I have been slack about saving over the last few months. I have dad's money tucked away and part of my wages automatically going to retirement, so that's going to be allright. I have been earning more money and it seemed like I didn't have to worry about every cent spent any more so I eased the purse strings and took my eyes off the dream of Financial Independence.
But thinking it over I realise I really do have a realistic opportunity of being FI, and sooner rather than later if I really tighten up on spending now. There is a lot of difference between having to be thrifty when there is no alternative, and choosing to save money in pursuit of a goal. When I had little money I would often rebel and spend on some treat because "I don't have any other indulgences". Now I am going without because I can have it back later on. As Dave Ramsey says, Live like no one else, so later you can live like no one else.
Going without
September 19th, 2012 at 05:31 am
September 19th, 2012 at 11:08 am 1348052935
I too, am starting to be more choosy about what I spend my money on so I can pay more to debt reduction and attempt to set myself some kind of retirement fund afterwards.
September 19th, 2012 at 01:05 pm 1348059924
No kidding!