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This :) Financial independence is not really about the amount of money you make, but the amount you spend. It sounds corny, but there are plenty of people with
by dusted 7y ago
This :) Financial independence is not really about the amount of money you make, but the amount you spend.
It sounds corny, but there are plenty of people with every kind of income who'd have to find a new place to live if their income was halved in a few months..
On the flipside, there are also plenty of people who could manage just fine with half of what they earned.
My upkeep is about 15% of my salary, and I'm not highly paid.
Alternatively, become stupid-rich before quitting your job, but, that's statistically not going to happen, and you're actually less in control of that than you'd think.. Plenty of people work real hard to achieve that and their hard work only gets them to average, while others just happen to be at the right place at the right time.