Submitted by jmacdaddio on February 19, 2008 - 19:08.
This post echoed one of the first parts of Your Money or Your Life. We tend to define "enough" as "more than I have now". I thought I would achieve financial goals when I got a great job somewhere, but I realized that my path to financial freedom lies through steady savings and living below my means. It will take several years if not a decade, and it largely lies in prioritizing what is important to spend money on and what is not. A job is something you do so that someday you don't have to go to one rather than the be-all and end-all of existence. A lot of people fall into the trap of establishing their lifestyle then figuring out a way to pay for it later. Personally, I have been doing fine but I could have done a lot better if I had remembered better savings strategies.
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right out of Your Money or Your Life
Submitted by jmacdaddio on February 19, 2008 - 19:08.
This post echoed one of the first parts of Your Money or Your Life. We tend to define "enough" as "more than I have now". I thought I would achieve financial goals when I got a great job somewhere, but I realized that my path to financial freedom lies through steady savings and living below my means. It will take several years if not a decade, and it largely lies in prioritizing what is important to spend money on and what is not. A job is something you do so that someday you don't have to go to one rather than the be-all and end-all of existence. A lot of people fall into the trap of establishing their lifestyle then figuring out a way to pay for it later. Personally, I have been doing fine but I could have done a lot better if I had remembered better savings strategies.