Get The Big Things Right
Personal finance blogs are notorious for extrapolating small expenditures and telling you how much you’ve squandered away. If you spend $5 on latte’s every day then you’ve given up $25,000 in 10 years (assuming you’ve invested it at 6%).
They do this in part because there’s only so many ways we can say you need to save money. But, the reality is you only need to get a few things right to make it.
Housing. Car. Job. Done.
The amount a bank offers to lend you for a house is too much. This number isn’t based on what will make you happiest, it’s based on a statistical analysis of what you’ll be able to repay. So do yourself a favor and aim to borrow less.
If you're renting, aim to pay less than 25% of your gross income.
Don't buy a luxury car. Pay with cash. The best car if you want to retire early is used. The best car if you want to retire very early... is a bike.