Young & Prudent: The Buffer Zone

Comments (2)

  1. walnut says:

    What a long-winded dissertation just to tell us it took you 29 years (or maybe a little earlier?) to realize something is not right living from paycheck to paycheck, Ms. Solomon.
    Someone who is obviously very accomplished and apparently very proud of her own accomplishments, no less.
    While every generation has unique challenges, and the tools for financial planning are always evolving, the guiding principles remain the same, including timeless truisms such as:
    – work hard (so you have money to plan with),
    – live within your means, and
    – save for a rainy day.
    These are just common sense. Even your seemingly unconventional friend Davis has to agree with them.
    By the way, we have all heard anecdotes of people giving away all their wealth and possessions, but none of those people would scramble to save as much money as possible at the same time. In your friend’s case, it simply makes it easier to move around from place to place, and should not be confused with those who truly give up their worldly possessions for good.
    I hope the target audience of this column going forward can find real ideas that help them meet, even rise above, the challenges of their generation, though I’m not optimistic judging from what I’ve seen so far. Anyway, I’m not part of that audience so what do I know? Best wishes.


    Samantha Solomon Reply:

    Thanks for sharing your opinion, Walnut. I am glad you seem to have read at least three of my columns, despite the fact that you found one long-winded.

    To your point about the buffer zone article, I share my experience so as to inform others who might be in the same position, and I don’t think I should be chastised for that. Many people are not aware of this concept and struggle with their financial health. In fact, your effort to shame me is what many people are afraid of when it comes to talking about money. This prevents them from educating themselves. (My next column will cover this in detail, actually.)

    Regarding your comment on my profile of Camren Von Davis: How does giving up all of one’s possessions do the world good? Davis’s desire to save is hardly greedy. He is simply ensuring that he can provide for himself and is living in a way that makes him happy. Plus, he seems to have broken from that desire to buy things and spend money as a way to prove his own worth. A lot of good can come from that. Just imagine if he influenced others to break that habit too.

    I am curious, since you seem so dissatisfied with the information I am putting forth, what ideas you would illuminate for my generation?


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