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- Apr 27, 2014
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Thanks to this post:
here: https://www.thefastlaneforum.com/co...-some-money-what-do-i-do-threads.52906/page-2
I'm gonna start this thread.
As I'm not quite sure, how I will start a fastlane business, I want at least safe as much money as possible.
And beause of GrumpyCat's post, I will think really hard, if I wanna buy something. It's not, that I'm not gonna buy anything, but think twice, if I eat out or buy some random stuff.
I will post regular updates of my progress and I encourage others to do the same.
Additional to that, I will put at least 75% of money earned, except my regular income, into this account.
But then, I have a problem what to do with the money. I could put it under my pillow, but I would like to earn some interest, but I have absolutely no clue about investing.
With my first saved money, I'm gonna buy "The Intelligent Investor" from Benjamin Graham to start learn investing.
I would like to hear some feedback or other people entering this process.
Saved money (17/01/15): € 30 (+€ 17)
I'm going to say it again, this thread got to me at the right time.
Returned a bunch of crap I had just bought that I didn't need (distractions).
All told, I've saved about $1,000 just by reading this thread. Have another bit to go.
I took that money and added it to one of my passive income streams (100% passive in this case, I don't have to do anything).
That $1k addition is going to net me a grand total of 0.11c per day, 365 days per year. It's a small fraction of the sum of the income stream, but I view it as symbolic more than anything.
Would I rather work 'x' amount of hours to afford 'y' amount of crap, or would I rather have my money work for me so that I don't have to work for my crap. I prefer the latter obviously.
View attachment 7653
here: https://www.thefastlaneforum.com/co...-some-money-what-do-i-do-threads.52906/page-2
I'm gonna start this thread.
As I'm not quite sure, how I will start a fastlane business, I want at least safe as much money as possible.
And beause of GrumpyCat's post, I will think really hard, if I wanna buy something. It's not, that I'm not gonna buy anything, but think twice, if I eat out or buy some random stuff.
I will post regular updates of my progress and I encourage others to do the same.
Additional to that, I will put at least 75% of money earned, except my regular income, into this account.
But then, I have a problem what to do with the money. I could put it under my pillow, but I would like to earn some interest, but I have absolutely no clue about investing.
With my first saved money, I'm gonna buy "The Intelligent Investor" from Benjamin Graham to start learn investing.
I would like to hear some feedback or other people entering this process.
Saved money (17/01/15): € 30 (+€ 17)
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