Not everyone wants to be able to resign from their jobs. Some love working, while others don’t. But being financially independent isn’t necessarily about being able to tell your boss what they can put their TPS reports, it’s about being able to weather a financial storm.
For that, at the very least you need a rainy day fund for emergencies. But you might find that once you’ve been able to build a decent rainy day fund, that you’re even more motivated to save and invest more, and then one day you’ll have an investment account so big you’ve got to check it for swimming cartoon ducks. If you’d like that to be you one day then these should be the numbers you focus on:Continue reading