Posted on 11/07/2022 6:36:01 PM PST by nickcarraway
I guess it’s OK. Not the lifestyle I would choose.
All things in moderation. Including moderation.
I have a son who lets money burn a hole in his pocket and a daughter who saves everything she can.
She doesn’t deny herself and live at poverty level, but doesn’t waste money either and she is saving a LOT of money and doesn’t even earn at this guy’s level.
I lean far more to the frugal side. We don’t eat out much. I can cook well enough and I know what’s in my food that way. I hang out my laundry and it’s impressive how much money one can save by not running a dryer.
I found an older model microwave at a thrift store one day for $8. Works great and is the older technology that is less likely to catch on fire and is more reliable.
Yes, it does take some effort, but planning and being aware of opportunities plays a big role in it as well.
Doesn’t seem like being a software engineer would be a job that you HATE each and every day, and it clearly isn’t the sort of job that wrecks you physically. So they deny themselves the fun and pleasures of life on this obsession with retiring at 35; then what? Watch Netflix for 40 years? He’d be smarter to find a job that provides the kind of satisfaction that he’d actually want to do - past 35, which is really, really young to hang it up.
that isn’t even CLOSE to what someone would need to retire, much less retire early.
You semi-retire by buying a turnkey business that has 2-3 hours of real work/day.
That’s my plan, if I was ever able to do that.
Making a good living and taking advantage of a program clearly designed to help those far less fortunate than his family, is pretty selfishly low-class.
.
He’s shortsighted.
His family is likely to fall victim to the horrible crime in the area, and the schools are unsafe.
That area is a hellhole, and the inmates are running the asylum.
That’s the Truth!
Obamacare was passed a dozen years ago.
You don’t even have to wait in an Emergency room, right? And all those savings made Healthcare and Surgery dirt cheap.
Barack said his cost savings would ignite the Economy like never before.
I work sometimes in a Hosp. Doesn't cost me anything to work there.
And I trade the stock market....I have the funds to make the trade..but I am not spending any money to trade. Well...I take that back it costs me some $ to get in and out...but it's low.
Once he pays off his house entirely he’ll be entitled to deeply discounted health insurance from the state of Minnesota? How does that work? Plus he’ll have $500,00 in the bank?
Being stingy bastard will definitley up your prospects in ladies dept.
I tell that to people all the time
Car accident, medical diagnosis, shoot even a divorce and ..... gone
This is the reaction I get:
🙄
I have a great plan:
Marry a rich woman.
🤪🤪🤪😬😬😬
Amen!
My husband and I labored under catastrophic medical debt due to the premature birth of my second child. Then came life, cancer, miscarriages, another child, we could not get out from under.
We are in a good place now. I’m socking away about $5K a month while still enjoying life. I’ve only got 10 years left (or so the doctors estimate- thanks, Fauci, you evil troll), and enough life insurance to set my husband up for retirement.
My, I don’t have to worry about that anymore, so we are hitting the bucket list while we can.
They can’t imagine it. It has to happen to them for them to understand it. Some people are just like that. Theres a blinder on certain parts of their worldview.
This is extreme saving but it appears to be effortless for this guy. Some people are wired to be able to save. I was.
The amount he needs to retire depends on his spend rate. If he is used to living on almost nothing he won’t need as much saved to continue doing that in retirement.
Good for him.
Supposedly one of the things that holds marriages together is matching credit scores. If one has a low credit score and the other a high one, the marriage is less likely to last.
I was told to expect 3-5 years. That was 11 years ago.
Here's hoping we have many more years to enjoy with the people we love.
Nope.
Everyone I know who does such things are moving to Real estate.
Less drama and regulations IF, big if, you have the right tennants.
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