Every blogger gets to write an obligatory post on how they cut corners to get out of debt and accumulate wealth.
Here is how I do it.
I’ll start by saying any success I’ve had with saving money is 99% attributable to my wife. She is Chinese and grew up in Taiwan. She has no formal training in investments or finance. She has never read a personal finance book in her life. But she came from a family and, to a certain extent, a society that frowns on debt.
She freaked out when she realized I had $32,000 in student loans and several credit cards while in my last year of college.
The sad thing was, I didn’t really need the loans, I just wanted some extra money to live a little larger. I was on a full scholarship and had a job in the dorms that gave me free room and board (Yes, I was stupid). One of the many reasons I married her was her attitude towards money and her ability to keep me straight.