Many find it hard to put aside for the inevitable future. All too many folks’ retirement plan seems to hinge on dying young! Unless you find that attractive, you need to start doing things your future self will thank you for! One of the easiest ways is to “Act Like Your Comp Hasn’t Changed” i.e. every time you get a raise or promotion, ask to have the new amount deposited automatically in your 401k or other savings/retirement account.

I did a more extreme example of this when I first graduated from UF. I’d been happy living the student life (more modest back then) so I didn’t upgrade my material life: didn’t buy a new car, chose to live in a blue collar neighborhood, didn’t buy expensive tech toys or go on fancy vacations. The money I saved help fund some of my first real estate investments.

Closing Quotes:

“I believe that thrift is essential to well-ordered living.” – John D. Rockefeller, 1839-1837

“Cannot people realize how large an income is thrift?” – Marcus Tullius Cicero, 106 BC – 43 BC

“Thrift is poetic because it is creative; waste is unpoetic because it is waste.” – G.K. Chesterton, What’s Wrong with the World

“Any fool can waste, any fool can muddle, but it takes something of a man to save, and the more he saves the more of a man does it make of him.” – Rudyard Kipling, 1865-1936

As always, I share what I most want and need to learn. – Nathan S. Collier