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[QUOTE="DemonDeac22, post: 5284836, member: 12410"]
“Pay yourself first” is the best advice I ever received from a friend who’s dad gave him this guidance.

Started at age 24, early in my working career, putting 6% of my income into a 401k and gradually inched it up over the years until I was saving the max every year and had my wife do the same thing.  This discipline made me learn to live within 94% of my salary initially and after a while I never thought about the spending dollars I was potentially missing.

Did the same thing once married before having kids as we wanted to save for our future kids’ college education so they would graduate with no debt.  Started putting money aside with every paycheck and learned to live off the rest that was available after setting aside the 401k and college funding. The college money was invested and grew over time and it allowed us to handle the college payments over 7 years while both kids went through college.

Saving takes discipline and sacrifice by living within your reduced means and this approach worked for us.
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