Almost all of us trade our time for money. While we can go make more money, we cannot make more time. I suggest adopting the mindset that every dollar you waste is a fraction of your life being thrown away. This mindset is a powerful motivational tool towards coast retirement. If you can minimize your desires for material possessions that do not improve your happiness, you can win back your life and live it on your terms. Want a 5,000 SF house? Think about how you will only use 20% of it on a regular basis. What about the number of hours you will spend cleaning it? Did you think about how you will pay significantly more to maintain it? Want a luxury car? Think about the impact this will have on you and your closest family and friends. For a moment, the new car will feel great. But, over time it'll be like any other car, just getting you from point A to B. Your family, friends and neighbors will see your new car and most will desire one now too, potentially wreaking hav...
You are in the race of your life, for your life. Sprint towards fully funded retirement accounts so that you can coast towards financial independence.