My Financial Independence Journey » Entries tagged with "downside"
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 »
Filed under: Reflections
