How an expense audit can increase your savings rate

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Photo: cottonbro/Pexels

Did you know that the higher your savings rate is, the less time you have to work? Assuming you’re investing the money you don’t spend, of course.

Mr. Money Mustache who popularized the FI/RE movement broke down the math behind this concept of saving more to work less in his article, The Shockingly Simple Math Behind Early Retirement.

For example, if you have a 10% savings rate, you have to work for 51 years. …

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The Retired Millennial

A millennial en route to financial independence and early retirement.

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