There may be a better metric, though: how many years of retirement it will cost you.
As an example, say you cut $50 off your cable bill.
We spend on lots of things.
We put about $6000 a year toward travel.
I buy organic milk and shelled pistachios.
Aren’t we hypocrites?
No, the reason is that we still think long term.
The shift in perspective doesn’t necessarily mean you’re able to never buy anything expensive.
But the translation into years of retirement can help put an emphasis on what really matters.
How Many Years Of Retirement Will That Cost?| Eyes on the Dollar viaRockstar Finance
Photo byDustin Moore.
