Living Stingy During a Hard Life Event

If you’ve managed to get through college, medical school, residency, and perhaps fellowship, you ought to know very well what it’s like to live without a lot of money.

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If you’re smart, you’ll take the lessons you learned during those years to heart and use them to benefit your finances forever.

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Living Stingy During a Hard Life Event

This one is obvious. If you save the money you were going to spend, you have more money. Even better, if you invest that money, it is going to grow.

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The beauty here is that saving and investing that money somewhat early in your life means that you can really take advantage of compounding to let that money grow big.

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Well, if you save money as your life depends on it, then you’ll learn to be an amazing saver.

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Saving is more of a habit to get into than anything else. So, by saving way too aggressively, you can put that habit in overdrive.

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This is where the real magic happens and what ties this all together. If you save to a painful level, you will experience some pain.

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Oh, you will hate doing some of the frugal things you get up to. You will seethe when that topic comes up.

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I really recommend going to a painful amount of savings. It’s hard to convince yourself to do it.

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Living Stingy During a Hard Life Event

If you’ve managed to get through college, medical school, residency, and perhaps fellowship, you ought to know very well what it’s like to live without a lot of money.

If you’re smart, you’ll take the lessons you learned during those years to heart and use them to benefit your finances forever.

Living Stingy During a Hard Life Event

This one is obvious. If you save the money you were going to spend, you have more money. Even better, if you invest that money, it is going to grow.

You Have More Money

The beauty here is that saving and investing that money somewhat early in your life means that you can really take advantage of compounding to let that money grow big.

You Have More Money

Well, if you save money as your life depends on it, then you’ll learn to be an amazing saver.

You Learn How to Save

Saving is more of a habit to get into than anything else. So, by saving way too aggressively, you can put that habit in overdrive.

You Learn How to Save

This is where the real magic happens and what ties this all together. If you save to a painful level, you will experience some pain.

You Learn What You Hate

Oh, you will hate doing some of the frugal things you get up to. You will seethe when that topic comes up.

You Learn What You Hate

I really recommend going to a painful amount of savings. It’s hard to convince yourself to do it.

Why Was a Disruptive Event Important?

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