That's the right mindset turpsy. It's better to drive the same old car as long as it works and focus on getting assets. A lot of people can't do it though as it requires sacrifice and at times being different from normal.
In order to save faster I had to downsize though I didn't find it exciting, my plan worked.
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Thank you for the comment @leggy23. Yeah. It takes such discipline to get something profitable at the long run, in this present age we are.
I perfectly understand that feeling.
I agree. Assets can be a lifesaver is something goes awry in your financial life. Also, I'm afraid the labor market is headed for utter mayhem thanks to artificial intelligence, automation and accelerating change brought about by those and other factors such as stiffer international competition. What this means is that to keep up people will have to update their skills at a more rapid pace in the future. There are limits to how much the average person's cognitive abilities will be sufficient for or mental health can withstand.
You made a point there that made me to think. Do you know in my country for example, having a bachelors degree is like going to primary school?. Because every one has it. So for people to be competitive, they have to go for a masters programme. And I can say having a masters degree is now as common as air. So the all thing boils down to what addition skill can one add or display. And nowadays youths are adviced to take up some skills that are helpful.