1. Live WAY below your means
2. Invest savings in low cost index funds (VTSAX)
3. When your investments total to 25x your annual expenses, you’re financially independent. You’re free to live life on your terms. 🏝
Financial independence = freedom to work on what you care about, when you want.
You have to want freedom more than you want that flashy new car.
To highlight the value of cutting expenses, for every $100 per month you can trim, it means you need $30,000 less to achieve FI ($1,200 yearly expense x 25 = $30,000)