How To Live On Half Your Income & Transform Your Life

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Do you want to live on half your income? Save 50% of your paycheck every month?

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If you want to pursue financial independence and/or early retirement, it’s important to keep the amount you save each month as high as possible.

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Do some testing, research what works for you and what doesn’t, and living on half your income will be your reality in no time!

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Calculate what is 50% of your take-home paycheck. When you have calculated half of your take-home pay, you are going to subtract your fixed expenses from half of your take-home pay.

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For everyone, the biggest gains will be most likely made by cutting your housing expenses.

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You cannot go out to eat 3x per week if you want to live on half your income, nor can you go shopping each month.

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Everyone has their personal triggers, things that you know will get you through your budget in no time.

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FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE

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