Now, I certainly didn’t start off on a bad foot on my way to financial independence. I finished school and gained meaningful employment at 23 years old with about $5000 in the bank. This was thanks to generous investing in my education by my parents, and 40+ hour weeks for years during college. Additionally, I’ve been working since I was 13 years old in one capacity or another.
I’ve spent some money along the way: $60,000+ on travel, $15,000+ on some university that I dropped out of, 10s of thousands on partying and expensive food. All of these things taught me lessons and were a lot of fun, so I can’t feel too bad about it. Now I travel on better budgets, invest time teaching myself, party without over consuming, and cook amazing food myself.
You can enjoy life in so many ways without spending excessive amounts of money, which was a lesson I had to learn. I’m glad I figured it out when I did. Sure, if I had an extra $100,000 to invest I’d be miles ahead. In reality, I am already miles ahead of where I would have been had I not found this lifestyle. Many of the most important lessons in life are hard learned, so I consider myself lucky.
Forget about your past and focus on the future while making sure you take in everything along the way.