Comment by _alternator_ | Hacker News Reader

Comment by _alternator_ | Hacker News Reader

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I think this is a false dichotomy. My wife and I worked through our 20s, but regularly took vacations. We flew to NYC from LA at least 2x per year from 25-30. We had season ski passes. We lived frugally but well.

I was in grad school, she was a consultant. Our income was solidly lower middle class for LA, and we still managed to save 25-40% of our income per year.

Now that I've got a kid and am in my 40s, I've taken a year off, and I don't think I'd be bored in "early retirement". I'd probably spend time with my daughter, do more camping, and work on intellectual side projects (I have more than I can count).

The trick has been: I don't try to keep up with other people, I follow my own passions. I know how to cook, and to make my own fun. I'm curious and I like find out answers on my own. I never took on credit card debt.

I'm lucky because I had support from my parents through early college. I got student loans and supported myself after sophomore year or so. (I'm strategically still paying the minimum on those loans fwiw.) otherwise I stayed out of debt until I got a mortgage in my late 30s.

So, it is possible to do both. But I have noticed that I have a better ability to control my desire for acquisition than most people, and a decent amount of frugality in most areas of my life.

Finally!

I've struggled with this... not personally, but watching other people going crazy with whatever money they get and then complaining about not resting enough, not traveling enough, not having fun enough.

They go ahead and ONLY take full 2 weeks vacations, never even trying spreading some of those days here and there, perhaps right next to a holiday to make it a long one, and then complain later that they are burned out...

Most people even with means complain about some of us doing this normally (we don't have to travel the world every weekend, come on), and you talk with them, and if they just stopped "wanting to live outside their means", they could actually accomplish it, even if little by little.

I commend you for living such a life, because even if none of our lives are perfect, some of us enjoy it as best we can. :)

OK if you were in grad school, ski passes, multiple flights to NYC per year, living in LA and saving 20-40% of your income, your wife must have been making a hell of a lot as a consultant.

How much do you think all this cost?

Ski passes for 2: $500 at mammoth. (Yes, the prices have definitely increased.) We'd sometimes drive up just for the day (leave 4am, back 9pm) to save on lodging. This was fairly doable in my 20s.

Flights to NYC: we'd book on cheap off-days, and I think round trip was usually about $400 for both of us. LA<->NYC is a very competitive route and deals can be amazing. I learned to use Priceline like a pro, so we typically stayed in manhattan for about $100/night or less(!) for fancy hotels that usually charge $300+. We often would stay in 2-3 different hotels to save on money.

So all-in for these activities was probably about $6k-7k per year. Grad stipends were $25k, which covered rent plus most of the vacation, and my wife had an entry-level job at a decent firm.

Didn't feel like a stretch in part because we were really flexible, but we were careful about how we spent our money.

No cable TV, for example. That shit steals your time and money (doubly so because the ads encourage you to spend more money).

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