Hacker News new | ask | show | jobs
by benjaminwootton 1771 days ago
It actually applies at smaller levels too.

The moment I went from being in debt to having $100 in a savings account was the most transformative.

I honestly think it’s diminishing returns from there.

2 comments

It's diminishing returns right after you have fuck you money to live in reasonable luxury afterwards, e.g. you can travel as much as you want, order food in, buy latest tech widgets etc without having to ever work again.
People have the means to change their situation all the time and don't.

But a homeless person with $100 gets a room and dinner on a cold night.

For me it was realising that my total outgoings (after everything) are now 33% of what I earn every month and I have enough in savings to cover at least 2 years and every month I work adds two to that.

It’s not fuck you money in the I can retire sense but it’s more than I’ve ever earnt/saved before and very liberating.

Just got promoted so pay is going up again as well.