Hello, Winebbers. My name is Jesse Meekham, and this is podcast number 80 for

you need a budget, where we teach you four rules to help you stop living paycheck to

paycheck, get out of debt, and save more money.

We've been talking a lot, especially since I launched that investment course at

Wienab.com slash courses slash investing.

We've been talking a lot about saving for retirement or saving for other things.

And in the course I talked about the purpose for investing is to grow your wealth, period, and become a, oh man, what's the word, like a fat cat type person?

People are sometimes bothered by the idea of wealth, I think because they see wealth being wasted or kind of being used really flamboyantly, if that's the right word kind of for show for selfish reasons but

wealth does an awful lot of good and especially on a micro level like wealth for your kids to help them get great education or to just

provide the necessities of life for people or just to give a lot to worthy causes, or to pay for your daughter's modest wedding.

Wealth isn't bad at all. The investment side of things focuses a ton on retirement and

it's starting to kind of bug me. Mark's been right on the blog about how he wants to move, not wants to, but was thinking

about what are the numbers like to move to a two bedroom apartment instead of having this house

and it would mean 200 grand in 10 years and that could go toward retirement and then people came back with all sorts of

fairly insightful comments, the cost of moving there you know there are other factors

besides just the savings and investing toward retirement.

And that investing course, I really pushed people hard toward starting.

And I'm not backing that from that at all.

You have to start.

The average, I think 50 year old has about a thousand dollars to their name per year that they are old or young however you want to look at it

So the idea of retirement and invest, saving and investing

for it, you see tons and tons and tons written about it,

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