The Money Wire

Money Lessons From Self-Made Millionaires Who Retired in Their 30s


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The source provides an extensive guide to achieving Financial Independence, Retire Early (FIRE), by distilling eleven core money lessons from individuals who became self-made millionaires and retired in their thirties. These lessons emphasize adopting an extreme saving rate—often between 50-70% of income—and consistently investing early in diversified, low-cost index funds to leverage the power of compounding. Key strategies include diversifying income streams through side hustles or real estate, strategically minimizing taxes using advantaged accounts, and ruthlessly living far below one's means to avoid lifestyle inflation. Ultimately, the text defines early retirement not as stopping work entirely, but as achieving the freedom to live life on one's own terms through disciplined financial planning and calculated risk-taking.

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The Money WireBy Adidas Wilson


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