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I wish I could speak from experience, but I've noticed that the more I make the less I actually spend. When I was a bit younger, I wanted expensive cars, expen
by donw 17y ago
I wish I could speak from experience, but I've noticed that the more I make the less I actually spend. When I was a bit younger, I wanted expensive cars, expensive clothes, high-end restaurants... sunk myself into quite a bit of debt chasing after all of that.
Now? A small, comfortable place to live, a kitchen, the ability to travel, and tools to tinker with and fix things is all I really want. And I make a lot more now than I did then.
Weird, I know. :)
I'd be pretty pleased with a couple million; more than that is just something to invest in interesting ideas.
5x earnings for a company you'd like to take an exit from sounds like a plan to me.
- decode 17y agoI suspect the changes in your wants are a result of maturity, not income. The cars, clothes, and restaurants are really just toys, of the same type you wanted when you were five.