Road To Financial Independence
Challenge: It takes about $1,700 a month worth of savings for 17 years to generate enough wealth to be able to “earn” the average yearly income of a U.S. household (where the wage earners have Bachelors degree) in interest. Our challenge to you is the develop a plan to bake this level of savings into your budget and explain how you managed to do it. References: Historic Rates of Return (Stern) Consumer Expenditures (2010, Bureau...
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