Sat Jul 27 2024, by Tyler Gardner
Three Proven Cheat Codes to Retire Early with Financial Freedom
Here are three cheat codes to retire early with way more money in your pocket. I'm Tyler, a former financial advisor and portfolio manager. Now, I make financial content for free so that you don't have to pay for it.
1. Stop Relying Solely on Earned Income
You have to work the hardest for it and it's taxed the highest. You need to commit to learning about portfolio income and passive income and do everything in your power to start generating one additional stream of income.
2. Understand Good Debt vs. Bad Debt
Stop believing that all debt is bad debt. Good debt buys appreciating assets that generate positive cash flow, while bad debt buys depreciating assets that generate no cash flow.
3. Start Your Own Business or Get Involved in Real Estate
Do everything you can to start your own business or to get involved with real estate investing. The tax code was literally written to reward business and development. If you're not taking advantage of either, you're missing the top two ways to retire early with more money in your pocket.
If any of this is helpful, like and follow, and I'll keep trying to get you one step closer to where you need to be.
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