Conflicted
Confused about dryer sheets
- Joined
- Feb 10, 2009
- Messages
- 8
Hello friends, I am a long time reader of this forum but this is my first post. I am in serious need of advice and decided to finally post the question here. From reading some of the regulars here I feel I can get some grounded down to earth advice. I am looking to see if anyone has also experienced what I have and if they were able to come out on top from it. I can't seem to sleep much these days if at all.
About Me: (I will disclose specific figures to help illustrate)
30
Single
no kids
no debt
no car
no house
no bills except
-rents a room for 550/month (comes with water, heat, electricity, cable tv and internet)
-another 450 for food.
electric bike for transportation
earns 150k/year salary
extremely frugal
workaholic
no savings (explained below)
I enjoy the simple things in life and I do not care for fancy things. I want to retire early. I am not sure when that will be. I am thinking maybe at 500k to 1million and hopefully by 40. And I don't need to live in the USA. I have had thoughts about maybe even try day trading as a post retirement job.
My problem is I also have another side of me where I like to gamble. which is an understatement. It is something I only recently picked up and since then I have lost my savings over and over again (4 times). Just recently I took the biggest lost yet. Long hard savings of about 200k cash which brings my total losses close to 400k cash.
This has been a huge set back for me and I am trying to figure out how to cope with this. In the mean time I am continuing to work and I am fortunate to not have been laid off.
I guess the advice I am looking for is, should I quit cold turkey? ( I can't seem to do this because I am addicted to it or in love with it )
or find a happy medium? I guess my main question is has anyone have any experience with something like this where it is actually even possible to have a happy medium?
I find that after a year or two of saving up, I have some money I feel I can play with and end up making in 1 night what it takes me 6 months to save. This seems to trick me into thinking this may help me advance my retirement goals and additional security a large savings brings me. Things go well for about 6 months where I would win more than lose and then out of no where I lose control and lose everything, sometimes in 1 day or half a day. I am conflicted because I still believe if I can control those incidents, I can still accelerate my day to retire. Maybe being too frugal gets to me. I give myself no rewards along the way thinking all rewards will come when retirement comes. Or maybe subconsciously I just don't want to retire or get richer. I have considered lobotomy.
Thanks for reading, any feedback is appreciated.
-Conflicted
About Me: (I will disclose specific figures to help illustrate)
30
Single
no kids
no debt
no car
no house
no bills except
-rents a room for 550/month (comes with water, heat, electricity, cable tv and internet)
-another 450 for food.
electric bike for transportation
earns 150k/year salary
extremely frugal
workaholic
no savings (explained below)
I enjoy the simple things in life and I do not care for fancy things. I want to retire early. I am not sure when that will be. I am thinking maybe at 500k to 1million and hopefully by 40. And I don't need to live in the USA. I have had thoughts about maybe even try day trading as a post retirement job.
My problem is I also have another side of me where I like to gamble. which is an understatement. It is something I only recently picked up and since then I have lost my savings over and over again (4 times). Just recently I took the biggest lost yet. Long hard savings of about 200k cash which brings my total losses close to 400k cash.
This has been a huge set back for me and I am trying to figure out how to cope with this. In the mean time I am continuing to work and I am fortunate to not have been laid off.
I guess the advice I am looking for is, should I quit cold turkey? ( I can't seem to do this because I am addicted to it or in love with it )
or find a happy medium? I guess my main question is has anyone have any experience with something like this where it is actually even possible to have a happy medium?
I find that after a year or two of saving up, I have some money I feel I can play with and end up making in 1 night what it takes me 6 months to save. This seems to trick me into thinking this may help me advance my retirement goals and additional security a large savings brings me. Things go well for about 6 months where I would win more than lose and then out of no where I lose control and lose everything, sometimes in 1 day or half a day. I am conflicted because I still believe if I can control those incidents, I can still accelerate my day to retire. Maybe being too frugal gets to me. I give myself no rewards along the way thinking all rewards will come when retirement comes. Or maybe subconsciously I just don't want to retire or get richer. I have considered lobotomy.
Thanks for reading, any feedback is appreciated.
-Conflicted