Key points I think about some times.
1. Watching my parents put money in envelopes on pay day.
2. A conversation around a machinist tool box at break one evening in the 70's about high interest rates, Jimmy Carter, and inflation. The jist of it, "Pay OFF EVERYTHING. Save your money, you can get 10% interest. Get ten years of what it actually takes to pay your bills and you never have to come in here ever again."
3. Sure you make a hundred grand a year and barely buy gas to get to work, dummy. You don't REALLY need to replace a hundred a year. HALF of that or MORE you give away to some form of government every year. You are already down to 50. Get rid of that house payment, car loans and you aren't driving 100 miles a day to work and suddenly you only need about $25000 to eat, live, fish, hunt all day every day all year long.
4. *****"So you CAN'T save anything, eh?" Did you eat every day this week? Feed your family? Pay your bills? So next time we get a COLA raise, to to the credit union and have them take that much out of your check and save it. You never had it, you'll never miss it.******* The principle of this strategy was key the rest of my life.
Seems like all of a sudden, I had some real money to really invest and like magic I looked a 401k statement and realized, I REALLY COULD LIVE A NORMAL LIFE JUST LIKE I AM RIGHT NOW WORKING OFF JUST THIS I'VE SAVED.... THAT WAS THE LIGHTS ON, SIREN BLARING, DAY LIFE CHANGED.