5 ms·
> living on 18K in Seattle ... are probably not generalizable Probably not, but spending less than you make, and sometimes far less, is one of the best ways to
by auslegung 5y ago
> living on 18K in Seattle ... are probably not generalizable
Probably not, but spending less than you make, and sometimes far less, is one of the best ways to "make more money". If one is able to cut expenses by a few hundred dollars a month (I know that's completely impossible for plenty of people), that adds up. In fact, $300 invested monthly for 30 years at 10% interest is... 651,396.33.
I think one of the takeaways from this article is to see where you can cut your spending, and do that. But before doing that, have an inspiring goal that makes it easy (or at least much easier) to do. Simply "spending less" isn't motivating for most people. However, retiring when I turn 50 might be.