When Would You Be Financially Happy?
This may sound like a silly question, but think about it for a sec.
I read through this board and the blogs, watch Oprah's Debt Diet, hear my friends complain about money and while no one I know is starving (and some are even making verrry good money) it never ends! Sometimes I think it becomes a habit to complain -or- if you don't complain, you seem rolling in it and no one feels sorry for you. When I stopped working (and didn't complain about money) friends invariably kept asking me how I was doing it. Didn't matter that I had no mortgage, no car loan, no cell phone, no new clothes, no debt, no vacation.....you get the picture. They couldn't get past their own lifestyles, I guess. Oh, and a couple had even declared BK.
So, at what point do you think you'd be financially happy?
This is what it would be for me:
No mortgage
Maintenance for a house that wouldn't break me (taxes, upkeep, etc.)
No car loan
Great health insurance
IRA's in the high 6 figures
Long Term health policy
A vacation twice a year would be nice
$2 million in the bank so that I could live off the interest (if I chose to)
Would would do it for you?
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