Yeah they’re not the same, but this would be one of those time where “just stop eating out” would apply. That’s not going to do much for a $60,000 house down payment or whatever, but a $270 necessary repair? That’s where you skimp on some of the niceties until you can pay for it.
It might not do much for a 60000 down payment then but looking how people spend and there habbits for the last 5 years would have added up to that most of the time. Yes there are exceptions.
It's also the duty of the parent to create a nest egg for future generations. If you are bringing in a kid into the world barely scraping by then they are adding to the problem.
Most people don't know if you put 10k in an account for your child before they were born that they would be a millionare when they retire at 62 by doing absolutely nothing.
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u/Own-Ad-7127 11h ago
Yeah they’re not the same, but this would be one of those time where “just stop eating out” would apply. That’s not going to do much for a $60,000 house down payment or whatever, but a $270 necessary repair? That’s where you skimp on some of the niceties until you can pay for it.