I worked for a startup for a bit of time that had incredible stock incentives (well into the 6 figures if you fully vested). I was putting in 80+ hours a week with no end in site (originally pitched at 50hrs). It was causing me to never see me kids or wife, and when I did see them, I was a shell of my former self due…

I’ve found it much more convenient to pay with everything using plastic than carrying cash or checks. I started with my bank card, but the extra security of credit cards combined with the perks drove me to using a credit card for everything.

Also on personal experience, when I only had hundreds of dollars, I managed it very differently. I didn’t look long term, although I did always stay away from true paycheck to paycheck and have some sort of small emergency savings. When I started getting more income, I would be good at building my emergency savings…

The big difference is $100 isn’t really worth investing by itself. You also can’t plan to do much splitting to apply to different things.

I’m on the other side of this, on both the cash and non-cash side. We have an income in the 100-200k range.

As a 20 year old, I was working on CCAFS and took a self guided tour down ICBM road which was launch site most of the US space program prior to Saturn V. The state of disrepair made me extremely sad.

Nate Diaz is a 155lb weight class fighter but doesn’t have time to cut down to make 155. Short notice fights are often a weight class above a fighters “home class”.

The USB C cable that came from LG with my Nexus 5X didn’t have a deep drawn connector. I guess it’s crap then.

Sort of? I do in the sense that I know if I let it go downhill, my asset will be worth less than if I kept it up.

If you pay your credit card in full after getting your statement, it will still be reported as having a balance. I pay the statement balance every month in full, but it still shows a running balance on my cards.

One big note “As such, your first 30-day delinquency on a bill can really cost you”

Don’t forgot about homeowners insurance too. I saved 30% last year by getting an updated inspection and shopping it.

My dad is one of those stories. He had a microwave in the back of his hatchback that flew up and hit him in the back of the head after a frontal collision. If he had been wearing a seatbelt, the microwave most likely would’ve snapped his neck, but being unconstrained allowed his body to follow his head.

Your math is off on the 60% example. You save 1.5x your expenses yearly, so with 0 growth, it’s just under 17 years. However, with 6% return, it’s about 11.5 years to get 25x your living expenses.

Would your interest rate really have been lower than 0.75%? If so, did you pass up incentives to get it, which is common when taking a super low APR?

The issue with this theory is that most people don’t bank the money and invest it. I do agree with it in theory.

I agree with this 100% and even fell into it early in my career. My parents never really saved and spent all they earned, but avoided unsecured debt. It took a while to break that habit and get into the savers mindset.

Mine was having a realtor try and push me out of my comfort zone financially.

Do they take credit cards or just direct debit from bank accounts?

Has anyone noticed that the Heinz dip and squeeze packets last for a way shorter duration? They starts turning black after a month or 2 while the packets last for a year.