Financial independence (FI) can be defined as the point at which the passive income from your investments exceeds your monthly expenses. At this point, you
Category: PersonalFinance
How to achieve financial independence
I trained as a Civil Engineer and learned to love systems. Engineers are trained to build and maintain systems to solve problems. For example, your
Shock absorbers
A buffer is something that reduces the impact of a shock or that forms a barrier between incompatible things or people. In chemistry, a buffer
Income vs Wealth
Income is money earned from providing a service, selling goods or returns on an investment. Income includes things like salaries, wages, interest, business revenue, rents,
6 Secrets of getting RICH
1. Pay yourself first. Remove atleast 10 percent of your salary/income and save it. Learn to live on 90 percent of what you make. 2.
Intentional spending
I am frugal by default. However I tend to spend more on things which bring me joy and a sense of fulfillment. I am hesitant
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