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Episode 2575:
Mr. Money Mustache's insightful piece sheds light on the pitfalls of financial habits inherited from parents and the traps of conventional employment. It emphasizes the importance of financial independence and the freedom it brings, using a professor's story as a case study to illustrate how one can successfully transition from a traditional career to a self-directed life, free from the constraints of salary and artificial security.
Read along with the original article(s) here: https://www.mrmoneymustache.com/2013/01/29/pension-schmension-retire-on-your-own-terms/
Quotes to ponder:
"To retire, you need passive income to cover your annual living expenses, with a reasonable safety margin."
"The money-driven phase of your life is complete."
"More money beyond the reasonable guidelines noted already does not make your life better."
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2678: [Part 2] Conquer 3 Critical Early Retirement Challenges by Redefining Retirement by Chris Mamula of Can I Retire Yet
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2672: 4 Reasons To Make Extra Money - It Changed My Life And It Can Change Yours Too! by Michelle Schroeder-Gardner
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2666: 5 Tips to Make Your Groceries Last Two Weeks by Shawna Scafe of Simple on Purpose
2665: Why the Small Things Matter by Andrew of Dollar After Dollar on Excessive Spending
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