For the past 18 months, I’ve lived like no one else so that later, I can live like no one else! The wife and I lived on a budget and used a cash envelope system to make all our purchases. By doing so, I paid off over $90,000 in consumer debt in 9 months. Now I’m debt free except for my house and I’ll have that paid for in 3 years. In addition, I saved 6 months of expenses in one year. And I invest 15% of my income to ensure I’ll be a millionaire when I retire. Thank you Dave Ramsey!
How about you? Do you spend everything you make? Do you finance a new car or truck (or worse, lease it) every couple of years? Do you drive a $40,000+ inspection vehicle 150 miles a day to impress real estate agents (you are destroying it and your money). Do you spend more than you make (if you have debt, the answer is YES). Are you living like I did for the previous 14 years…not paying attention to your finances?
Pay attention guys! You work too hard and make too much money to be broke and in debt at the end of your life!