Comment on Easy To Spend, Makes It Hard To Save by ambertreeleaves.
The outstanding debt is just beyond my imagination… It is actually funny to read in a Belgian newspaper that the average american start to save now… The analysts wondered what the impact would be on the global economy as there will be less consumption by the US. would that mean less profits for the companies and lower stock prices?
This weekend, I fell in the volume discount trap and bought 20 light bulbs… The reason I did this is simple… The regular stores that I usually go to get this bulb no longer carry it. When I found it only, I bought enough to last a life time (I actually do not know if light bulbs go bad)
Recent Comments by ambertreeleaves
Creating a Better Life By Spending Less Not Earning More
At this time, we are working to fund our FIRE funds so that soon that can fund our essentials. We are quite low already on discretionary compared to others.
It can still go lower. 4K per year on ski is really not needed and can be replaced with a 2K other type or holiday, or even staycation, why not…!
At one point in time, we will need to decide on what is more important: the discretionary spending or the freedom FIRE can bring.
I Found the Perfect Mountain Cabin Vacation Home
Great story. I like the math to decide on buy or not. You also add in the occasional renting in stead of buying. All good elements.
We do not own one, we could use one from the family and now no longer can. It is great to have cheap holidays. It was cheap for us as someone else paid all the costs. Personally, I would not buy one. It means holidays always on the same spot, guilty feelings when going elsewhere,…
Getting Back to Financial Independence
Thx for the mention.
Now that we have a better idea of what we want, it is easier to go after that, evne if it means postponing FI a few years. Without that isight, I would not have changed jobs to a startup. From apure FI point of view, earning less is just plain stupid. In the bigger picture, it makse 200 pct sense….
Avoid the Home Warranty Repair Scam
Sounds like you do not need that warranty. How many times last 2 years did you need a repair? What was the cost?
Learn To Profit By Taking Risk
Thx for sharing this!
Tom is a great person. He runs Tastytrade, the financial network I love to follow.
I watch their show on a regular basis!