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13 Stupid And Simple Rules For Financial Freedom! | How A Couple Retired With $1m!
Description
Today we will do a reaction to an article that profiled a couple in their 30s who have retired with a pot of $1m in US. They share their 13 rules for financial freedom and let's explore what we can adopt.
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0:00 Introduction
0:40 Is $1m enough for a couple in Singapore to retire?
With kids, the expenses are higher and the ability to save is less.
2:56 Rule 1 ignore your passion
4:46 Rule 2 Learn from millionaires
6:53 Rule 3 Cut away losers in life
You are the average of the closest five people to you
7:37 Rule 4 Exploiting your 9-5pm job
Employers provide training and staff benefits
9:17 Rule 5 Switched companies 5 times in 14 years
10:37 Rule 6 Automate everything
12:57 Rule 7 Ignore the haters
14:34 Rule 8 Ignore the joneses
17:02 Rule 9 Prioritize open communication
17:40 Rule 10 Prioritize health
19:24 Rule 11 Avoid credit card debt
22:03 Rule 12 Say yes
25:23 Rule 13 Stopped going to bars
Article: https://www.cnbc.com/2022/07/23/self-made-millionaire-simple-money-habits-i-used-to-save-1-million-and-retire-early-at-35.html
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