Mo Money #463 How to replace your salary by investing - without sacrificing your lifestyle
Aug 14, 2025
Discover how to achieve financial independence without sacrificing your lifestyle. Learn strategic investment techniques to replace your salary and the importance of the 5% rule. Explore ways to enhance income by selling unused belongings and seeking better job opportunities. Understand the significance of navigating financial stages for smart investing and the benefits of passive income strategies. This engaging discussion empowers you to secure your financial future while enjoying life.
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Use The 5% Rule As Your Target
- The 5% rule says you can sustainably draw ~5% annually from investments without eating capital.
- Use it to set clear targets (e.g., $2M for $100k income).
Start Small And Automate Contributions
- Start early and automate small daily contributions to harness compounding.
- Delaying increases required daily saving drastically (e.g., $11/day at 20 vs $67/day at 50).
Grow Income, Don't Just Cut Costs
- Boost income rather than only cutting expenses to accelerate investing.
- Pick up extra hours, a side gig, or seek promotions to free more money for investing.
