How long it will take you to save enough

Assuming you're in your 20s or 30s and can earn an average investment return of five percent a year, you'll need to save about 20 percent of your income so you can reach financial independence when you're older.

Financial independence means that you can maintain your chosen lifestyle entir...

The popular 50/30/20 rule states that you should reserve 50 percent of your budget for essentials like rent and food, 30 percent for discretionary spending, and 20 percent for savings.

But it's not that simple. If you're a high earner, you'd be wise to save a larger percentage of your inco...

• Today, if you find yourself rushed or uttering the words "I just don't have enough time," stop and take a second. Is this actually true? Or have you committed to a lot of unnecessary things?
• Are you actually being efficient, or have you assumed a great deal of waste into your life? ...