Why Increasing Your Income Is Better Than Increasing Your Savings Rate

For those in the financial independence retire early mindset, we all know that your savings rate is extremely important in growing long-term wealth. But, there is a better, faster way to reach early retirement. Your savings rate and how much you can save is one of the most important things to do on your journey …

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How to Become a Millionaire and Retire Early (3 Steps)

Having enough money so you no longer need to work may seem out of our reach at first. However, given time and compounding interest, it’s a whole lot easier to achieve than you think. I’ve been a follower of the Financial Independence Retire Early (FIRE) movement for a number of years now, with a goal …

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FIRE Progress – August 2020

Made some great progress with my net worth and other financial goals over July. If you want to see my previous posts on Financial Independence Retire Early, check it out here: https://nathanchallengeslife.com/fire/ During July, I saw increases in all my money accounts - which is always great to see. That meant that my net worth …

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