My plan is to consistently save at least half of my income and substantially build up my net worth so that money is never an issue or source of stress in my life. This will allow me to pursue any financial goal I set my mind to, which includes retiring from mandatory work decades before the traditional age of 65.
Now I know what you’re thinking. Saving 50% of one’s take-home pay sounded crazy to me too, when the American average is less than one-tenth of that, but I promise you it is achievable with a simple change in mindset.
I am now up to a 65% savings rate and I don’t make anywhere near an investment banker salary either. My saving level has allowed me to become debt free and grow my net worth in a shockingly short amount of time.
The crazy thing is, I don’t feel deprived at all from spending less. Instead, I feel free and in control. More today than I have at any other point in my life.
I want to share with you what I have learned and put it into easy, actionable steps so that you are in control of your money at all times and able to achieve your financial goals easier and faster than you ever thought possible.
This blog is designed to simplify the world of personal finance and empower you to:
- Save more money while boosting happiness
- Eliminate existing debt
- Invest optimally for the long-term
- Develop a healthier mental framework for your financial situation
- Attain financial freedom and any other goals you desire
This is The Personal Finance Playbook.
The Personal Finance Playbook 