Author Topic: How do you keep the pressure up?  (Read 1377 times)

SuperSecretName

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How do you keep the pressure up?
« on: February 19, 2018, 06:09:55 PM »
About me: 36, NW 850k, salary 125k. Savings rate ~50%. Hoping to FIRE around 40, which should be very doable.

Iím struggling with keeping the pressure on my spending. Iím letting things slip with the attitude that Iím more than OK and it doesnít really matter. Granted these are relatively small things, like lunch at fast casual places or other small indulgences. But I know it adds up.

Should I really just stop sweating the small things at this point?
« Last Edit: February 19, 2018, 07:36:47 PM by SuperSecretName »

retireatbirth

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Re: How do you keep the pressure up?
« Reply #1 on: February 19, 2018, 06:13:04 PM »
Yes.

What's your annual spending? I'd be FIRE if I had your stash and I'm about the same age.

pecunia

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Re: How do you keep the pressure up?
« Reply #2 on: February 19, 2018, 06:22:48 PM »
My daddy was never a rich man.  However, he gave me a bit of money advice that has served me well.  It was, "Buy What You Need."

It has kept me from buying some unnecessary stuff.

SuperSecretName

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Re: How do you keep the pressure up?
« Reply #3 on: February 19, 2018, 07:02:31 PM »
What's your annual spending? I'd be FIRE if I had your stash and I'm about the same age.
Around 36k, give or take. Iím a single dad with full custody of two kids in middle school. Annual expenses will go down once they head to college.

acorn

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Re: How do you keep the pressure up?
« Reply #4 on: February 19, 2018, 07:34:29 PM »
I'm in a similar situation, and I have mostly stopped worrying about the little things. If they're infrequent one-off little things, and you've made a conscious decision to buy something, sure, why not? I'll think more of it if it becomes a regular/daily habit or if you're consuming mindlessly.

So yeah, I think you're ok.