Financial Independence Archives - The Ways To Wealth

How to Live Without a Job: The Four Key Steps to True Financial Independence

R.J. Weiss — Thu, 14 Jul 2022 17:35:45 +0000

Like many people my age — the so-called “early millennial” generation born between 1980 and 1990 — the idea of living without a job first entered my mind after reading Timothy Ferriss’ now-classic book The 4-Hour Workweek. Until that point, I thought I would go to college, graduate, and then eventually run the family business. I assumed my life would follow a similar pattern as my parents. But The 4-Hour Workweek opened my eyes to a new way of thinking. What if I identified the lifestyle I wanted to live — instead of the one I was supposed to live — and […]

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Frugal vs. Cheap: Here’s The Difference (and Why it Matters)

R.J. Weiss — Mon, 19 Apr 2021 19:07:54 +0000

People tend to think of frugality as perfecting the art of couponing, as becoming a thrift store master shopper, as cutting back or even cutting out extraneous, frivolous, unnecessary expenses and purchases. In general, that’s the thrust of the advice you’ll find when you research this topic. I’ve read many articles written by good experts that encourage people to cancel all their subscription services, like Netflix and Spotify; to only order appetizers when they eat out, instead of full meals; to never buy coffee at Starbucks, to never buy a book they could borrow from the local library, to never […]

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The 5 Frugal Living Tips That Have the Biggest Impact (+ Tips To Avoid)

R.J. Weiss — Mon, 19 Apr 2021 09:00:00 +0000

Learn about the Three I's of frugal living: intention, initiative and impulse control.

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3 Best Free Financial Independence Calculators

R.J. Weiss — Mon, 17 Feb 2020 07:00:29 +0000

Regardless of where you are in your financial journey, it’s important to know certain information about your retirement planning — especially if your goal is financial independence and early retirement. You need to calculate things like… Accurate answers to these questions are essential, in part because they tell you whether you need to make an adjustment or change course. But the calculations can be complex, even if your finances themselves aren’t very complicated. That’s why a high-quality financial independence or retirement calculator can be immensely valuable. In this article, I highlight three financial independence calculators that can help you make […]

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