4min chapter

Aussie FIRE | Financial Independence Retire Early cover image

Chapter 8: Beyond the easy wins

Aussie FIRE | Financial Independence Retire Early

CHAPTER

How to Live a Frugal Life

Being frugal requires long-term thinking. Most of the time, you can make do with what you already have. It's easy to be tricked into buying specific items for a specific purpose. If you earn $60,000 net per year, but only spend 50% of it and save the rest, you'll be able to save $30,000 per year. To achieve financial independence, living frugally is crucial.

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