Evolving Personal Finance » Entries tagged with "living below our means"

A New Appreciation for Living Below Our Means

A New Appreciation for Living Below Our Means

Kyle and I are coming up on our first big financial transitions – something I’ve anticipated since the founding of this blog.  I always thought that our post-PhD lives would offer an opportunity for lifestyle inflation, but instead I’m grateful that we live sufficiently below our means to absorb an income cut.  This week, I have a new appreciation for our budgeting system and how clearly it delineates between wants and needs.  On top of … Read entire article »

Filed under: budgeting, career, savings, targeted savings, transitions