Once you start making money, the general personal finance advice is to try and save money for building an emergency fund. And this month, I hit that milestone.
How much less do I spend during a lockdown? Spending less money equals saving more money. While we are staying home, I am saving 30% of my income. I could save more if I paid myself more. Here’s me explaining how.
This is my early retirement plan and how I am trying to achieve financial independence by tracking my spending, starting a business, saving and investing money.
I am starting a ten-year project to become financially set for life and enjoy financial freedom at 50. Follow along as I am documenting the journey to financial independence.
You saved money. You invested for years. Finally you can live off investments and retire. How much money can you withdraw to enjoy financial independence?