You haven’t met my grandparents.
analystdude: hpracing007:You don’t get rich by saving money, you get rich by making money.
Nuff said. I don’t know anyone who saved their way to becoming wealthy. The income side of the equation is not enough to get most ppl there no matter how high their savings rate. On the other hand I know plenty who have high incomes and spend it all. Bogleheads and FIRE want to live a life one notch above poverty to get to retirement as fast as possible, to continue living a near homeless lifestyle. Not my cup of tea, but to each their own i guess.
You haven’t met my grandparents.
I think that’s safe to say. How did they do it, that is, what careers?
i know a property manager married to a nurse whose net worth is about 7m at 55. they turned their real estate in sf to assisted living faciltiites.
Codtrawler87: analystdude: hpracing007:You don’t get rich by saving money, you get rich by making money.
Nuff said. I don’t know anyone who saved their way to becoming wealthy. The income side of the equation is not enough to get most ppl there no matter how high their savings rate. On the other hand I know plenty who have high incomes and spend it all. Bogleheads and FIRE want to live a life one notch above poverty to get to retirement as fast as possible, to continue living a near homeless lifestyle. Not my cup of tea, but to each their own i guess.
You haven’t met my grandparents.
I think that’s safe to say. How did they do it, that is, what careers?
Police officer and stay-at-home mom/ bank teller.
analystdude: Codtrawler87: analystdude: hpracing007:You don’t get rich by saving money, you get rich by making money.
You haven’t met my grandparents.
I think that’s safe to say. How did they do it, that is, what careers?
Police officer and stay-at-home mom/ bank teller.
Ah, the good old days. Would be lucky to afford a home now.