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I'm just repeating issues that the blog authors from FrugalWoods, MMM, MadFientist, ERE, ERN, etc, all bring up as their main points for obtaining wealth (Or be
by xboxnolifes 9y ago
I'm just repeating issues that the blog authors from FrugalWoods, MMM, MadFientist, ERE, ERN, etc, all bring up as their main points for obtaining wealth (Or being financially independent as they call it). And they were merely examples of a large list of things that increase spending, hence the 'etc'.
Each of them typically does three things: They keep their household yearly spending under $35,000 (some even less than this), increase income as much as possible, and invest the savings, taking advantage of tax-deferred accounts whenever possible. Though, the three things are basically common sense when you think about it.