I still spend quite a bit of extra money on video games and board games and a few other luxuries that I could and probably should cut back on. But I don't eat out (we cook in every night) and I live a mile away from my work.
My ultimate goal is financial independence. I want to be able to live off the 4% returns of my investments and not have to work (although I probably would do something, but more for myself than a company).
I'm 28. I have a net worth over $130k and a $25k emergency fund. I make over $70k (web dev) in a low cost of living area. I am maxing out my 401k and Roth IRA every year and will be opening a taxable account this year to dump more money into. I'm a renter (2BR for $515/month not including utilities), but I am fully supporting my fiancée who is finishing her masters of accounting degree.
I still spend quite a bit of extra money on video games and board games and a few other luxuries that I could and probably should cut back on. But I don't eat out (we cook in every night) and I live a mile away from my work.
My ultimate goal is financial independence. I want to be able to live off the 4% returns of my investments and not have to work (although I probably would do something, but more for myself than a company).
See: https://www.reddit.com/r/financialindependence and http://www.mrmoneymustache.com/