I read this the other day and found it fascinating. Six 30-Year-Old Women With Very Different Incomes on How They Spend and Save Copy this and answer it. Be honest with yourself. Take your time and share your experience. Do you keep a budget? Do you live above or below your means? Are you saving for retirement? What savings goals are you working toward? What is your biggest financial worry? How would you cope financially if your business failed? When was the last time a lack of money stopped you from doing something you wanted to do? What's one thing you'll always splurge on, no matter what? If you came into a sudden windfall, what would you do with the money? What did you buy your family for the holidays? From a financial standpoint, how do you feel when you think about the future? How much cash is in your wallet right now? Do you keep a budget? No. I have tried to make a budget since I was a kid. I tried and tried and tried. As I became a young adult. I stopped trying to budget because I didn't want to see the spend on sins. I didn't want to know how much I drank, drugged, and partied. I know that I spent a small fortune on doing it for close to two decades. I stopped much of hemorrhaging when I was in my late 20s early 30s but by then it was too late. I needed to make up time. Do you live above or below your means? Below. I have always lived below my means. I don't like credit. I don't like to owe money. I am pretty much debt free save for my personal home mortgage and now a car lease. I have purchased 2 cars and 1 house with cash. It's not impossible to do in this time period. I'm happy that I was able to achieve such a goal because it made me understand that I can achieve it if I tried. These weren't expensive cars or an expensive house. It just took discipline and finding the right deal to come along. But doing these things made me understand that nothing is impossible. For entertainment, we tend to do things that are free or close to free. We go to movies, theater usually free or low price. We dine out with coupons and half price sales. We travel with frequent flier miles to Europe. We have been able to learn how to stretch money even though we didn't need to. Now that we need to, we know how to do it without breaking a sweat. Full price is for suckers. No one pays retail. Okay, we try hard to not pay retail, even for groceries. We know that things go on sale, so we wait until they are on sale especially if they are dry or canned goods. Are you saving for retirement? I was. With my corporate job and the ability to put money into a 401(k) I was socking away as much as I could. Now I'm trying to figure out how I'm going to plan the new way to save money for retirement. I am trying to create more revenue streams from real estate holdings along with savings accounts. I'm planning on buying several real estate acquisitions in the next 5-10 years that will make it possible to hit my savings and income goals. What savings goals are you working toward? Retirement $1M. 50th Birthday European sports car dream drive in Germany. Brand new special order BMW delivered in Europe. What is your biggest financial worry? I don't make enough money. I can't pay my bills. I can't enjoy life. Skogafoss is more paralyzed by this than I am. I'm worried but I don't worry too much. How would you cope financially if your business failed? I have enough to weather some storms but right now I'm dipping into the cash savings to get the business on its feet. If it fails, I pick myself up and start over. I sell off more assets, I cash in more investments. I take penalties on retirement savings. This is the plan if things fail. I'm currently scared that it will fail. When was the last time a lack of money stopped you from doing something you wanted to do? Just a week ago. I made a milestone and wanted to celebrate with an ice cream splurge. Wife didn't want to spend the money. I ended up doing a dinner shop where I got paid to eat dinner at a decent restaurant. I decided to go all out and get the full combo, steak, ribs, and fried shrimp!!! A little celebration where I got paid and I got a special meal. What's one thing you'll always splurge on, no matter what? Food. I never skimp on it. Sure I'll skimp on some of it, but for the most part, I'll still splurge on food from time to time. If you came into a sudden windfall, what would you do with the money? I'd put it into savings just like I have always done. What did you buy your family for the holidays? We don't do holiday gift exchanges. Since @skogafoss was diagnosed with cancer over 5 years ago, I try to do something small to make a memory. This year I bought us wide mouth thermoses so that we can take hot food with us when we go house hunting. From a financial standpoint, how do you feel when you think about the future? I'm usually not worried about money. For now, I am because I'm learning a different way to earn money which I had never done before so it is a bit scary. The political climate worries me because I fear that future opportunity will be lost to me because doors or windows closing to me. How much cash is in your wallet right now? I think $22. I'm not sure. I rarely carry cash in my pocket these days. Mostly because I can charge something to my credit card and get points. I pay it off at the end of the month. I get mileage points and thus end up traveling for less cost and again saving money.