The world is a really interesting place with lots of things to do, but many of the most interesting things have a high risk of not paying out, or are just inherently unprofitable, and everyone needs something to eat and a place to sleep. The more money you have, the longer your runway, and the more risks you can take on.

Want to leave your job and go overseas for three months to a bootcamp? Start a company? Start a charity? Get a PhD.? Organise a music festival? Catalog the butterflies in your area? These things are all pretty risky compared to staying at your job - if you were going to do them, you'd want to have a savings account to dip into.

This resonates for me. It wasn’t until I significantly curbed my spending habits on frivolous luxuries and learned how to save that I was able to do the things I wanted to really do.

I wish they taught basic book keeping and financial common sense stuff in school. I mean they taught us week after week in home economics how to bake and cook, surely some financial lessons there would’ve been a good idea.

He may have debts, or live in an expensive area, or maybe he just loves money and will do anything to put some extra dollars into investments on top of his primary income.