dgalbraith100
Recycles dryer sheets
- Joined
- Feb 1, 2006
- Messages
- 86
I went back to work in the middle of the crisis... not because I needed to (wife is still working a very stable job), but because an interesting opportunity found me.
Since our cash flow almost doubled, I bought a new car, finished a solar hot water project 1-2 years sooner, started eating out alot more, doing alot of house upgrades, and in general being completely opposite of what most people did. Basically I am trying to do my part of spending our way out of this downturn ) (We are saving 30% of my income and 10% of my wifes, so I didn't completly stop saving )
My thinking is, I have the cash flow right now, prices on cars, construction are very good... I might as well buy the things I would normally have waited a few more years to buy. I feel like I can spend a bit more when "times are rough" since when "times were good" I was saving like crazy. (we have savings of 12 times our expenses at 37, so I think we are plenty on track in the savings department. I expect FI to be 7-10 years out at my current pace if things don't take another huge crash.
Laters,
-d.
Since our cash flow almost doubled, I bought a new car, finished a solar hot water project 1-2 years sooner, started eating out alot more, doing alot of house upgrades, and in general being completely opposite of what most people did. Basically I am trying to do my part of spending our way out of this downturn ) (We are saving 30% of my income and 10% of my wifes, so I didn't completly stop saving )
My thinking is, I have the cash flow right now, prices on cars, construction are very good... I might as well buy the things I would normally have waited a few more years to buy. I feel like I can spend a bit more when "times are rough" since when "times were good" I was saving like crazy. (we have savings of 12 times our expenses at 37, so I think we are plenty on track in the savings department. I expect FI to be 7-10 years out at my current pace if things don't take another huge crash.
Laters,
-d.