11 Financial Independence Tips – From 11 Early Retirees
Looking for some tips on achieving financial independence? Look no further, and review these 11 tips from the community of people who have reached financial independence for themselves. Their stories and lessons are important guideposts for you on your way up your financial mountain. Time is Greater Than Money When it comes to your money, […]
After Financial Independence: Lessons From Early Retirees
There are many things to do after reaching financial independence – the possibilities are exciting, and perhaps even a little daunting. Simply put however, your actions will fall under one of three major categories. After achieving financial independence, you can 1) live without working full-time, 2) keep working but transition to more personally meaningful work […]
How Can I Become Financially Independent Without a Job?
Wondering what financial independence is, or how to be financially independent without a job? Many are asking this question, and the answer may surprise you. To be financially independent without a job you need to save 25 times your typically annual expenses or leverage your resources to provide you sources of income that cover your […]
5 Schemes, 3 Reasons, & 3 Ideas: Getting Rich Quick
Trying to come up with a way to make a lot of money really quick? Well, there are some things you should do, and definitely some things you shouldn’t do. As a general rule, Get Rich Quick schemes are a bad idea and should be avoided because 1) they can be illegal, 2) they often […]
Ultimate Savings Rate Guide: Everything You Need to Know
What’s a savings rate? How do you calculate your savings rate? Why is a savings rate important? All of these questions and more may be on your mind. And rightly so, since knowing how to calculate and track your savings rate is an important piece of your journey to financial independence — it’s an integral […]
Savings Rate 401: How to Determine the Best Rate for You
Are you hearing talk about a “savings rate” but don’t know where to begin? How do you find your savings target, and how do you reach it? As a general rule, you should save a minimum of 20% of your income each month. If you are trying to reach financial independence, you should save 50% […]
80 / 20 Budget
New to budgeting? Hate budgeting? Don’t have enough money (or time) to budget in the first place? If so, this budget may be the perfect solution for you. The 80/20 budget breaks down your monthly after-tax income into two categories: 80% Expenses 20% Savings This percentage-based approach is great for budget-beginners, those who don’t like […]
