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

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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."

 

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