How do you plan on reaching financial independence?

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  • #91751 Reply
    Mel

      Join the conversation about achieving financial independence! Share your strategies, goals, and insights on the journey toward financial freedom. Whether you’re saving aggressively, investing wisely, starting a side hustle, or pursuing entrepreneurship, there are countless paths to financial independence.

      Discuss your plans, seek advice, and exchange ideas with others who are on a similar journey.

      From budgeting and saving tips to investment strategies and passive income streams, every contribution adds value to the discussion.

      Let’s inspire and support each other as we navigate the path toward financial independence together.

      What steps are you taking to achieve your financial goals?

      Let’s learn and grow together on this journey to financial freedom!

      #91752 Reply
      Dion

        Retired in 2022.
        After 12 years of investing.

        Rental units.
        Diversified in two specific ways.
        Cash flow more than 4 times my freedom number.

        #91753 Reply
        Carl

          6K a month at the stock market for 15 years.

          #91754 Reply
          Brandon

            Plan a budget and stick to it. No new cars, alcohol, eating out, etc. bad habits and FIRE don’t work. Once you start saving and having investments then figure out how to have them work for you.

            #91755 Reply
            Randy

              Living like a hobo, eating beans and rice throwing 50+% of my income at the stock market casino.

              #91756 Reply
              Sal

                I’m planning on winning the lotto… this has to be the dumbest post I’ve seen on this page…

                #91757 Reply
                Damon

                  I’ll continue with 3 main categories:

                  • Entrepreneurship
                  • Real estate investing
                  • Investing in equities
                  #91758 Reply
                  Nghia

                    Build up credentials and experience to make a decent salary. Go to HR and defer 30%+ into VTI/VTSAX. Wait 10-30 years. It goes faster than you think as you live life. I started late in my mid-30s and reached FI in my mid-40s.

                    Don’t let anyone tell you it’s not possible, it’s just math. Good luck!

                    #91759 Reply
                    Phil

                      Having zero debt and maxing out all my retirement accounts and doing some riskier side investments.

                      #91760 Reply
                      Matty
                        • 50% on housing.
                        • 30% on investing.
                        • 20% on yourself.

                        Start with that.

                        #91761 Reply
                        Zchry

                          2-3 years away from FI goal, but I won’t RE. I’ve decided to keep working, spend most of my salary, and live life to the fullest once I hit FI. I’ve been saving and investing 80% or more of my income for the last 10 years.

                          It’s time to start enjoying life a bit more.

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