= 27d567bc2d48d9f40e9ccc20ea370b15)
Viliam_Bur comments on Boring Advice Repository - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (557)
I disagree with this one if you mean in the sense that "compound interest will make you rich!" meme. If you mean in terms of having emergency funds and or saving for shorter term freedom (being able to quit your 9-5 temporarily if an opportunity you want to pursue comes up) I agree.
Maybe the saved money itself during youth is not as important as starting a good habit. Then when you start making decent money, you already have a habit of saving them, and you are already familiar with how it works (you don't have an "ugh" field about money and saving).
strongly agree. I get a lot of mileage out of the rule of thumb "keep your lifestyle expenses a pay raise or two behind you."
I agree -- though there have been times when I was more frugal than in retrospect I wish I had been.