Psychology of Spending

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59 Posts with this tag

How to Save

Ultimate extroverts’ guide to avoiding lifestyle creep

Calling all extroverts! Here are seven tips to help you avoid lifestyle creep, over-spending, and FOMO when your friends go all out on plans.
Nov 9·6 min read
How to Save

100+ minimalist gift ideas for being more frugal

Saving for your financial goals doesn't leave much room to budget for Christmas gifts. Here are 100+ ways to save money during the holidays.
Oct 31·7 min read
Privilege

Stop believing privilege is the key to early retirement

When it comes to early retirement, is it luck or good decision-making that ultimately enables the option to quit the rat race early?
Jun 13·9 min read
How to Think

Frugal living: Is life more difficult for those of us who are frugal?

Frugal living isn't about spending less money. Instead, it's about spending money on the right things to squeeze max value out of them.
May 27·4 min read
How to Retire

How much does income affect your post-retirement lifestyle stability?

One of the most spirited debates within the early retirement community revolves around the influence that a high level of savings (as well as income) has on a person's ability to retire early. I have argued in the past that although a high income can help, an aggressive savings schedule is a far better measure to determine a person's fitness for early retirement.
Apr 3·4 min read
Privilege

Is it unfair to have way more money than your neighbor?

I am a capitalist. I believe in a system where people are rewarded for their hard work proportionately to those who work less hard. As a result, I generally respect wealth - honest wealth. I assume that wealth has been earned rather than given until proven otherwise. Innocent until proven guilty. I believe a society NEEDS to function with both CEOs [https://thinksaveretire.com/what-business-role-do-you-fil
Oct 29, 2018·5 min read
In Retirement

Before assuming that you aren't rich, understand what "rich" means

When I was a kid, I naturally assumed that people who drove around in expensive cars are rich and wealthy. They all must lead super glitzy lives of wealth, live in nice homes and generally just lead whatever I thought was the "perfect life" at the time. Though many of those people are rich, I learned over the years that a high income and a relentless acquisition of expensive things don't, in reality, make anyone ric
Sep 18, 2018·6 min read
In Retirement

I don't believe in early retirement

I don't believe in early retirement because the term "early retirement" just doesn't tell the whole story. It never does.
Sep 13, 2018·5 min read
Blogging

I am that early retiree who travels the country

A couple weeks ago, I asked on Twitter about what it's like to write a book. How much time does it take? Does it completely take over your life? Does it actually pay off? I wanted some folks to drop some knowledge on me. Not many people know that I was offered a book deal a couple of years ago. I declined it at the time because I held a full-time job and had no interest in committing to something like that. I didn't really know how much time it would take to write a book, but I assumed it was a
May 11, 2018·3 min read
How to Think

The first world according to this middle-aged white guy

I'm firmly planted in the crux of the first world where all my needs are provided and I wake up each morning with a feeling of purpose. No apologies.
Apr 9, 2018·7 min read
In Retirement

8 not-so-extreme and non-ridiculous principles of early retirement

What if I told you that the principles of early retirement aren't all that "extreme"? If your goal is to retire early, you've probably already discovered this remarkable truth. 
Apr 4, 2018·9 min read
How to Think

I live my life at the intersection of humble and confident

My wife and I retired from full-time work in our 30s because we are both humble and confident. We acknowledge the help we were given along the way and took full advantage to make those advantages work.
Apr 2, 2018·7 min read