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How do you do that? Take a lot of time on the big decisions - who you marry, buying a house, and where you work. The biggest obstacles to the good life are complications from divorce, a house you can't sell or a job you hate. The 1st decision in your life is who you marry.
2. Learning what is most valuable. What brings happiness?
Most people don't learn this one until they are 65 years old. If you figure this out when you are 30, the good life is guaranteed.
Ok, this is it - the most valuable and enjoyable things in life are your health, time with family and friends, and a job that you enjoy. Buying expensive things brings less and less satisfaction. Buying an expensive car, vacation home, or latest large-screen TV will bring fleeting moments of happiness. Skip the expensive stuff when you are young, build your savings, and later in life you will have the financial freedom to spend time with your friends and family and a job you enjoy. Related point - keep your life and your possessions in balance. Here is how you do it...
Every time you acquire something new, take the time to give something away. Buy a new car, think about selling your old car (at a below market price) to a relative or neighbor that needs a good used car at a low price. Buy a new TV or computer; give your old one away for free through web sites like freecycle.
Buying a home.
One of your biggest decisions. Take a lot of time. Never rush.
Rent and save money until you can afford a nice, new construction home in a new and growing neighborhood. Sell this house in 5 years and buy a home in the best neighborhood you can afford and stay in this house for many years. Take a lot of time. Look at a lot of houses and when you narrow it down to one house, walk around the neighborhood on a Saturday morning before you make any decision.
Buying a car.
Buy a new Honda Accord or Toyota Camry, take care of it, and own it for 8 years. Then sell it and buy a new one. Never lease a car. If you need a second car, buy a new Honda Civic or Toyota Corolla and keep it for 10 years and then buy a new one.
Vacation home.
Never buy a vacation home, but spend money on nice vacations each year. Never buy a time-share of any kind (зд: таймшер – право использовать объект недвижимости в течение определённого срока, обычно в течение нескольких дней в году).
Related point - hobbies and sports - take an interest in the low-cost hobbies.
Examples:
| Low-Cost Hobbies / Sports - Tennis - Collecting old stereo equipment – Hiking - Biking | Expensive Hobbies / Sports - Golf – Skiing - Sports Cars - Latest Electronic Gadgets |
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