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by mancerayder 3635 days ago
The other one I like is, "You can always make money back, but time you can never get back." My dad said that, and he was poor for a period of time in his youth. He later was an entrepreneur (but not of the tech kind, and not of the rich kind, more the independent kind that had $0 and no job, and later a staff of around 20, in the span of a few years).

I cannot relate to the extreme savings world that isn't necessary. For example, I had a friend who made much more than me but quite enjoyed the 'optimization' or 'life hacks' mentality including reducing his electrical expenses throughout his house, living in a studio, being vegan and finding tricks to spending no money on stuff. He had a system where the farm would deliver (in NYC) organic produce based on what was available seasonally, for a subscription fee, making his food experience cheap. He would sign up to those free loans the banks would give, the ones where they'd send a check and you had no interest for 8 months, and he'd put it in a CD for exactly 8 months to pocket the interest and pay it back. etc. And he made a lot more money than me (and still does).

I can't live like that. On the other hand, I'm not the impulsive/blind spender that needs a wife/husband/'life hacks'/software to keep his spending under control. I'm also a privileged tech worker with a comfortable (but not braggable) income.

1 comments

Where can one find these free bank loans? Seems like a good opportunity.