Financial Independence/Retire Early The last part is a misnomer because it’s not real. You CAN but the people who practice it can never really retire. But the idea is getting great financial rigor and putting yourself in the position where you don’t need your job and can easily give the finger to bad working conditions.
I should say. “Can never really retire” I mean they mentally just won’t allow themselves to retire. They got the money. Just not the willingness.
It's for all the "I want to travel the world" people.
It means living frugally until death in order to achieve independence from money. People often confuse retiring early means spending all they have saved to enjoy rest of their lives. Its quite the opposite, you are dependent on frugal lifestyle to actually retire
I guess if you die you are technically independent of money
Then why dont people just commit suicide 🤔🙄
Fuck In Real Life, Eddy
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Financial independence/retiring early It's a mindset focused on living very frugally and retiring ASAP
I think it’s wrong to focus only on expenses. You have to simultaneously increase income and manage expenses so that they do not grow as fast as income. You can’t make the same return on savings as you can on developing your earning potential. The expense management is about not squandering the income, it’s not about building wealth.