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A couple that’s been retired for years says they made a mistake in their 30s that could have helped them build more wealth
A retired couple says they would tell their 30-year-old selves to budget better if they could turn back time.
By Liz Knueven
Daniel and Lori Winegarden have been retired for years now. Lori retired in 2013, and Daniel retired shortly after in 2018, from careers in corporate real estate, and law and business, respectively.
Since retiring, the couple has been blogging at Aging With Freedom. And, with some time to think back over their financial lives, they told Insider there is one thing they wish they’d done differently.
When asked what advice they’d give their 30-year-old selves, Daniel said there was one big thing he’d tell himself if he could turn back time: keep a budget.
Keeping a budget would have made money management easier for them as a couple
When they were younger, the Winegardens had several misconceptions about budgeting.
“We learned the importance of budgeting in our 40s, and if we had known it in our 20s or 30s, it probably would have been far better,” Daniel said. “It really helps relationships because it gets you on the…
