Retire at 55 – Tip #3 – Drop Excessive Spending

By Mikael

So here we are at the third tip in the series of how you can be able to retire at the age of 55 or sooner. In the previous two tips we talked about the importance of starting NOW and why it is important to start making more money. Today I want to talk to you about why you should look at where your money is being spent and why you should cut back on the places that are not really necessary. Now this is not another “frugality post” just like every other floating around the online world. I am not a fan of frugality because I think that teaching people to live below their means is not only stupid but also cruel. Why anyone would encourage people to be any less than they can be is beyond me! However I do believe that there is a big differen... Read more