Debt does require sacrifice. However, there are 2 things that you should never sacrifice: Relationships and Generosity.
Wealth = Purpose + Simplicity + Happiness + Value + Time.
I think it’s important to recognize that your financial situation should be a side effect of pursuing some greater purpose. Financial independence is not your aim; it’s merely a means to an end.
Financial freedom is much more than having money. It is the ability to make life decisions without worrying about financial constraints.
Financial independence is the point at which you have enough money in savings and investments to support yourself for the rest of your life. You can get there in your 60s. You can get there in your 30s. Age is irrelevant.
Saving money goals boil down to 3 main things.
i. Pick a goal to save up for
ii. Create a separate account to put that money in
iii. Start saving for that goal.
Being good with money does not mean you don’t spend it. And not spending it does not make you good with money..
Recognizing the state of your finances when making financial decisions by not allowing your emotions to get the better of you..