• Churbleyimyam@lemm.ee
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    7 days ago

    Buy a bicycle that makes you want to ride it. If you get to the point where you no longer want to ride it, trade it in for another one that you do.

    I can’t overstate how important it is take care of your mental and physical health. In fact, I would say that this is far more important than buying a house. Your mind and body are your primary home.

      • Zagorath@aussie.zone
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        7 days ago

        No suggestions because I’m not your doctor and have no idea what would or would not be a potential risk. Just wanna say that damn, that sucks. I really feel for you.

      • Churbleyimyam@lemm.ee
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        7 days ago

        You should definitely ask a qualified expert. I would think swimming might be a good option though. As well as being good exercise it can also be really pleasant and relaxing to just float and play in the water.

      • bluGill@fedia.io
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        7 days ago

        Always follow yourdoctors advice. There is a lot of snake oil out there that sounds good but will kill you.

      • Moobythegoldensock@lemm.ee
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        7 days ago

        It’s time for this silliness to come to an end. You must ride a bike. We all must. It’s not a weird fringe form of transportation that only people in Portland and Colorado do. It’s just simply the way we all get around for moderate intra-city distances.

        Ah yes, because we all live in areas where everything we need to access is a moderate intra-city distance away.

            • Zagorath@aussie.zone
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              6 days ago

              You’re literally responding in the context of someone who wouldn’t ride (heck, or even walk) 800 metres to work. Driving that short a distance is inconceivable to me. And it should be to any sane person.

            • grue@lemmy.world
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              6 days ago

              Sounds like a personal problem. Maybe you should move somewhere that doesn’t suck and isn’t actively killing you by forcing you into a financially ruinous and unhealthy lifestyle.

        • NebLem@lemmy.world
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          6 days ago

          A better critique would be lack of ability or safe routes, since many workarounds are needed to allow kids and those physically less able to get around by two wheels.

          The vast majority of adults travel within 10km of their homes for most errands, which is definitely possible to hit with an analog bike. Ebikes can enable making double that distance easy.

          That being said, even in actually rural areas where you are biking on a narrow shoulder with 50kph+ traffic next to you 20km each way in 0°C temps, many that don’t have other options still bike, so really it’s a preference for comfort/safety not lack of ability stopping most.

      • esa@discuss.tchncs.de
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        6 days ago

        Or at the very least avoid car ownership and overuse:

        When you use a 3500-pound car to transport your 150-pound self around, 96 percent of the weight of that clump of matter is the car. You’re moving 25 times more junk around than you need to, and thus using 25 times more energy to do it.

        Imagine that you’re hungry for lunch, so you go to a restaurant. But you don’t just order yourself a blackened salmon salad for $15.00. You order twenty five salads for $375.00! Then, you eat one of them, and leave the other 24 blackened salmon salads, $360.00 worth of food, to get collected by the waiter and slopped unceremoniously into a big black garbage bag. All that fine wild-caught Alaskan Salmon, lovingly seasoned and grilled. All the fine crumbles of feta cheese, the mango salsa, diced green onion, shaved peppers, rich zingy dressing, and everything else the chef worked on for hours – plopped into the slimy garbage bag. This is exactly what you are doing, every time you drive!

        Of course, a lot of people, especially in North America, don’t really have an alternative, and they’ll be financially and bodily worse off for it.

  • mommykink@lemmy.world
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    7 days ago

    Your body. Eat healthy, drink water, remove stress, workout at least 30 minutes a day, and sleep regularly

  • edric@lemm.ee
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    6 days ago

    Don’t skimp on the things that connect you to the ground and invest in good quality ones. Shoes, bed, couch, office chair, and tires.

      • Fly4aShyGuy
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        5 days ago

        And there are some liquids that in excess might increase the chances of your face connecting with ground. Probably best not to skimp on those either.

    • crimsoncobalt@lemmy.world
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      7 days ago

      I concur on this one. Open a Roth IRA and put it towards an S&P 500 mutual fund with low fees. I use Schwab because it’s free to open an account and deposit money.

      • Vinny_93@lemmy.world
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        7 days ago

        Strategy wise it’s good to mention that you approach this as a savings thing so you deposit, say, monthly. That way you compound your interest and that can really ramp up quickly.

      • Vinny_93@lemmy.world
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        6 days ago

        S&P takes the 500 most profitable companies in the US and builds an index off of that. S&P usually goes about 7% return but markets are very bullish on AI. It’s similar to the dotcom bubble so definitely not without risk.

        Currently nvidia is driving the S&P up but nvidia might crash one day like cisco did back then.

  • NebLem@lemmy.world
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    7 days ago

    Bikes and retirement aside, I’d recommend knowledge - career skills, but also handiness skills. If you can do simple repairs like replacing a door, changing the flap on a toilet, painting, preventative stuff like changing your air filters, simple electronics (replacing a light switch), etc you’ll save thousands on repairs as a homeowner. Today there’s almost nothing that you can’t find an in depth video tutorial on, but if you really don’t feel comfortable with basic tools most community colleges have cheap classes as do some hardware stores. Volunteering, even just to help friends with their projects, can be an amazing way to learn too.

  • xylogx@lemmy.world
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    6 days ago

    From the “Financial Advice Index Card”:

    1. Max your 401(k) or equivalent employee contribution.

    2. Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds.

    3. Never buy or sell an individual security. The person on the other side of the table knows more than you do about this stuff.

    4. Save 20% of your money.

    5. Pay your credit card balance in full every month.

    6. Maximize tax-advantaged savings vehicles like Roth, SEP and 529 accounts.

    7. Pay attention to fees. Avoid actively managed funds.

    8. Make Financial Advisors commit to the fiduciary standard.

    9. Promote social insurance programs to help people when things go wrong.

    • frog_brawler@lemmy.world
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      4 days ago

      I disagree with #2. All of the target date funds tend to have 1.5-2% returns and are largely intended for people that aren’t looking at alternatives. Almost anything is better.

  • IsThisAnAI@lemmy.world
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    7 days ago

    Max out HSA if you have one first, then move on to 401k and a Roth or traditional IRA if you don’t qualify for the Roth. Then you do a backdoor Roth until they close the loophole.

    • ColeSloth@discuss.tchncs.de
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      6 days ago

      My work gives us an hsa of like $3,500 a year, but it rolls over and never maxes out. Does this mean I’ll never be allowed to move to step 2?

    • taiyang@lemmy.world
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      6 days ago

      I second this, wife put money to save for kids when they’re older and it over performed by quite a bit. I forget how much since she also sneaks 1k in here and there but an initial 10k plus the bits she added are now 24k after a couple years.

  • mortalic@lemmy.world
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    6 days ago

    I’ve posted this on lemmy once before, but assuming you’ve maxed your 401k or other retirement, my go to strategy has been to buy a few shares of VTI every paycheck. If there was anything left over, or I couldn’t afford VTI, I’d buy SPYG. I’ve been doing this for a very long time and it has paid off well for me. I’m not rich enough to stop working, but if I lost my job for a while, I’d be fine.

    Then on a personal level, join a local sport. In my area there are a bunch, indoor soccer, flag football, volleyball, rock climbing, etc… This gets you cardio without having to force yourself to go to the gym.

  • grue@lemmy.world
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    7 days ago

    Fill up contributions to your HSA, your 401(k) up to the employer match, your IRA, and then the rest of your 401(k), in that order. (YMMV if you’re self-employed or in the public sector and have more unusual tax-advantaged investments instead.)

    By the way: I suggest asking your question at !fire@lemmy.ml [“FIRE” = “Financially Independent, Retire Early”].

  • vga@sopuli.xyz
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    6 days ago

    International index funds for long term safe savings, hand-picked stocks for short term crazy gambling. Dividend stocks for medium term capital income.

    • slazer2au@lemmy.world
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      7 days ago

      If they are at the point of investing in pollies they don’t have to worry about saving for a house.