donaldtoo
Well-Known Member
One just has to find a way to make it work but that requires retuning your mindset. My first jobs out of school, I brownbagged my lunches, cooked food at home and budgeted per every dollar where my expenses would go to. At the same time I purposely lived below my means and invested monthly in mutual funds when back in the day that was not a thing to do. Time magazine wrote an article on The Death of Equities. How so wrong was that article. Equity investing long term is pretty much your money is working harder than you do. The books, The Tightwad Gazette and The Millionaire Next Door was my go to reading material and it still is when I refer to some information. I give credit to my parents who taught me to account for spending and budgeting and the power of dollar cost averaging in investing in the markets for over 30 years.
During the last major recession, Carolyn and I still made more than 60k combined working several retail jobs. We had to to pay the bills. And those 4 years were without healthcare, or any other benefits, until I was hired back by my architectural firm on Feb. 11th of ‘13.
I can’t even imagine making less than what I do now, but, we all know how that can change in a heartbeat.
At this point, there’s a lot of gravy, and whatever Carolyn and Matthew make beyond me is just more gravy.