$400,000 is a lot of money. Just think about what you would do if you had that much! What would you get? What would you do? Would you invest it, spend it, use it for a nice house?
What if I told you that I received $400,000? More specifically $400,113.80! What did I do with it? I spent it traveling the world, moving, buying cars, TVs, computers, food, anything and everything. What do I have to show for it? A negative net worth and I’m still trying to get out debt.
The other day I got a letter from Social Security that had how much I have earned since I started working in 2002. Over the last 12 years, I have made $400,113.80. I wish I had more to show for it, but I am working on it now! I hope to have more to show for it in the future. It’s really interesting to see how much I’ve made especially when I think about how much I have to show for it. I wish I started getting serious about budgeting and saving a whole lot earlier.
That’s a very interesting way of looking at your ‘working life’ per se. I would definitely love to see mine ten or twelve years out!
Makes you really want to adopt some more frugal habits? Save more of it!