Money Matters
Sorie and Mark talk about money and how much they worry about their future.
Speakers: Sorie, Mark
Transcript
Track 1
Mark: Hi, Sorie. Talking about money, do you worry about money?
Sorie: Yes, I do. I especially worry about the future, about my retirement plan. And Iâm not saving any money at the moment. And I have friends around me that are already saving up for their retirement. Iâm 27 years old right now and Iâm not sure if I should be concerned or not. Are you concerned?
Mark: Well, what kind of options are there? How would you want to save up?
Sorie: Well, first of all, right now, I donât have the option to save for retirement.
Mark: Because you donât have any money?
Sorie: Yeah, the present is plenty to think of. I havenât got my head around the future yet. Do you have any recommendations at how I could do it?
Mark: Well, national pension plan or kind of put a little bit aside every week or forget about it. Youâre only 27.
Sorie: Yeah. Itâs very interesting, you know, because I know some people that instead of having a retirement plan, they decided to have a lot of kids and have their kids pay for them when they grow up and they get older. So that may be an option for me.
Mark: Yeah. And from where from also, thatâs kind of the norm perhaps.
Sorie: Yeah, thatâs right. How about you?
Mark: Yeah, Iâm a bit older than you and I donât have a pension plan either. But Iâm not quite so worried about it right now.
Sorie: The time will come though.
Mark: The time will come and the more I think about, the more we talk about it, itâs definitely something to be considering. But itâs interesting in national pension plan, isnât it because what if we leave? What if we wonât live in this country anymore, we had to move to another country and then we work there a little bit. And then we move to another country.
Sorie: So as an international person, itâs difficult to commit to a national pension because you donât know where youâre going to end up, right?
Mark: Exactly.
Sorie: Thatâs what youâre saying, I see.
Mark: So if that was the case, it would seem that putting a little bit away every month or every week personally in an account would be a good idea.
Sorie: And are you committed, like, can you do that every month? Can you?
Mark: Yeah, I think I can do that. Yeah, but itâs interesting that I havenât considered such things. And now when we consider it and realize how important it is, itâs probably a good thing to be considering.