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True wealth is how long you can maintain your preferred lifestyle without working. By scaling back, you become wealthier.
by wallflower 16y ago
True wealth is how long you can maintain your preferred lifestyle without working. By scaling back, you become wealthier.
- dkarl 16y agoOnly if you can manage to "prefer" your new, scaled-back lifestyle.
- sliverstorm 16y agoI think 'manage' is not quite the right word. I am sure there are plenty of people out there who could be happier while spending less- the ones who are spending in search of happiness.
- groaner 16y agoCare to quantify that? I could maintain my current lifestyle for 8-10 years from savings (without having to touch retirement accounts), or longer if I move somewhere cheaper, but I don't feel wealthy at all.
- jaxn 16y agoFeeling wealthy and being wealthy are often two very different things.