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comment by katakowsj
katakowsj  ·  1659 days ago  ·  link  ·    ·  parent  ·  post: What was the best financial advice that you have ever heard?

I remember my Dad saying:

"Live within your means. Not hand to mouth. Too stressful. Gives the control to others"

That, and I remember how cool it was when he mused on about what he'd do if he won a million bucks. "Well guys (to my brother and I), you realize that if you can just earn 5% a year investing that million bucks, that'll be $50,000 a year you'll have for yourselves." I realized much later, that's what retirement should feel like. I've got my pile of F.U. money. Now I do what I do because I like it.