Those two steps are the core tenants of our global economy. You need money to live, its just the questions of how much you need, how you can get it, and how well you can save it.
If you want to reductively boil down my five paragraph essay into a slightly smaller tldr the core message is more accurately like
Have any amount of money from work, passive income, social security, pension, plasma donation, or other legit means. Be smart with your finances and start budgeting what little money starts coming in. Try to learn how to grow money through passive income have it work for you so you don’t have to work for every scrap of money.
Find ways to reduce the amount of money you spend each month in every way you can. Pinch EVERY penny, cut out every luxury and convinence, reduce resources consumed. The biggest expense most people have is rent which easily eats over 1k per month or 12k a year. If you have a car consider moving into it for a few months while still working and save up a couple thousand for a nicer car or cheap plot of land or to take a long sabbatical.
Some people make buckets of money with six digit salaries and are still broke by the time the end of the month comes because they live in high COL area or have poor financial sense like buying a new car every year as status symbol or collecting figurines or having a shoppaholic spouse. They spend just as much as they make thus living right at or slightly above their means.
Some people make barely anything at all from meager social security and still find ways to save up a few hundred a month just by budgeting and reducing expenses, and of course living without a landlord. Thus living well below their already meager means.
I mean some of your advice is sound but honestly a lot of it reads like “step 1: have money, step 2: don’t have no money”
Those two steps are the core tenants of our global economy. You need money to live, its just the questions of how much you need, how you can get it, and how well you can save it.
If you want to reductively boil down my five paragraph essay into a slightly smaller tldr the core message is more accurately like
Have any amount of money from work, passive income, social security, pension, plasma donation, or other legit means. Be smart with your finances and start budgeting what little money starts coming in. Try to learn how to grow money through passive income have it work for you so you don’t have to work for every scrap of money.
Find ways to reduce the amount of money you spend each month in every way you can. Pinch EVERY penny, cut out every luxury and convinence, reduce resources consumed. The biggest expense most people have is rent which easily eats over 1k per month or 12k a year. If you have a car consider moving into it for a few months while still working and save up a couple thousand for a nicer car or cheap plot of land or to take a long sabbatical.
Some people make buckets of money with six digit salaries and are still broke by the time the end of the month comes because they live in high COL area or have poor financial sense like buying a new car every year as status symbol or collecting figurines or having a shoppaholic spouse. They spend just as much as they make thus living right at or slightly above their means.
Some people make barely anything at all from meager social security and still find ways to save up a few hundred a month just by budgeting and reducing expenses, and of course living without a landlord. Thus living well below their already meager means.