When we got married in 1994 someone gave us a book called How to Manage Your Money by Larry Burkett. This set us on a path of reading about personal finance and applying the concepts. As a result we have never had a car payment, or debt other than a mortgage, for the past 30 years. We paid off our mortgage many years ago in our 40s. Early in our marriage we carried cash in envelopes for various budget categories to keep us from overspending each month. When the envelopes were empty we quit spending. Our greatest financial achievement has been living well below our means and investing the rest for three decades.
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Thank you, Jonathan. I respect and admire you so much. You and HumbleDollar have taught and inspired me a lot over the past several years.
Post: What do you consider your greatest financial achievement?
Link to comment from June 23, 2024
When we got married in 1994 someone gave us a book called How to Manage Your Money by Larry Burkett. This set us on a path of reading about personal finance and applying the concepts. As a result we have never had a car payment, or debt other than a mortgage, for the past 30 years. We paid off our mortgage many years ago in our 40s. Early in our marriage we carried cash in envelopes for various budget categories to keep us from overspending each month. When the envelopes were empty we quit spending. Our greatest financial achievement has been living well below our means and investing the rest for three decades.
Post: What do you consider your greatest financial achievement?
Link to comment from June 23, 2024