URL: https://www.tripofalifestyle.com/
Twitter: @TOALifestyle
Country: United States
Rank in the All-Star Money Directory: #28
If you like what you do, that’s fantastic. But it’s also important not to let your job become your whole identity. What things might you try if you didn’t have to go to work for a few months — or…
Being good with money requires planning and consideration, but it shouldn’t take constant effort. The whole point of financial responsibility is to make your life better. If you’re not experiencing that effect, something is wrong.
Long-term travel doesn’t have to be a lofty goal reserved for some hypothetical “golden years” near the end of your life. These types of trips can become a repeatable, financially sustainable part of your lifestyle.
All extraneous spending isn’t equal. One important differentiator is depreciation – how quickly an item’s value deteriorates over time. There are two ways to think about it: resale value and useful life.
What would happen to a 30 y/o who invested enough to quit her job forever, entered into early retirement, and then endured the worst economic meltdown the world has ever seen? What would happen to a 60 y/o?
We love the stock market, but if you’re not emotionally prepared for half of your money to randomly disappear overnight, you probably shouldn’t be all-in on stocks.
