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10 Things My Wife And I Did To Retire in our 30s
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1: TRACKED SPENDING
We knew where every dollar was going.
Using spreadsheets, we had complete visibility over everything, and it made saving money uber simple.
Track your spending.
We knew where every dollar was going.
Using spreadsheets, we had complete visibility over everything, and it made saving money uber simple.
Track your spending.
2: STOPPED GOING OUT TO EAT
This was the toughest change for me, because I LOVE going to restaurants. But, restaurants are expensive, and we wanted early retirement more.
Cut restaurant spending.
This was the toughest change for me, because I LOVE going to restaurants. But, restaurants are expensive, and we wanted early retirement more.
Cut restaurant spending.
3: MAXED OUT RETIREMENT
For the last two years of our working careers, we maxed out our 401K and Roth IRA contributions.
Retirement savings add up fast with maxed-out accounts.
For the last two years of our working careers, we maxed out our 401K and Roth IRA contributions.
Retirement savings add up fast with maxed-out accounts.
4: ZERO CREDIT CARD DEBT
Your credit card is a convenience, not a way to spend money that you don't have.
And, it KILLS your ability to build wealth.
Never accumulate credit card debt. Ever.
Your credit card is a convenience, not a way to spend money that you don't have.
And, it KILLS your ability to build wealth.
Never accumulate credit card debt. Ever.
5: TALKED ABOUT OUR FUTURE
Every night, my wife and I would take a walk and talk about our future.
This helped us develop a plan. Decide what we wanted. Estimate expenses.
Talk about your future.
Every night, my wife and I would take a walk and talk about our future.
This helped us develop a plan. Decide what we wanted. Estimate expenses.
Talk about your future.
6: HIGH PAYING CAREERS
My wife is a rocket scientist (seriously). I worked in software. We purposely chose high-paying careers - not because IT was our passion, but because it was our strength.
High-paying careers make it much easier to retire young.
My wife is a rocket scientist (seriously). I worked in software. We purposely chose high-paying careers - not because IT was our passion, but because it was our strength.
High-paying careers make it much easier to retire young.
7: SWITCHED COMPANIES 5 TIMES
Move around in your industry. Each time I switched companies, I got a 15 to 20% raise. This works.
Move. Don't let company loyalty harm your retirement.
Move around in your industry. Each time I switched companies, I got a 15 to 20% raise. This works.
Move. Don't let company loyalty harm your retirement.
8: SEIZED OPPORTUNITIES
If I was doing the same job I did a year ago, that was a failure.
I always kept moving. Trying new things.
This exposure kept me learning, improving, and succeeding.
Keep your eyes open. Take your opportunities.
If I was doing the same job I did a year ago, that was a failure.
I always kept moving. Trying new things.
This exposure kept me learning, improving, and succeeding.
Keep your eyes open. Take your opportunities.
9: DIDN'T HANG AROUND LOSERS
This sounds harsh, but it works. I ignored coworkers that were dead weight. I didn't want to be associated with them.
Choose your network wisely. Keep it high quality.
This sounds harsh, but it works. I ignored coworkers that were dead weight. I didn't want to be associated with them.
Choose your network wisely. Keep it high quality.
10: IGNORED OUR NEIGHBORS
Don't keep up with the Joneses because most Joneses are broke.
Focus on you and your family. Your needs.
Ignore your neighbor's buying decisions. Focus on your family instead.
Don't keep up with the Joneses because most Joneses are broke.
Focus on you and your family. Your needs.
Ignore your neighbor's buying decisions. Focus on your family instead.
Everything I learned about building wealth and mastering early retirement is in my eBook, Big Money.
For less than $10, it's the best investment in yourself that you'll ever make.
Period. https://gum.co/Big-Money
For less than $10, it's the best investment in yourself that you'll ever make.
Period. https://gum.co/Big-Money
