Re: Gilberto de Piento's Journal
Posted: Thu Oct 01, 2015 11:29 am
Interesting that your savings rate is gradually climbing despite the peaks & valleys.
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I think setting a goal for spending (no more than $1500) and adding it up on a piece of paper as I go has really helped. I write down all the fixed costs on the first day of the month so that they are accounted for right away. It does feel like it's trending down.George the original one wrote:Interesting that your savings rate is gradually climbing despite the peaks & valleys.
I did see that thread. It only takes one bad apple to cause a lot of stress so it's best to surround yourself with positive people.Related to the Remen quote -- did you ever see this thread? You are the average of the five people you spend the most time with
Happy reading! I hope you find it helpful. When I first joined here I read all of C40 and m741's journals. You may want to try those too.Looking forward to settling down with a nice cup of coffee and reading it from beginning to end.
Thanks! 80 is in a vanguard target date 2055 fund, 20 is in a vanguard us stock index, and 20 is in checking. I'm considering a house or I'd buy more stocks.IlliniDave wrote:Seems like all your trends are good. The big change you should hopefully start to see is compounding of your savings (assuming you are getting some sort of return for it), which should start shaving years off.
Sounds good to me. Though it could be a bumpy ride you should be positioned for pretty respectable growth in the long run if history is any indicator. I keep a similar amount in cash/cash equivalents just because I'm old fashioned and like having a traditional rainy day fund, despite the "drag".Gilberto de Piento wrote:Thanks! 80 is in a vanguard target date 2055 fund, 20 is in a vanguard us stock index, and 20 is in checking. I'm considering a house or I'd buy more stocks.IlliniDave wrote:Seems like all your trends are good. The big change you should hopefully start to see is compounding of your savings (assuming you are getting some sort of return for it), which should start shaving years off.
the inertia is only bad if you like making changes because you set expectations on yourself from seeing others. If you have no issues waiting for 8 years to FI, it is no big deal really. In my case, i continued to work even though I was FI, and it's not like I feel like I am in a wonderland now that I am on a sabbatical. The gold standard for me is the level of engagement - be it work or outside.GDP wrote:The optimism has gone out of me lately. I think it's partially the gray winter weather but I'm also feeling trapped in the life I have. Recently I've been forced to accept the possibility that I'm getting old and inertia to stay on the easy path might be stronger than I am. I've never been good at making changes happen but there was a point there where I really thought I might do something different.