Michael Torrie wrote:
Ignoring the fact that spending less of this kind of frivolous endeavor
is offset by the increase in fuel prices, this little observation is
what Marriot School professors call "million dollar decisions(tm)."
Essentially every dollar you spend has used up almost 1.5 dollars of
your wage.  Thus 80/mo eating out is actually more like 120 dollars a
month, due to taxes.  So finding areas in your life where you can trim
the fat, and supposing you can save the money rather than spending it on
gas, you can put this before tax money into a retirement savings plan
and add a million dollars to you final balance

Yes indeed. Spending less is like giving yourself a tax free raise!

--Dave

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