I do the same (actually I live on more like 40% of my take-home), and I don't feel as if I've sacrificed anything.
The amount I live on has slowly gone up since I started working. It's just that when I get a raise or promotion or new job, I don't spend the new cash flow, I save it.
A couple years from now I'll probably be living on 30% of my take-home, but the amount I spend every month will probably have gone up slightly.
The question you should be asking is how much do you sacrifice by not saving?
I could get fired tomorrow and my bills would still all be paid for years. When I retire it's going to be in a big house with kids and grandkids that have their college paid for. I can retire at 45 if I really want to. Knowing all that is incredibly comforting and peaceful.
Just the feeling is worth it. I used to spend my entire paycheck on bills and put the next month's spending on a credit card. My net worth was negative. That way sucks. This way is better.
People probably thought I had more money before because of all the useless flashy crap I bought. Fuck those people, I'm doing way better than all of them now and I know it.
I used to drive a really nice car thinking it made me seem important or something. Now I know only idiots are fooled by that trick, and to everyone else the car just made me look broke and stupid.
The amount I live on has slowly gone up since I started working. It's just that when I get a raise or promotion or new job, I don't spend the new cash flow, I save it.
A couple years from now I'll probably be living on 30% of my take-home, but the amount I spend every month will probably have gone up slightly.
The question you should be asking is how much do you sacrifice by not saving?
I could get fired tomorrow and my bills would still all be paid for years. When I retire it's going to be in a big house with kids and grandkids that have their college paid for. I can retire at 45 if I really want to. Knowing all that is incredibly comforting and peaceful.
Just the feeling is worth it. I used to spend my entire paycheck on bills and put the next month's spending on a credit card. My net worth was negative. That way sucks. This way is better.
People probably thought I had more money before because of all the useless flashy crap I bought. Fuck those people, I'm doing way better than all of them now and I know it.
I used to drive a really nice car thinking it made me seem important or something. Now I know only idiots are fooled by that trick, and to everyone else the car just made me look broke and stupid.