as a rough rule

one-time investments is not where you should be saving the money.

those little things you spend on everyday is what empties your bank account all the time.

you're not gonna be rich by saving on daily expenses. i think you can spend on those.

the thing is that when you happen to have more, invest in something.

a trip to visit a good friend is also an investment. buying a new instrument to explore your musical abilities is also an investment. those last a long time, so they're an investment into your happiness. any wife who doesn't get this should shut up.

@thor Every rich person I have ever known has been frugal with small day to day expenses both before they got rich and after.

While you can of course be successful without the need for that, it is a mentality and approach that, more often than not, is necessary to see success.

@freemo correlation does not imply causation

this careful management simply implies greater self control in general

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@thor

I think particularly in this case we don't need to consider whether correlation implies causation when we have actual practical math with real numbers to consider.

We can consider the marginal cost of the better one time purchase and then the smaller recurring or daily costs, and even include things like interest compounding if we want to.

@freemo

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