3 ms·
Find someone who earns half of what you do (after tax), live like them, put half in the bank before you do anything else.
by throwaway22032 5y ago
Find someone who earns half of what you do (after tax), live like them, put half in the bank before you do anything else.
- tartoran 5y agoI hear you, frugality is an important aspect. But putting money in the bank doesn’t really seem like the best idea, especially now that inflation is running wild. I don’t know what the answer to that really is though. Investing is an idea but also a risky business too if you don’t know what you’re doing.
- throwaway22032 5y agoThe topic is "how do I stop living paycheck to paycheck", not "how do I build an empire". If you save 30K and lose 3K to inflation that's still 27K more than not bothering at all.