AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Balancing Financial Discipline and Life Milestones in Pursuit of Financial Independence
Having a high income does not guarantee financial independence if one chooses to live a lavish lifestyle./nTo achieve financial independence early, one must have an aggressive savings rate of 35% to 40% regardless of their income./nChoosing to pursue financial independence requires making tough decisions on lifestyle and priorities, and it may mean sacrificing certain life milestones.