@seattletechbro: "The money will come back" trend forgets about one thing: the opportunity cost of investing money while you're young and have time to compound. But having memorable experiences while you're young has it's own intangible value. So how do you make sure you both live a fulfilling life and set yourself up for success financially? I do 3 things: 1. Understand that I won't be young again, and some experiences CAN't wait. 2. Set myself up for the bare minimum financially: 10k in savings, and enough to pay for end-of-life care for myself. 3. Budget my travel so that I'm not overextending myself. #money #traveling
Aaroh
Region: US
Saturday 08 July 2023 00:23:56 GMT
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Aaroh :
Note: when I say “traveling on credit”, I’m not referring to credit cards. (I use them!) I meant that I wouldn’t book travel I couldn’t afford
2023-07-08 00:32:33
31
Julia Schwartz :
No trips on credit and no trips if emergency funds are below 5-10k are good rules for most people IMO
2023-07-10 18:17:55
19
arainbowloverlol :
Both but focus on traveling (within ur means ofc not debt) bc i believe that the universe will give me many sources of incomes when i grow old
2023-07-08 00:35:08
3
Phong :
everything in moderation and balance
2023-07-08 19:26:17
9
hawijo8658 :
pretty easy to say when you make $400k a year lol
2023-07-08 00:59:15
4
Daily Math :
Invest over half of your discretionary income automatically. Rest of the money you can play with
2023-07-08 04:54:34
4
skier5714 :
Who is putting vacations on credit?? That’s insane.
2023-07-10 02:55:51
0
Away On Vacation :
Travel hacking def helps :) and trips don’t have to be expensive. If in the US, there are plenty of places nearby that can be just as fulfilling
2023-07-08 04:57:49
1
Sftechbro :
I take trips when they’re paid by the company
2023-07-08 00:47:38
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Rajesh Patel :
How do you allocate money to fun vs save when you are able to free up your expenses?
2023-07-09 02:48:33
0
🫡 :
Literally not mutually exclusive
2023-07-10 20:02:37
0
vs :
how do you split your finances with your gf/wife?
2023-07-08 00:48:51
1
El Maestro :
Great advice 💯
2023-07-15 07:48:32
0
Bored Q :
What are your thoughts on Die With Zero?
2023-07-12 17:23:23
0
Joe :
Struggle with this
2023-07-10 20:46:45
0
Zidane :
50/50
2023-07-10 06:59:34
0
user19364493958573939458 :
Such a beast bro good work 🔥
2023-07-11 07:37:55
0
Away On Vacation :
Working fully remote has been amazing for me. I’m able to blend travel and work together. Hope other industries would adopt more WFH policies
2023-07-08 05:01:49
10
jordan.onthemoney :
You should literally always book your trip on credit.. have funds set aside to pay it off but that way you have full coverage of your trip +gets perks
2023-07-17 03:08:15
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