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Posting this message from a friend for input from the FIRE crowd:
I've noticed that typically there's an easy way to tell whether or not somebody has the attitude to be wealthy -- how do they plan for purchases?
For example, my ex used to make enough money that she could save when she wanted to, but never felt "above water." Not quite paycheck to paycheck. Anyway, I noticed she never bought in bulk. It was always what she needed then, and rarely ever more.
Meanwhile, I've noticed that when I go to the store if there's a good sale on something I use regularly (say peanut butter, which lasts forever), I'll stock up and buy several at half-price.
It seems that people with wealthier intentions tend to buy more like that last example -- long term even if they don't need it immediately. It's the same principle behind buying winter clothes at the beginning of summer and vice-versa.
Agree / disagree?
What kind of purchase planning do you do?
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"Those who think it cannot be done, need to stay out of the way of those of us doing it."
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