yes! but very few people manage to do it. it takes a lot of discipline and self-control.first, you should learn how to distinguish needs versus wants/whims. And most of all, you must learn to be content.
many people especially the younger ones become broke from paying their cars, homes, properties and health. it's important that you plan for [spam link removed] long term care and be ready for it, because it could deplete everything you have saved
Many people my age want to have what it took my parents generation 20-30 years to acquire. Cars, Houses, Nice Furniture, Home Entertainment all are must haves right now it seems... The amount of debt of this new generation will cripple Americans for a lifetime.