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this happened to my family as well. The amount of money you can save by being frugal is very limited. IMO you're better off living a reasonable lifestyle and fo
by Jack000 8y ago
this happened to my family as well. The amount of money you can save by being frugal is very limited. IMO you're better off living a reasonable lifestyle and focus on income rather than expenditures.
- emit_time 8y agoDisagree, the amount that can be saved by being frugal is pretty great. Lots of people throw money at cars, eating out, expensive hobbies, new electronics/gadgets... etc. etc. The point is find eliminate spending on stuff that doesn't really make you happier, and focus on the things that do. Also, find cheap hobbies, reading, etc. etc.
- Jack000 8y agodepends on your lifestyle and income I guess. If you have high income and high expenditures you have the choice between immediate pleasures or early retirement, and that choice isn't so clear cut imo. for software guys like mmm I'd wager that it's better to take the time and energy used on frugality and instead try to develop alternative income streams, which ironically is exactly what mmm did. regrets over $10-30 purchases seem like a complete waste of time to me... https://www.newyorker.com/magazine/2016/02/29/mr-money-mustache-the-frugal-guru https://www.newyorker.com/magazine/2016/02/29/mr-money-musta...