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My Financial Independence Journey » Entries tagged with "downside"

Downsides of Extreme Saving

Downsides of Extreme Saving

I spend a of this blog focusing on extreme saving, which I would consider to be anything above 20%.  Why?  Because extreme saving is an extremely powerful tool for achieving early financial independence or retirement.  Without it, you’re going to resort to such fallback plans as rich dead relatives, becoming a drug kingpin, winning the lotto, or starting an unusually successful business.  However, most people don’t have tons of money at their disposal, so pushing … Read entire article »

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