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How would you summarize your financial philosophy in one sentence?

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AUTHOR: Jonathan Clements on 3/30/2023
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Don Southworth
5 months ago

Spend 80%, save 10% and give 10% away. If someone does this from the day they start working they’ll be okay. I didn’t start until I was 30ish and sometimes we saved more or less but we never stopped giving away 10% and I think that’s one of the reasons things have worked out pretty well.

Jackie
5 months ago

Save, save, save.

Laurianne Falcone
5 months ago

Stay focused on my goals and don’t pay attention to what others have (or seem to have).

dc
5 months ago

keep it simple and stay the course

JAY SCATTERGOOD
5 months ago

live within your means enjoy the trip everyday and invest a little a long the way so you can enjoy the end without regrets

Ken Begley
6 months ago

Be happy with the little things in life.

Paul Brosnahan
9 months ago

My wonderful wife has taught me to “Be grateful for what you have, be happy for those who have more and helpful to those who have less.” I’ve clearly out married myself.

haliday11
1 year ago

I’m a spend til the end kind of gal. .

Dan Smith
1 year ago

Plan for the future, but have some fun along the way in case you don’t make it that far.

James Morgan
1 year ago

Save aggressively; invest consistently in index funds (primarily); secure retirement income with annuities; enjoy spending on experiences for my family and myself.

Ben Rodriguez
1 year ago

Max out retirement accounts, ideally in index funds.

Captain FI
1 year ago

My financial philosophy can be summarised as “Find your lifes passion and embrace hard work, spend less than you earn,consistently invest into a diversified portfolio and give back where you can”

Boomerst3
1 year ago

Spend less than you have, buy generic when possible, and invest the rest in index ETFs

Kurt Yokum
1 year ago

Lower maintenance is more desirable than better performance via higher complexity.

Newsboy
1 year ago

Protect, save, invest, leave a legacy with the rest.

John Wood
1 year ago

Financial security first, then wealth building.

Seigo Tsujimoto
1 year ago

Patience and simplicity are virtues.

Patrick Collins
1 year ago

Never spend more than you earn and never end a year with any debt.

Sanjib Saha
1 year ago

Spend as little time or money as possible on things that are less meaningful, so that I can get more of the things I really care about.

Mike Drak
1 year ago

Live within my means and spend money on experiences not things.

Kristine Hayes
1 year ago

Avoid debt, life simply and start saving in your twenties.

Rick Connor
1 year ago

Work hard, live within your means, save and invest, invest in your human capital, and take care of your family.

Edmund Marsh
1 year ago

Live well within your means to gain peace of mind and extra money for emergencies and investment.

John Goodell
1 year ago

Ignore cnbc and just keep buying index funds.

mjflack
1 year ago

Low cost, low dividend, low tax, low effort, low stress, average returns.

Marjorie Kondrack
1 year ago

“Be fearful when others are greedy and greedy when others are fearful”

R Quinn
1 year ago

Save and invest, never stop, stick with the basics and don’t invest in anything you don’t fully understand.

steve abramowitz
1 year ago

Tread softly, but if you’re sure act decisively.

James McGlynn CFA RICP®

Save for your own retirement because no one else cares as much as you do.

Andrew Forsythe
1 year ago

Live below your means, save and invest the difference, and let compounding do its magic.

Mike Zaccardi
1 year ago

Always saving and investing for a rainy day.

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