The ratio between your income and your expenses is what will make you feel wealthy.
You can avoid going into debt, and you can get out of it if you’re there.
You can arrange your life so that you’re not spending every dime you get. You can take that surplus and invest it for the long term.
If you can’t pay cash you can’t afford it.
Outcomes are about small decisions made over large amounts of time.
You have to decide if status symbols and other people’s opinions matter to you more than freedom.
I couldn’t work out how adults could work for years—decades even—and then find their world crumbling around them when they went just a few months without a job.
Frugality breeds creativity—which can make for fun, intimate memories.
I was so needlessly stressed about retiring early that I was stopping myself from enjoying life along the way. I’ve come to realize that I should be optimizing for long-term happiness and not time to retirement.
What the market is doing at any given moment should have no influence on your investing.