This Guy Is On The Right Path

[FunInTheSunParticipant 8283]

He’s got extra money in the bank:

"I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

[TaxGuyParticipant]

All you young single guys should take a listen. This is your future when you never get married and have kids. The guy doesn’t know what to do with all the money he has.

Order the good wine

[GregB0Participant]

TaxGuy wrote:

The guy doesn’t know what to do with all the money he has.

Spot on TaxGuy,

Save your money to blow on stupid stuff later, than to blow it on stupid stuff now and have no more money.

​"​My father didn't tell me how to live; he lived, and let me watch him do it.​" - Clarence Buddinton Kelland

[Y_Participant 4591]

TaxGuy wrote:

All you young single guys should take a listen. This is your future when you never get married and have kids. The guy doesn’t know what to do with all the money he has.

Second that.

[AttonParticipant]

Kill debt and build security sounds pretty f~~~ing smart.

A MGTOW is a man who is not a woman's bitch!

[Gone GhostSpectator 222]

Interesting video, thanks for posting. I am still relatively young at 28, taking those early baby steps to set a up a foundation for the future. It is a slow grind sometimes but nice thought that I could have serious bank behind me later on.

~ Were you listening to me, Neo? Or were you looking at the woman in the red dress? ~

[FrostByteParticipant 19005]

Nothing creates wealth faster than removing the waste. It’s easier to not spend than it is to earn.

If you rescue a damsel in distress, all you will get is a distressed damsel.

[Gone GhostSpectator 222]

FrostByte wrote:

Nothing creates wealth faster than removing the waste. It’s easier to not spend than it is to earn.

Definitely. I’m trying to taper back my spending where possible. It’s actually the small stuff which adds up for me. A little mental trick I’m employing is to estimate what each small item costs me per month as a repeat purchase.

Helps me break the cycle when I go to buy something for $10 but stop and estimate that it is costing me $40-50 on a monthly basis. The second figure is much more likely to stop me lol

~ Were you listening to me, Neo? Or were you looking at the woman in the red dress? ~

[FrostByteParticipant 19005]

Gone Ghost wrote:

A little mental trick I’m employing is to estimate what each small item costs me per month as a repeat purchase.

You start with a plan, you can’t go wrong. Sounds like you’re on the right track.

If you rescue a damsel in distress, all you will get is a distressed damsel.

[CatsPawParticipant 423]

It is funny when you think about it that people have two mindsets:
1. Save for tomorrow, keep part of it in a bank.
2. Default on everything (student loans, national debt).

Who do you think will be the loser here?

Yes, debt free is a step, but a 401k? Not so sure about that one. Id definitely not have ALL of my retirement there.

I have spread myself into 6 different areas that are insulated from each other, and in fact if one of them fails, the other one gains value.
In this time, with negative interests rates, bail-ins, terrorist alerts/big government…
You gotta be rather flexible.

[Author]

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