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Reply to "Is it possible to get rich solely through frugality, saving & investing?"
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[quote=Anonymous][quote=Anonymous]OP here. Should’ve posted in money & finances. Let’s say HHI doesn’t top $180k.[/quote] Don't mean to be useless, but assuming you're investing smartly - saving money, investing retirement and other savings in a balanced mix of index funds - then it's simply arithmetic: Your savings and future wealth is a function of your past income and past spending. Sure, you can saving millions by living on a fraction of your salary - which is possible, especially if you're childless. But why would you want to spend like you're poor when you're young and then spend like you're rich when you're old? It makes much more sense to spend like you're middle-class your whole life.[/quote]
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