Hi I am trying to get a grip on this attitude towards money to see if it will help me take our lifestyle to the next level.
Married 25 years, we own our home mortgage-free. No debts. This enables us and one child (12yo) still at home to live on our combined income of approx $NZ55k (part time employment for my dh, part time self employment for both of us).
We have two cars, one about to be written off by insurers I think. Not very happy about this, but thinking it could be an opportunity in disguise. Tentatively suggested we try going back to one-car family and was not laughed out of the room by my dh. However, we both remember the mighty inconvenience of those days.
I feel like the frugal measures we have taken - paying off the mortage before having children, not going into debt, not having TV, dryer, dishwasher, etc have helped us live well on limited income. But I also sense there is more to learn and that we are kind of stuck here without a plan for greater financial freedom.
I am reading around on this site and finding some gems of information, but still trying to get an overview of a good strategy from here on in.
Any comments or feedback welcome.