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Weekly Discussion: 17 July 2023
(lemmy.world)
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
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Mr. Money Moustache - a frugal lifestyle blog
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/c/PersonalFinance@lemmy.world
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Calculating if it's better to pay off the mortgage or invest it, if I win the $1mil prize of the Powerball, even though I don't have a ticket. I may buy one since the jackpot has surpassed my $1billion limit.
No use fantasizing about winning that, though since I'd just take the annuity and make more money than I could ever spend every year for 30 years.
Edit: I bought a ticket tonight and did not get a single number even close. Ah well, back to the grind tomorrow.
I’ll admit I bought a ticket. I know people say it’s a tax on the stupid but my stupidity correlates with the size of the jackpot.
The $2 I spend once a year or so when it reaches unfathomable numbers is worth it.