Re:Price shocks in formative years scar consumption for life
by pertymcpert on Wednesday June 15, 2022 @12:52PM
(#31755765)
The right answer really depends on what the opportunity cost is. If you're a FAANG engineer, the time spent trying to save small amounts of money could be better spent doing a better job at work, getting a better review, having a bigger impact, and a bigger RSU grant or even promotion.
Of course it pales in comparison to cashing out your overpriced McMansion in some Karen infested suburb of a major metro with nice schools and moving to rural Idaho or switching jobs for a new one with "senior" in the title. But have you ever actually run the numbers? Cheaping out and/or reducing consumption has a huge impact on weekly or monthly finances if it is applied with any breadth. Monthly finances have a huge impact on money available for savings/investment.