I spoke to my wife about how my saver's mindset naturally kicked in after purchasing our new house in October 2023. Our liquidity was tight, and we were literally living paycheck to paycheck for six months. This is when my frugal gene kicked in and made me lock down expenses.

This experience taught me that experiencing financial difficulty often triggers a saver's mindset. The key is to maintain this saver's mindset at all times, not just when you're in a crunch.

Articles Referenced:

Embrace Living Paycheck To Paycheck For A Better Life

Why Earning Less Passive Income Has Changed My Life For The Better

Three Sneaky Expenses That Are Ruining Your Budget

Recommendations

Real estate is my favorite asset class for most people to build long-term wealth. It's important to invest your savings to try and beat inflation.

If you'd like to invest in real estate without a mortgage, check out Fundrise, my favorite private real estate platform. The investment minimum is only $10 to help you diversify and earn more passive income. 

Financial Samurai is a six-figure investor in Fundrise funds and Fundrise is an investor in Financial Samurai. 

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