If you make a decent income, it becomes all about lifestyle creep.

I did this when I was young, learned quite a bit about financial burden, and I’m still technically paying for it in other ways since the economy in this time period could have made me much much more comfortable then I am now if I knew what I was doing , but I also know how to live within my means because of the experience, while also putting me in a place that forces me to take advantage of every opportunity to maximize my path to financial independence.

Necessity will force the knowledge on you, but I really wouldn’t want to go through this again. I wish people would have just gave me the guidance i needed when I asked for it instead of the mantra of “just save” when I wasn’t in that position at all. All this taught me is that I should have hired the right people instead of listening to people I thought I trusted, assumed had an inkling of intelligence.

/r/financialindependence Thread Parent