Practical Steps to Financial Independence

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Episode 2784:

Lisa Harrison of MadMoneyMonster.com shares how achieving financial independence doesn't require extraordinary actions. By living below your means, increasing income, eliminating debt, and practicing frugality, you can build wealth steadily and retire rich without creating the next big thing.

Read along with the original article(s) here: https://madmoneymonster.com/2018/03/26/how-to-retire-rich-without-lighting-the-world-on-fire/

Quotes to ponder:

"Stop comparing yourself to The Joneses and their new BMW. In case you weren’t aware of it, The Joneses are broke."

"You need to widen the gap between your income and expenses. And then buy assets with the difference."

"By tweaking a few areas of your life you will set yourself apart from the crowd."

Episode references:

Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766

The FIRE Movement Reddit: https://www.reddit.com/r/financialindependence/

The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926

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