I believe financially smart folks are able to flex up and down with their spend. They do not anchor and suddenly think spend has to go up all the time. Perhaps it’s financial or personal finance maturity?
I think it’s a beautiful thing where spend can be low, then high and then back lower. Purely cos life circumstances have driven the spend, yet it is always ‘within the means’.
I don’t know what to call this, but it’s just financially astute.
Now, I see examples around me which are nowhere close to ‘within means’, so remember we really are a special breed imo.
I could go back to riding a bike as my transportation and eating rice n beans (with domestic beer![🍺]()
) and still be as happy as I was today.
I think experienced Bogleheads just ‘know’ when to flex spending higher for some benefit and flex spending lower when tougher times may demand.
I think it’s a beautiful thing where spend can be low, then high and then back lower. Purely cos life circumstances have driven the spend, yet it is always ‘within the means’.
I don’t know what to call this, but it’s just financially astute.
Now, I see examples around me which are nowhere close to ‘within means’, so remember we really are a special breed imo.
I could go back to riding a bike as my transportation and eating rice n beans (with domestic beer
) and still be as happy as I was today. I think experienced Bogleheads just ‘know’ when to flex spending higher for some benefit and flex spending lower when tougher times may demand.
Statistics: Posted by Wannaretireearly — Sun Sep 08, 2024 1:45 am — Replies 187 — Views 26729