Quote Originally Posted by Master View Post
No debt, no mortgage and no pension.
I have no debt, no mortgage, but kind of have an eye on what I need for retirement. No state is going to be bailing me out and I have been aware of that for a long time now.

I save a minimum of half my income and usually more and I put that towards various things. My job provides my accomodation and I will inherit a plot of land when I am old, so I don't care about the pitfalls of a mortgage really.

I live frugally with no children and only enough luxuries to fill the time that I have available. I spend on nothing frivolous. When I decided to re educate myself it was because I had saved the money, no silly loans for me. And a sensible education in the field that I work today.

If I plan a trip overseas it is because it is planned with money that is already earnt. More people should live in this manner as it is sensible.