Not necessarily. Since my wife and I married 8 years ago, we’ve never spent more that 40% of our combined income annually.

I haven’t had consistent income for almost 9 months now as I am attempting to transition from a blue collar lifestyle (carpenter and electrician) to become a web developer.

I wrote my first html and qbasic code back in the 90s but I always told myself that I could never be anything other than a tradesmen because of my upbringing.

Now I’m looking to change that and it’s only possible because we’ve been so frugal.