It's astonishing that even today, people spend every dollar they earn without concern for the future. I know that around 70% of Americans are living paycheck to paycheck... My dad didn’t teach me much, except the importance of going to work every day and paying my bills. I purchased my first house at the age of 25 and fully paid it off by the time I reached 40. During that time, I was also saving my money. I was fortunate that my employer offered a pension plan and a 401k, as many companies no longer provide pensions... I retired early because, 1. my financial adviser indicated that I was in a good position, and 2. Furthermore, I really didn't enjoy working with the people at my job.