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The right to financial independence needs to be asserted—the right to work, exchange your labor for money, and to control the fruits of your labor.
This necessarily includes the right to plan and save for your own retirement, free from coercion or interference.
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... violate your rights to plan your retirement. Your Social Security taxes pay benefits for today’s recipients, and theoretically, tomorrow’s workers’ taxes will pay for your benefits. That's very different from investing because it doesn’t encourage responsible attitudes toward saving...
The current system is an entitlement program in which everyone gets to claim a retirement pension from the state (that is, from working taxpayers), regardless of whether they’ve been industrious and thrifty.
You are not saving for your retirement at all; you are paying for the retir...
"You have to go broke three times to learn how to make a living." ~ Casey Stengel
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Financial independence implies not having to worry about money anymore, but rather focus on what you want to do, in your free time and your passions.
However, being financially independent is not to be perceived as having an infinite amount of money, so you should not spe...
In order to feel less stressed about your expenses, start doing the research on how to achieve financial independence now.
It will save you a lot of frustration that might emerge due to work while also making you feel more satisfied with your own life.
Lifestyle inflation is an insidious killer of your financial wellbeing and eventual financial independence.
What it is: allowing your expenses to grow along with increases in your income.
How preventing it helps:
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