The Motley Fool Discussion Boards
Retirement Discussions / FIRE Wannabees
|Subject: FI might not mean wealthy||Date: 4/2/2005 4:21 PM|
|Author: foolkath||Number: 3158 of 5087|
Financial Independence does not always mean that you are extremely wealthy.
Now that I do not work all crazy hrs, I get to go out with friends more. I have noticed that they have things I do not have. I notice they spend money on things I do not.
I never really noticed before. I was just working hard and saving. Ok, I did notice that I brought lunch instead of having delivery.
And I did not go to 100.00 concerts. I did not eat out on a regular basis. But I did travel. I thought I had a great house and nice clothes.
But now I see what my frieds spend on clothing. Now I see how they are always buying "better" for their houses. And their cars: My one friend leases 2 hondas 2004's. My other has a new lexes. My other friend has a Bmw convertable. Their refrigerators have those fancy icemakers on the outside. What beautiful rugs they have. I must admit. Sometimes I wonder if they thing I am living in poverty. Before I observed them, I felt rich. I have two cars: One is a 1995 with 155,000 miles, another is a 1996 with 170,000 miles. But my savings is allowing me to buy a car every 10 yrs without taking a car loan.
I guess if I wanted all those other things I would not be financially independant. Actually, for my friends, my net worth would not mean FI for them.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|