My struggles were through most of my youth. We have reached a place of relative prosperity. The first couple years were a mess of satisfying pent up wants. We have since run out of things to want and have been building up our savings. We're even buying the house we were renting.
Our jobs are government, so we are rather secure as far as employment goes (you have to pay taxes even after you're dead). Unfortunately, because of the dip in taxes, we likely won't be getting raises for a while, which is an extension of the past 4 years I haven't had a raise.
Through savings in crypto and dividend-paying stocks, I can give myself a raise. We are slowing our paydown of the past 4 years and focusing on piling as much money as possible into these income-generating opportunities. One is Hive. The others are CRO and a dividend paying ETF that pays $1/yr each share. It's very mechanical. I put x away, I get y back in income.
Our debts are pre-brrrrr by the Fed. So, the real value will diminish in time. Of course, we're still paying down, just not as aggressively. I think I have a good chance of out-earning my stupid choices. If it doesn't work, then I'll just cash out and pay off the debts. In any case, I'll be much better off from piling up money.
I think that, similarly, if you pile up as much as possible now, you may have sufficient to cash flow your way through the home improvement payments.
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I believe that this is an important factor in life - being able to increase, not just save. A couple years ago I needed a raise, so I took a second job :) Maybe it isn't everyone's idea of a good life, but it has allowed me to get into a house and clear a lot of debt. It takes work, but it is also far more satisfying than sitting doing nothing, suffering a continual lack of basics.
Better late than never - I am late to the game :)
I think you will be better off generating now and paying back later as the thing with the paying back, it will always be there wanting more. The opportunities to generate aggressively are rare.
Trying. :)
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