This topic contains 18 replies, has 11 voices, and was last updated by 
FrostByte 5 months, 1 week ago.
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I’ve never married, and one positive outcome has been to keep my money, and spend it as I see fit.
When I bought my house 19 years ago, I planned on paying ahead on the note every month. It wasn’t as much as I liked, but it helped. Then in 07 I took a promotion at work, which in turn was more $$. After discussion with my older brother, I took half my savings and sent the bank a nice big check. From then on, I paid 2-3 times the amount of the monthly payment. If I got say 6K back on a tax refund, I would send the bank 5700, and keep 300 for splurge/fritter purposes. The note was paid off in less than ten years. Now I put money into making it a nicer place. New driveway, ceiling fans in the bedrooms, had A/C installed last year. I’m getting a new front deck soon.
I’ve also put some of my money into other assets.
We can accomplish great things for ourselves when we can keep our take-home pay.
And when we slay debt…which has been my mission for the last year. 25% of debt is gone, only pay for things with cash now, avoid any financing or credit card use… amazing how far, how fast you can change things without a woman.
No longer can we walk away, we must run. Remove the motive power.
DEBT is another anchor that we willingly attach around our neck no different then entering into a “relationship”.
In a World of Justin Beibers Be a Johnny Cash
Love the sig-line.
If you had a woman on your back, she would be talking about a remortgage about now.
Then in 07 I took a promotion at work, which in turn was more $$.
This happened for me last year. At first I was blowing the extra cash but then I wised up. I learned to use the free money management tools built into my financial institution’s website. At the beginning of the year I gave myself a resolution to set my finances in order, and I’m well on my way. This budgeting software is key. When I can track my day to day spending and income I can manage it better. Much better!
Its amazing how much money people will p~~~ away over a life time by being in perpetual debt. If you got someone who perpetually carries 300k in debt between a mortgage they equity out refinances every 5 years and a who constantly finances new cars, and pays an average of 6%…that is 18k a year just in interest. Multiply that out over 40 years…that is 720,000 paid in interest! Wanting to have money to spend on stuff now means you have a lot less money to spend on stuff over the course of your life time all because you end up paying so much in interest.
Now take some guy that lives cheap early in life and accumulates 50k into his 401k by 25, and lets it compound in an index fund for 40 years, which has a long term average of growing around 7-9%. If he averages 7% over that time he’s got 750k waiting for him.
I don’t think those are even outrageous numbers, and it ends up almost 1.5 million difference between someone who gets their s~~~ together and benefits from interest, and someone who pays interest their entire life. Just think about this every time you see some sucker who bought a huge house he didn’t want to keep pumpkin happy, who financed a big SUV for pumpkin, who runs up credit cards to take pumpkin on vacations, etc. He’s literally p~~~ing away millions over the course of a life time for some rotten snatch that could leave him on a whim.
You are so much better off just treating yourself well with your money and having the option to retire early rather than become a slave to a person and a system to which you are disposable.
How true is that , a women will gladly spend your money as its yours …. If a guy invests from a young age with a wing and a prayer many could retire at 40 +
Beer, I calculated that I saved $129,946 in interest by paying the house off 20.5 years earlier. It amazes me just how much money a bank gets (basically) for free. It also helped the economy on a micro level to put that money back into circulation rather than have it disappear into a bank. I feel blessed. I’d still be paying on the house today if I stuck to schedule.
Beer, I calculated that I saved $129,946 in interest by paying the house off 20.5 years earlier. It amazes me just how much money a bank gets (basically) for free. It also helped the economy on a micro level to put that money back into circulation rather than have it disappear into a bank. I feel blessed. I’d still be paying on the house today if I stuck to schedule.
Its crazy man…and that is just your house. Now imagine you refinanced every 5-10 years and NEVER paid it off. You’d pay more in interest over your life time than the house would ever be worth. Now add in a perpetual car loan as every time you pay one off you trade it in for a newer one(or you just keep leasing), and some lingering student loans and credit card debt. Lot’s of people live that way and never think about finances more long term than making their next months payment, when all they have to do is slow up the spending and prioritize debt for a few years and they could literally save themselves thousands of dollars a year in interest payments for life.
My mother accidentally set an example for me when I was a teenager in regards to money. We were going to the story and she commented how she’s doubling up on her car payments, then it would be paid off soon. I thought “Sure, good idea.” I always paid off my loans well ahead of schedule as a result. Probably saved myself countless $$ in interest.
It was one of very few decent things she taught me in life. All the rest was garbage. Glad I was able to get that much.
How true is that , a women will gladly spend your money as its yours …. If a guy invests from a young age with a wing and a prayer many could retire at 40 +
Absolutely, if I had never got married I am certain I would be retired, or at least be working some no responsibility part time job by now (I am 45).
When I was married, my ex wife was only happy if we lived absolutely on the edge, paycheque to paycheque spending every penny on useless rubbish. One of our biggest arguments was because I had saved £10k as a buffer as I was the only one working as she hadn’t worked for six years. She went absolutely mental when she found out, accusing me of making her live like a pauper, given her choice she would have spent it all on a holiday.
It is nearly six years since my divorce and from the day I moved out I went into full money hoarding mode and now have a rental property with only a 50% mortgage and a years salary in the bank in cash. All of this I have managed to do while still paying her 20% of my take home salary each month. People at work all have nice cars yet moan about being skint all the time. When they talk about their nice cars I just look at my savings account and get a nice, fuzzy feeling while their cars are outside depreciating.
As soon as I moved out she bought a brand new car on finance and is still paying for it. I drive a twelve year old car I paid £1200 for two years ago but it works perfectly, costs me nothing and I don’t worry about it at all.
My plan is for the mortgage to paid off in 8 years which ties in with when child support ends. I will then save virtually all of my salary until it gets to the point where I have had enough and jack in work for good. I plan on being done by the time I am 55 if I can help it.
If you don’t have a mortgage, are happy to drive an old car and realise holidays are a waste of time how much money do you really need to live? I would rather live in my paid for modest house, get up when I want and do what I want all day rather than be forced to go to the plantation all day to pay debts for things I have long since forgotten about or got ridden of.
For women, everything eventually boils down to Alpha Fucks, Beta Bucks.
It’s called “financial maturity”.
When you have a lot of money in your account or in your pockets and you can’t think of something stupid to spend it on, then it’s a sign you’re a real grown-up. Which is why most men (non-MGTOW, simps, etc.) and all women (maybe a few exceptions) are bad with money, all have debt and call you stupid for not having a brand new SUV or luxury car.
I love my tiny paid-off hatchback ! It only had 30,000 miles on it when I paid it off. MGTOW-life is good.
*puts on sunglasses and walks away grinning*
It’s called “financial maturity”.
When you have a lot of money in your account or in your pockets and you can’t think of something stupid to spend it on, then it’s a sign you’re a real grown-up. Which is why most men (non-MGTOW, simps, etc.) and all women (maybe a few exceptions) are bad with money, all have debt and call you stupid for not having a brand new SUV or luxury car.
I love my tiny paid-off hatchback ! It only had 30,000 miles on it when I paid it off. MGTOW-life is good.
*puts on sunglasses and walks away grinning*Aw… there is always something to spend it on (being tongue in cheek here)
Toys like a new tool, new computer, new gaming console, new razor, new comfortable shoes, lol…
Do you notice the trend though… not flashy but things I would use to take care of myself..
No longer can we walk away, we must run. Remove the motive power.
only pay for things with cash now, avoid any financing or credit card use…
Since New Years I’ve been doing the same thing. The only exception is one credit card that I pay off every month and only use for the sake of collecting reward points. Basically every month I get a free $25 gift card just for using the credit card for my lunches and trips to the bar. This requires me to run a pretty tight budget and not go over a certain amount every month; an impossible feat to maintain with a woman (or other type of partner) putting demands on me.
Good to hear that you guys are striving for financial independence. That is the ultimate freedom, especially in this day and age.
Aw… there is always something to spend it on (being tongue in cheek here)
Toys like a new tool, new computer, new gaming console, new razor, new comfortable shoes, lol…
Do you notice the trend though… not flashy but things I would use to take care of myself..Haha. Nice.
Well, I did say “something stupid” and the things you’ve listed aren’t stupid.
You obviously pass the test. lol
I do need new shoes. The cheap-ass ones I bought last year failed pretty quickly… but I’m still wearing them. hehe
Aw… there is always something to spend it on (being tongue in cheek here)Toys like a new tool, new computer, new gaming console, new razor, new comfortable shoes, lol…Do you notice the trend though… not flashy but things I would use to take care of myself..
Haha. Nice.
Well, I did say “something stupid” and the things you’ve listed aren’t stupid.
You obviously pass the test. lol
I do need new shoes. The cheap-ass ones I bought last year failed pretty quickly… but I’m still wearing them. heheI am kind of p~~~ed at my shoes… well the seller of them. I really like my shoes (even though they are cheaper) but they aren’t making them any longer… and the sole just split. In N process of finding a new brand now… really liked them too.
But, point is, take care of your feet. Shoes are an area that you want something comfortable. Walking away is easier when your feet don’t hurt.
No longer can we walk away, we must run. Remove the motive power.
One of things that is nearly impossible to buy when you have a woman in your life is comfort items. If you spent your money she earmarked for herself, you will be getting an earful of how selfish you are for spending your own money on yourself.
If you rescue a damsel in distress, all you will get is a distressed damsel.
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