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275 - Megasode - The Greatest Hits
Maven Money Personal Finance Podcast
Understanding Your Expenses Is Crucial
To become financially independent, if your lifestyle costs were £30,000, obviously you need to hit a certain number. And then hitting a point where your residual passive income meets your skim down life expenses is crucial. If you're spending £100,000, it's three and a bit times more effort you're going to have to go to than the person that's spending £30,00. But but again, understanding your expenses are crucial. You know, it could be argued, it's far more important to earn far more money and don't sweat the small stuff expenses and expenses.
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