3 Habits of Financially Independent People
Follow these guidelines to boost your financial flexibility
Financial independence, like other meaningful goals, requires a long-term focus. Some people launch successful startups that make millions of dollars, but this is not how most people end up retiring.
You don’t need a big salary either. While a high paying job helps, it’s not a matter of how much you make but how much you keep. Financial independence isn’t a number. It’s a mindset.
This is why some rich people become broke and some people on making minimum wage end up rich.
In an earlier article, I highlighted how a custodian, secretary, and special education teacher all became millionaires.
Financial freedom is a mindset, and if you want to tap into that mindset, incorporate these 3 habits into your every day life.
Habit #1: Invest Early And Often
The earlier you invest, the more time you have for the compound effect to take its course. I bought my first shares of stock at 19…