This is why it's very important not to let your spendings increase with your income... As my income increased, I went from saving 30% of my income to saving 80%

This is why it's very important not to let your spendings increase with your income... As my income increased, I went from saving 30% of my income to saving 80% of my income... I did increase my spendings by a bit but not nearly as much as my income increased. The other important thing to have is a good insurance. The main reason I'm doing this is that I want to make sure I can retire at 40 but working toward that goal is a great way to protect oneself in case of setbacks.