Read on to learn what it means to be independently wealthy, how it differs from financial independence, and tips to get yourself on the path to becoming an everyday millionaire.
This plan will look different for different people, and some journeys will take longer than others. The important part is to create a plan that is manageable for you.
Living below your means is ensuring that your expenses don’t outpace your income. But beyond the simple, you’ll need to live a frugal lifestyle if you hope to become independently wealthy.
Income increases may be the only way to put yourself on the road to becoming independently wealthy. You can only cut so much from your budget, after all.