I am very lucky to have a chunk of disposable income every month. However, I want to invest and save most of it, because I recognize that disposable income can quickly disappear given the right circumstances.
My problem is a time old one, that I struggle with material desires, and how easy it is to treat it as play money.
Does anyone have any advice how to offset those impulses or otherwise make it easier in the moment to check myself?
Generally buy quality stuff that lasts. Stuff that really costs money that you need are housing and car. You square that away, max out your 401k and save as much as you can. That’s been my mo, basically everything in the s&p 500… Both retirement and post tax contributions.