The Ratchet Points in Life

"I think there are a number of these ratchet points that are worth paying attention to and considering," he says. With $10,000, "you can pretty much free yourself from most of the needs of... You can be your own bank for most things." If you save $100,000 in the beginning of life, "all of your decisions that you want to make are open to you" When you get too wealthy, then things start to change: "You're not addicted to the month-to-month living of paycheck to paycheck"