If you want to become financially independent and don't know where to start, here is a thread that will help you get started

/THREAD/
1. Review your expenses and make a budget

It will help you see where you overspend, make a plan to save, pay down debt and start investing. https://twitter.com/itsKostasWithK/status/1346866006220824578
2. Set your investing and retirement goals

How much do you need to support yourself in retirement and when do you want to retire? https://twitter.com/itsKostasWithK/status/1347165405928972290?s=20
3. The earlier you start investing, the better.

Here's why and how time and compounding can become your allies. https://twitter.com/itsKostasWithK/status/1345420093749129216?s=20
4. Invest in an index fund

It's easy, safe, cheap, and the best choice for a beginner in investing, with not much time for it. https://twitter.com/itsKostasWithK/status/1347528028168069122?s=20
5. Make sure you look carefully at the fees you will pay.

Even a 1% fee might appear minuscule, but it can slowly eat away your retirement funds https://twitter.com/itsKostasWithK/status/1348005165006258179?s=20
6. Use the Dollar-Cost Average strategy and invest after every paycheck.

First, pay yourself, i.e. save and invest, and then use the rest for your expenses. https://twitter.com/itsKostasWithK/status/1346544591877664768?s=20
7. Invest consistently every month and don't try to predict short-term market movements. https://twitter.com/itsKostasWithK/status/1346488602562322434?s=20
8. The most important rule in investing is derived from legendary investor Warren Buffett.

Check what it is and why it's important. https://twitter.com/itsKostasWithK/status/1346894592063504384?s=20
9. If you want to get your feet wet by investing in individual companies, here are some tips on companies you need to stay away from and avoid beginners' mistakes https://twitter.com/itsKostasWithK/status/1351997823106080768?s=20
10. Once you feel confident to invest in individual companies, Peter Lynch had developed a method for dividing companies into categories, with tips on what to look for when to buy, as well as when to sell. https://twitter.com/itsKostasWithK/status/1346133384188325893?s=20
And most importantly, remember to begin early and enjoy the journey.

You are just getting started https://twitter.com/itsKostasWithK/status/1345107149446385665?s=20
You can follow @itsKostasOnFIRE.
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