7 of the smartest pieces of advice about saving money from early retirees - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

7 of the smartest pieces of advice about saving money from early retirees

The best part is that their wisdom doesn't just apply to other hopeful. Even those saving for a "normal" retirement or a different long-term goal can take their words to the bank.

He posted a Tweet earlier this year that read:"Living rich: Make $500k, spend $500k, don't have two nickels to rub together. Being rich: Make $100k, spend $40k, have $1 million in the bank." "When people say they want to be rich, what they're saying is they want to spend like a rich person. They're focusing on earning a big paycheck," Reining."But that's not the definition of being rich. The definition of being rich is having assets generating income that exceed your standard of living."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Carlos Ghosn's epic fall from superstar auto executive to international fugitive - Business InsiderFrom leading an automaker alliance with hundreds of billions in annual sales to a man on the run, Carlos Ghosn has had quite the past few years.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The best retirement advice from my dad, who retired early at 55 - Business InsiderI ignored my Dad's advice about saving money and investing until I saw him retire a decade before his peers. Now, I've asked how he did it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Retirement saving to be harder in 2020, advice from BlackRock's Rieder - Business InsiderBlackRock's $1.7 trillion bond chief explains why it's about to become much harder to save for retirement — and shares his best advice for doing it successfully Well, apparently both North Korea and Russia are going to kill us with nuclear bombs (so they say). So do I have to save for retirement or not? Many people’s retirement ”plan” is suicide. The current math doesn't work out. Are they going to help or just exploit the desperate?
Source: BusinessInsider - 🏆 729. / 51 Read more »

January is 'divorce month' — divorce lawyer advice on how to survive - Business InsiderJanuary is unofficially considered 'divorce month' in legal circles due to a peak in filings. Here's a divorce lawyer's advice on how to survive your own separation.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Automatic transfers made putting money in high-yield savings painless - Business InsiderAutomatic deposits keep my balance growing effortlessly, encourage me to save more, make saving painless, and make my money earn more interest.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Money decisions you can feel good about going into 2020 - Business InsiderIt's common to overspend and overindulge during the holidays, but there's still time to get back on track with good money decisions.
Source: BusinessInsider - 🏆 729. / 51 Read more »