Save 100% Income But Why Are You So Cheap?

Описание к видео Save 100% Income But Why Are You So Cheap?

Let me take this moment to address an ongoing comments on my channel asking why I am so cheap when I can save 100% of my income. It probably was only possible to save 100% of my income due to being frugal. I actually do not see the reasoning of becoming annoyed at another person's spending habits. Each person has their own person preference on where to spend their money. I enjoy spending on my hobbies and even more importantly, towards financial independence. It's a lofty goal which requires great sums of money to be able to generate enough passive income. As a ball park figure we can use the 4% safe withdrawal rate to figure out the amount of money one may need to save to achieve this milestone.

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