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Looking to retire early? Here are two effective and efficient strategies to help you two reach your dreams of financial independence faster!
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Mind the Gap & Achieve Financial Independence Faster
As we wrap this year up, I’m going over the interviews we’ve had, pulling out threads that connect some of guests.
One huge thread I’ve heard repeated is that personal finance nugget:
Spend less than you earn.
With the couples who achieved big goals, they’ve honed in on building that gap between they they earned and what they spent.
It comes down to two strategies: frugality and going income.
Frugality and entrepreneurship are powerful tools when used together can build your family’s finances dramatically. Interestingly, the terms frugality and entrepreneurship are a bit misunderstood.
Hope you enjoy!
If you’re looking to retire sooner, please check out my interview with Liz, creator of Frugalwoods. She and her husband are on schedule to become financially independent next year and have already moved to their homestead.
Resources to Grow the Gap
Want to learn more? Here are some resources to check out:
- Boost Your Income with Side Hustles
- Being Productive as a Work from Home Parent
- 79 Side Hustle Business Ideas You Can Start Today
- The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
- How to Retire Early as a Couple
- How To Score a $50 Car Payment For Life
- Financial Independence and Parenthood
New Year, New You Financial Summit
How would you like to hear from others who have done big things like pay off six figures of debt, retired early, or became a one income family to have more time for the kids?
We’re hosting the New Year, New You Summit. It’s a huge week-long event that you can catch from home. It’s going to be happening January 9-13, 2017.
And the best part? You can watch the summit that week for FREE! You just have to register and we’ll save you a spot.
Thank You to Our Partners
Support for this podcast comes from partners like Personal Capital. Easy to set up & easy to use. You can have all your investments, income, and expenses all pulled into one place.
Did I mention it’s free? Why don’t you give Personal Capital a try today?
Support for this podcast also comes from Divvy Investments. If you’re looking for an easy way to help keep your portfolio on target for retirement without having to link your accounts to yet another service, check out Divvy.
Listeners can get a 10% discount; use the coupon code, “Couplemoney”.