17 Habits of self-made millionaires who retire early
17 habits of self-made millionaires who retired early
1. Take stock of own finances
2. Track net worth & spending
3. Frugal
4. Underspend on housing
5. Focus on increasing earnings
6. Earn more, to invest more
7. Create passive income
8. Comfortable living outside comfort zone
9. After retiring, spend even less
10. When they do spend, it's on experiences
11. After retiring, money is not huge motivator
12. Value happiness as living life they love
13. Move to areas with lower cost of living
14. Develop hobbies
15. Like to exercise
16. They travel
17. They are optimistic
https://www.businessinsider.sg/self-made-millionaire-early-retirement-habits-2019-12/
Further applications
Worldly temporal wealth
1. Track net worth & spending
2. Create and grow passive income
3. Be frugal but spend wisely
4. Value happiness and life over money
5. Retire in areas of lower cost
6. Develop hobbies, exercise and travel
7. Be optimistic
True Wealth
1. Know the Giver of your wealth
2. Know your wealth is temporal
3. Be good steward of our talents
4. You are accountable to your creator
Comments
Post a Comment