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Retire 10 Years Early By Avoiding These 10 Purchases
Simple lifestyle changes to fast-track your path to financial independence.
Retiring ten years earlier than planned might seem unattainable, but it is possible. Frugality is the way to make it happen. However, if you are spending money on certain items, achieving this dream could be challenging. Here are ten things you should consider avoiding if you plan to retire early.
1. Credit card interest
Buying what you cannot afford and putting it on credit cards you cannot pay off monthly is a no-no. Such actions rob you of your future goals and ambitions. Paying credit card debt is essential, especially if you want to achieve financial freedom.
2. Higher education
With the skyrocketing tuition fees, it is crucial to consider alternatives to college education. You can attend a trade school to get a specialty certificate applicable to your career, take one-off online courses, do apprenticeships or entry-level jobs and work your way up. Another great option is attending community college, which is cheaper.
