What’s your magic number? The best financial goal is to reach a point where you have enough money to live a peaceful and joyful life, instead of perpetually working to earn more. Our latest Instaread breaks down financial freedom into a nine-step program to save money with the aim of retiring early.
Step 1: Analyze the Past
The first step in the program consists of making peace with your past. Debt is a problem for most people. Often, our frenetic work lives are driven by high levels of debt and low levels of savings. In the U.S., for example, Americans often work 50 or more hours a week and express dissatisfaction with their jobs. To start your journey towards financial independence, you’ll need to gauge your satisfaction and reevaluate your earning and spending habits.
