Sharing some of my lessons learned from my past financial mistakes that shaped my philosophy around car ownership and money in general.
Shortly after finishing my previous post on planned obsolescence, I was determined to mitigate some of the guilt stemming from my contribution to the growing global e-waste problem.
When you feel like you need to buy a new phone after two years because it barely holds a charge for half the day and you can’t easily replace the battery as an end user, that’s planned obsolescence.
Overall I’ve found Buckets to be very useful. It’s not a life-changing widget by any means, but I think the real value here is in automating and simplifying my finances even further.
It may seem obvious that the more that you save, the earlier you can retire, but the first time I saw just how early I could retire by saving a third or more of my income, I was completely blown away.
For me, the best investment strategy for getting rich is the most reliable, reproducible path.
Now that we’re already halfway through the year, it’s time for another budget review to see how well I flexed my frugality in the first 6 months of 2020.
In some ways I feel like this experience has given me a small taste of the daily freedom I imagine comes along with early retirement.
If procrastinators across the globe had a universal anthem, it would likely be “I’ll do it tomorrow.” But for those who are delaying getting their financial lives in order, you simply cannot afford to wait.
It’s been over 7 months since I’ve written anything on this blog. For a variety of reasons I’ve decided to recommit myself to this project.