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Are you a splurger or a saver? Watch

  • View Poll Results: Are you a splurger or a saver?
    Slurger
    29
    30.85%
    Saver
    65
    69.15%

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    (Original post by claireestelle)
    Oh I m only 21 myself but I ve had a load of funerals to go to (a couple of them didn't make their 40s either) so when I can afford to I ll put money in life insurance and get my will sorted so I don't have to worry about it again. I must sound pretty morbid
    I mean, what would be the point of life insurance at your stage?

    Unless you have dependants there isn't really any point in having life insurance as there is no one requiring the money once you die. Otherwise it's just a morbid form of gambling!
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    (Original post by Elivercury)
    I mean, what would be the point of life insurance at your stage?

    Unless you have dependants there isn't really any point in having life insurance as there is no one requiring the money once you die. Otherwise it's just a morbid form of gambling!
    My dad died at 36 years old (with no will or life insurance,luckily he had a private pension so that helped with funeral costs but legally it was hell to sort out ) so although that probably won't happen to me, I don't want to get to 30 and there be nothing to leave my partner to pay the bills if anything happened to me suddenly and I was hoping to have kids in 3-4 years anyway.
    Besides no one in my family has the cash to cover my funeral at the moment and can't see that changing any time soon.
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    (Original post by claireestelle)
    My dad died at 36 years old (with no will or life insurance,luckily he had a private pension so that helped with funeral costs but legally it was hell to sort out ) so although that probably won't happen to me, I don't want to get to 30 and there be nothing to leave my partner to pay the bills if anything happened to me suddenly and I was hoping to have kids in 3-4 years anyway.
    If your partner can't afford to support themselves that makes sense, but personally I wouldn't consider life insurance until children are involved. That's me though, you do you.
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    (Original post by Elivercury)
    If your partner can't afford to support themselves that makes sense, but personally I wouldn't consider life insurance until children are involved. That's me though, you do you.
    They d struggle to in the short term so to me it makes sense once I ve the cash to pay for it. I guess I feel selfish if I ve no got money for my funeral just incase.
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    I'm very stingy but I do have moments of splurging. I have two jobs, and I save all of the money from one and spend all the money from the other . . . But that one's only two hours per week so it's not too much, anyway.

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    (Original post by claireestelle)
    I'm as cheapskate as they come and literally try buy the cheapest version of everything and have completely stopped my spending on treats for the most part, i need to stop buying coffees and snacks when i m out as that's my only remaining weak spot now. What about you?
    I splurge on one thing... Then realise I have no money left and gave to save on everything else
 
 
 
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