I came across this interesting person's site: www.scotthyoung.com And I kind of like one of the points he raised, in his take on the three aspects to financial freedom. Let me just brutally copy and paste his writing here: A Low Poverty Threshold The poverty threshold is a term I use to describe the minimum amount of money you need to enjoy a comfortable life. Some people require $70,000 per year for comfort. Other people need less than $10,000. A low poverty threshold means you could be perfectly content with a bare minimum of material conveniences. If all your savings were stripped from you, and your income was reduced by 80%, could you still enjoy yourself? Or would you be miserable having to adjust to a lower level of income. Your poverty threshold is psychological. It’s not about actually having to survive poverty. Having a low threshold simply means you’d be willing to sacrifice more to make bigger changes. For example, iimagine your poverty threshold was roughly $50,000 per ...
Yet God has made everything beautiful for its own time. He has planted eternity in the human heart, but even so, people cannot see the whole scope of God’s work from beginning to end. (Ecclesiastes 3:11)