QUOTE(CommodoreAmiga @ May 20 2023, 09:15 AM)
Good luck to you bro, just count all your expenses for whole family and combine all income source.
I was also scared when I did it to be honest, also will be good to do this before you jump the gun, calculate actual expenses and income for every month for say 6 months. This will helps to gi e you confidence.
Even today, I made a habit to capture most my expenses via a phone app. Just shot the receipt and it will capture all the info. End of the month, export the data to Excel files and do your maths.
thanks. im just worried i save up too much
my field is where the older i become, the more money i make, so ill mostly stay working. but won't strive so hard.
QUOTE(Ramjade @ May 20 2023, 09:24 AM)
Debt free will give ultimate peace of mind as there's no one chasing you for money.
If you invest correctly, actually your investment can pay for your insurance (that's what I am planning to do). It will be my dividends who pay for my insurance and my capital won't even be touched.
Yup, I would also recommend people nearing 50 to clear off your debt asap, and not have more debts.
having debts in old age is no fun.