People vastly underestimate the "peace of mind" costs - once those are taken into effect it can suddenly make sense to do things that many consider "financially unwise", such as having a large emergency fund, paying off a mortgage, etc.
And once you do that you can find yourself suddenly feeling much more free - knowing that even if everything goes south room and board is taken care of can give you the courage to take risks you'd not otherwise take, such as starting a business, a family, even moving.
The main thing about "living paycheck to paycheck" that scares me is that feeling of being trapped.
And once you do that you can find yourself suddenly feeling much more free - knowing that even if everything goes south room and board is taken care of can give you the courage to take risks you'd not otherwise take, such as starting a business, a family, even moving.
The main thing about "living paycheck to paycheck" that scares me is that feeling of being trapped.