The Money Mustache Community
Around the Internet => Mustachianism Around the Web => Topic started by: neo von retorch on August 12, 2016, 06:42:10 AM
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https://news.ycombinator.com/item?id=12274094
have you reached a point where you have enough passive income to not to have to work for a living? If so how did you accomplish it?
Step #1. Reduce my expenditures below what most people consider reasonable. I lived for more than 5 years on less than $10K a year. It was much easier than I thought. I discovered that spending more than this amount of money, I was no happier. Who knew?
Many of the answers are about amassing fortunes or passive income, though.
-
https://news.ycombinator.com/item?id=12274094
have you reached a point where you have enough passive income to not to have to work for a living? If so how did you accomplish it?
Step #1. Reduce my expenditures below what most people consider reasonable. I lived for more than 5 years on less than $10K a year. It was much easier than I thought. I discovered that spending more than this amount of money, I was no happier. Who knew?
Many of the answers are about amassing fortunes or passive income, though.
I take it that's because passive income has the capacity to grow much faster than employment income for the vast majority of people?