I’ve always been a saver. The reason being is that everything is more expensive than you think. If you buy a $5 latte from Starbucks, and you are in the 33% federal + 10% state tax brackets, you have to earn almost $10 just to have enough money to buy the $5 latte.
Most people have a narrow view of their spending, and don’t have a long-term view. If you comb through your expenses, you can save thousands of dollars a year that can be invested to make many more thousands.
Do you buy lunch every day?