A self-made millionaire reveals how you can stop working in fewer than 10 years

I absolutely love the idea of early retirement. Although I wholeheartedly believe in living in the present moment, we must remember to plan for our future too – so we can continue to enjoy the ‘present moment’ beyond our working years.

I felt very inspired by an article written by Grant Sabatier who reached financial independence by the age of 30.  He wrote about five steps on how to do it:

1. START BY DOING THE SIMPLE MATH: HOW MUCH DO YOU REALLY NEED? (IT’S LIKELY GOING TO BE MORE THAN YOU THINK)

2. THE ONLY BUDGET YOU NEED: FOCUS ON MINIMIZING YOUR THREE GREATEST EXPENSES (HOUSING, TRANSPORTATION, & FOOD)

3. SIDE HUSTLE TO INVEST

4. INCREASE YOUR INVESTING RATE AS QUICKLY AS YOU CAN (25%+ IS IDEAL, BUT WITH EVERY 5% YOU CAN RETIRE UP TO 10 YEARS EARLIER)

5. THEN TAKE IT ONE DAY AT A TIME, BUT BUILD THE BEST DAILY HABITS

The steps are fully explained in the original article, which is available here:
http://millennialmoney.com/fast-track-financial-independence/

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