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TopicDoes buying things make you happy
drunkmuggle
10/26/17 1:59:48 PM
#19:


clearaflagrantj posted...
Two_Dee posted...
Thank you clear for that informative post

Since i am not working yet the value of a dollar hasn't really hit me in a meaningful way yet

It's good to have the proper mindset before you even start working (I wish I did, I was always frugal enough to save but I should have saved much more).

1. Money is a function of time wasted at a job, all purchases should be considered in terms of how many hours does it take to generate the discretionary income required to buy it (i.e. it takes five hours to buy one video game)

2. Early retirement is attainable if you save up your money and put it into tax advantaged mutual fund accounts like a traditional IRA or 401k. Don't listen to suckers that pretend like it's impossible, it's a very realistic goal to retire early even with modest savings, as long as you are dedicated to it.

The subreddit r/FinancialIndependence hasa shitload of invaluable information.

hmm how much do you have saved up now
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