Re:Mr. Money Mustache’s retirement (sort of) plan
by morgante on Monday February 22, 2016 @08:49AM
(#11150734)
> I don't spend on any such thing, track all my expenses, make a good high-tech income, and still spend most of my earnings.
I have to question your story then.
Because I do drop big bucks on fancy restaurants and liquor, yet I still manage to save a ton every month.
Two hypotheses:
1. Your "good high-tech income" isn't good enough. Anything under $125k globally is not good. More if you're senior and in SF/NYC.
2. You're spending too much on rent. Particularly in tech hubs, this is a much more decisive factor in your financial health than whether you cook your own food.
I have to question your story then.
Because I do drop big bucks on fancy restaurants and liquor, yet I still manage to save a ton every month.
Two hypotheses:
1. Your "good high-tech income" isn't good enough. Anything under $125k globally is not good. More if you're senior and in SF/NYC.
2. You're spending too much on rent. Particularly in tech hubs, this is a much more decisive factor in your financial health than whether you cook your own food.