Submitted by aspiringsomebody t3_yhi8ks in personalfinance
Linusthewise t1_iuesl1h wrote
I am a hyper saver. I save about a third of my income and cut out other things.
Because I'm saving so much, I allow myself to splurge on a couple areas of my life. That allows me to get comfortable but still being restrained.
soldiernerd t1_iuev1ik wrote
“Hyper saver”
“Save a third of income”
I mean that sounds like you’re just being prudent…doesn’t sound hyper to me
Linusthewise t1_iuevhgt wrote
My financial group says over 30% is. I'm not sure it is an industry term or amount. Saving 30k while making around 75k is pretty intense in my mind.
soldiernerd t1_iuevuk3 wrote
Well first off, 30/75 is 40% not one third which is definitely a little higher.
Second off, no criticism from me! That’s a great mark in my opinion. See if you can draft a list of ways to invest your cash in your own growth etc. you’ve got great instincts.
Linusthewise t1_iueyrn9 wrote
Going to school for a phd and improving my home. That's my current self improvement.
soldiernerd t1_iueyubd wrote
Dude I’d say you’re killing it!
Linusthewise t1_iuf36cq wrote
Thank you.
Onward and upward!
Viewing a single comment thread. View all comments