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Originally Posted by run_fly  Thanks for the reply guys...
I am trying to get my head on straight about money. It seems like every decision to increase my wealth has consequences.
Another thing I was considering doing to increase wealth is to be an active investor but there again it takes time away from other areas in my life to study and will increase stress and I don't enjoy or love it as much as my career.
I really like the idea of the stress free oldschool method of.
1.Work hard at my job (I love my job and it feels great) Even tho it's a typical 9 to 5 salary job...
2.Put money away to get out of dept
3.Invest in Index funds, mutual funds, bonds.
4. Be smart with greed that sets in when I get money from my job and keep liabilites low. (Ex: I don't need a car right now in my current life situation)
5.Don't bother with investing in real estate or any other investments that require active work to take care of.
Simple, stress free, passive. - Enjoy life without obsessing with money.
I know this will not make me incredibly rich or anything but it's really ok. Life is short and for me personally being really well off financially is not a main priority for my life values. I am a big student of personal development and at the beggining I thought getting rich was important. |
Do whatever makes you happy and causes the least or no harm to others. If working 9-5 and saving makes you happy, DO IT.
Don't get caught up in over spending and cut out the luxuries you can do with out (plumbing is utility, a pool is luxury) and you won't have to work at some point if you continue to save.