What would it take for you to quit your job right now? Or in five years from now? People eager to retire as early as possible have noted saving as much as possible will hasten your moment to quit that job. With that in mind, I thought to have a look at the math behind the savings rate and why you may or may not be willing to maximize it.
All financial levels are equal, however more are equal than others – financial status exists on a gradient and one will progress up or down with ever coin earned or spent. There are however certain milestones that can carry you along the route to financial freedom. For this article, I wanted to share with you 9 steps to financial freedom.
Ever wondered why you need to keep paying for 30 years for a house you supposedly own? More and more people are wondering the same and have started paying off their mortgages early to live a mortgage-free life. Are lower monthly payments the holy grail and should everyone just pay off their mortgage as soon as possible? You guessed it, probably not, let’s have a look at pre-paying your mortgage.