plan so we didn't lose data. Getting back to the laughter, it wasn't a chuckle because they thought it was funny. It was actually one of discomfort. I wasn't trying to make anyone uncomfortable, but so many of these young people claim they are jealous that I'm retiring because they want a carefree life, but they buy anything and everything their little hearts desire.

I won't say I have been the best saver and that I didn't buy things. I did. I bought things both which were good and some things which were just plain stupid. Hopefully I've gotten wiser. But so many of these "educated" folks don't understand money. There are about three or four of us in the group who actively save, do without things, and live as economically as we can. With the changes in the teachers' pension system for the newer hires, saving for retirement is far more important than it was when I started out.

I'm currently reading a book about not buying a lot of things in a year. It's different than the last one I read; the author says their rules are buying things they can use like food and things like that, but to be more conscious of spending money for things simply because you want something new. He said the goal is to own what you have instead of saving money. I'm curious how the book will end.

DH has been busy putting in his garden. We had a fear of frost last night, but it looks like we dodged that bullet. I hope we get lots of tomatoes this year since I like to can them and this year I won't have to rush around canning on weekends since I will be retired. Yahoo!

10 Responses to “Save Early and Save Often”

  1. Frugalista Says:

    Congrats!!!! You are lucky to be able to retire from teaching. I don't think I will; way too many crazy things going on in our field. You've earned it...enjoy it.

  2. Carol Says:

    I loved teaching;but, boy, I love being retired. Enjoy!

  3. househopeful Says:

    Congrats on the retirement! You have earned it and hopefully you have maybe inspired one person to get on the same path Smile

  4. creditcardfree Says:

    Great advice!!

  5. MonkeyMama Says:

    Good advice! Enjoy counting down the days!

  6. ceejay74 Says:

    Good advice indeed! I had a few people tell me that in my 20s, and unfortunately I didn't listen (or rather thought I never had enough money to set some aside) other than a pitiful amount in a 401(k). Hopefully I came to my senses soon enough, but I may not get to the retirement I want (though I think I'll at least get us enough to live on).

  7. Ima saver Says:


  8. CB in the City Says:

    Enjoy your retirement! It's the good life, indeed!

  9. FrugalTexan75 Says:

    Congrats on being so close!

  10. livingalmostlarge Says:

    Good luck! Congratulations.

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