Interesting....especially considering family. Ive got 2 sons and once they left home it was clear that i had done my job and overcame many.of my limiting beliefs and it was time for me. I do think having children can make the big decision to go more difficult but there are always ways. Since i sold everything i finally had money. they both at some point asked for a loan-no problem-happy to for the first time in my life be able to give them something money related (i was always too poor and they'd gone without so much growing up) however my current financial life plan means i will probably die penniless...not so great for my sons...so i have asked them to repay their loans by taking out life insurance policies on me..so they will get something when i die. Our lives are so much more than money and I believe i have been showing my.kids through my life that buying into stuff is not the way to gain freedom. Freedom is much much simpler and cheaper than we are sold and told..
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Consumerism really is a new concept that is born of corporate and governmental greed. The more we spend on crap the more profits companies make and the more governments get to collect in sales tax and corporate income taxes. Plus the goods we purchased didn't just lead to corporate profits for one company, but for many which adds even more taxes. Plus those goods all lead to jobs which means more tax paying citizens. It's all just BS.
Good call on the life insurance as there are always final expenses that need to be taken care of and these policies will make sure your kids are whole at the end of everything and maybe even collect a little money. While the money isn't important in itself there are many times that the death of a family member causes stress and that extra money might give some options like taking a little time off work to morn.