Retire Before 50
There are many people who write books and claim they retired early. I came across Billy and Akaisha from an email I received. Billy and Akaisha retired at age 38, and they are currently travelling around the world. They have a website at www.retireearlylifestyle.com. On the site, you can download their book “The Adventurer’s Guide to Early Retirement” It cost $14.95.
Now, I didn’t have a chance to read their book but I’ve manage to look at the table of contents. In the early chapters, they cover the story of early retirement. In later chapters, the money essentials are covered including
Chapter 12 - Where to Start?
Chapter 13 - Track Spending
Chapter 14 - How Much Is Enough?
Chapter 15 - Advantages of Simplicity
Chapter 16 - Putting Simplicity into Practice
Chapter 17 - Spending Choices
Chapter 18 - Money Mindsets
Chapter 19 - Money Management
As you can see, tracking spending and knowing how much you need is always essential. No matter what lifestyle you choose, you’ll always come back to these 2 key items. Later chapter talk about Money Mindset as well as Money Management.
As I’ve mentioned previously and bear mentioning again, most people think more money is the solution. It is not. Whether you are already financially free and retired early, you still have to manage your money! Since you have to manage your money and this will be a lifetime requirement, why delay building good money management habits.
The earlier your develop simple habits like tracking, budgeting, saving and investing, the better it will be for you. I’ve written about how to keep track of expenses using a PDA. If you prefer, pencil and paper works just fine. Do this well and money will be your servant. Retiring before 50 can be a reality.
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