This guide will walk you through the basics of Financial Independence but if something doesn’t fit for your life that’s ok. This is your journey and your life. Use the tips you find helpful and toss the rest. We know as a group we can get a little extreme (ok, a lot extreme), but our community is full of diverse and wonderful people. There is no one way to reach Financial Independence.

What you will learn:

• A Quick Summary
• Savings rate
• The 4% Rule “of Thumb?”
• Lower Your Living Expenses
• House Hacking
• Travel Rewards
• Eliminate Debt
• Easy Ways To Reduce Other Expenses
• Investment Philosophy
• Employer Accounts
• IRAs
• Real Estate
• Side Hustles
• Get 1% better

Simply put, the goal of the FI movement is to save 25 times your annual expenses. It is thought that once you have this amount saved you can begin withdrawing enough from your investment accounts to cover your expenses. At this point, you would be considered “financially independent” and no longer need to work for money. Your time is your own.

Subject Mastery Academy