Comments on: How Much Are You Paying to Work?

By: Zach

Zach — Sun, 22 Jul 2018 23:10:58 +0000

In reply to Liz @ Splurging on Freedom. It seems pretty common for most people to spend serious amounts on work without realizing it. Best of luck in your own financial journey, that frugality will pay off :)

By: Simple Money Man

Simple Money Man — Fri, 20 Jul 2018 16:20:09 +0000

I agree with everything here; nicely laid out. However, I’m skeptical about changing to a one-person income household. It may be hard to justify because there are so many variables to consider. The costs of working would have to be high for your partner to consider this. Also if their company has a retirement plan with a match, that could be an opportunity cost.

By: Liz @ Splurging on Freedom

Liz @ Splurging on Freedom — Fri, 20 Jul 2018 01:02:58 +0000

Hi Zach, I love this post and feel the same way.

I recently wrote a blog post (which I’ve linked), where I discussed how my colleagues consistently spend A TON of money during their lunch breaks. They’d take a bus ride down to the shopping district, eat an expensive set meal, get some shopping done, before taking another bus ride back to the office. The costs over long periods of time really stack up! I wouldn’t be surprised if they spent everything they made for the day.

They think I have no life because I bring my own lunch to work and I wear the same clothes all the time, but I’m choosing to put my blinders on and grind towards a decently-sized nest egg. 🙂

By: Mr. Robot

Mr. Robot — Thu, 19 Jul 2018 13:19:10 +0000

Interesting way of calculating the true cost. It scares me quite a bit how few people actually realise this…

Thanks!