Hearted Youtube comments on Minority Mindset (@MinorityMindset) channel.
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LOL - 1 - two cars between my wife and me (well, mine is a truck). Both paid off (but they still require license plates, oils changes, I've changed a battery in the truck, tires every once in a while, but you know the drill.) Both paid off early, because we HATE non-performing debt.
2 - No interest in spending money on "music festivals", though as a former member of a local band, I enjoy the occasional night out with the wife to listen to music at a local bar - heck I know some of those guys! The better-three quarters even sometimes wants to go to a concert, but that is rare and we can afford it.
3 - Got me some of that sweet, sweet stock (but I let a manager actually handle what I own. Costs about 1%, but I am too ADHD to try to pay attention to tracking, and I think that is not an unreasonable fee. And they seem to make me more money in the investments than I made when it was all just blindly thrown into various 401k and IRA accounts.)
4 - House is paid for! (Well, we still set aside about $500/month to cover annual taxes and insurance.) Got a reasonable 12 month's in spendable savings. Still, I have three mortgages, but those are performing assets in the form of rental property. There is a much bigger note on an apartment complex, but I'm just a 5% member of an LLC. But that one turns a 9% return (though the investors agreed to only take out about 7.5% to build additional equity, so that we don't ever have to have a dreaded "cash call" if the capitalization proves too low - but so far, so good.)
5 - I retired at 59 1/2, and nope, don't do conspicuous consumption. But I am driving down to Austin later today to celebrate the 60th birthday of a college bud (who actually also retired early.)
If people would take your very good advice, they'd be much better off! Thumbs up.
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