LH wrote:I did not think it was that bad.
It merely present an option to consider.
I don't think there is anything wrong with having a goal to retire early, or even to retire at 50. However I think the article gave the reader no actual information, no good advice, and was just all-around worthless.
well. all around worthless is pretty hard core.
I think a lot of people, have a spouse, kids, personal lifestyle and such they have to support.
On top of that, they throw a nice car they rebuy say every 5 years, a nice house that makes them house poor. Iphones with maybe 1k a year stream to pay for the wireless... etc.
I know, I really did not start to examine this until maybe 5 years ago, and not really hard core until 2-3 years ago......
People just do not ask the question. They just live the consumption life. Or they just live a conservative life, but do not really examine it. Just work and spend, without really thinking about whats important to them. Acquiring things which may or may not be worth it to them, but hey, its whats everyone else is doing, its whats expected.
Look, I have read the average person in the world lives on 2 dollars a day people.....................
Thats reality. Now I know its not in US, etc. etc.
Now, what this guy is talking about doing, is "impossible" for the average person, well, no it is not.
Its value lies not in answers, it lies in the question, which a lot of people never even seriously consider.
To me, it could be a seque into something akin to "your money or your life" type of thing (a book title).
The key is not that you actually do this, but that you should consider it, and actually examine what you are doing with your time. Time=Money=Life to some extent for most. You consume your time, to make money, to live your life, and you will die.
Do you really need, say, a 10k friggin kitchen counter top???????? A simple surface to prepare food on? Do you need a new car every 2-5 years? Whats it worth in your time?
I just think, to me, that article touches on those things, whereas some, its just discounted, oh impossible! Nope. Its not. Its a choice, one should make by reasoning, and not just random treadmill default. 1/4 of homeowners underwater, I wonder how many bought granite counter tops, nice stoves, kitchen redos? I wonder how many divorces caused by monetary problems?
When I sit at work, and when I spend money. The two are linked in my mind. An iphone stream of payments to apple = me working for that service for apple essentially. The money is just a mechanism of transfer.
The most important things are family, friends, food, shelter, health.
How much of your life is granite counter tops, what does that get you, and what does that cost you? To discount this stuff is easy, to really consider it, is tough.