re: How do you achieve financial freedom at an early age?

It is an interesting question. Here are some scenarios I know of in my personal circle.

1. Guy lived in same apartment from day one of out college. Never bought a new car. Never worried about material things. Maxed out 401k. Retired on his 40th birthday.

Now, he's late 40s, no kids, and alone... but he likes to travel to go fishing/scuba, and he gambles. But that's it. We used to see this guy all the time, and have seen him once since retirement.

2. Guy lived in same house from day one out of college. Worked for same company his entire career. Never had kids. Never got married. Never really purchased anything extravagant. Could have retired in 40s, but his job was so easy and liked it, he went to age 60. His last day was his birthday. (worked for me)

3. Roommate was into penny stocks and investing on the side. Trades got bigger and bigger and eventually made enough to quit his job and just trade for fun.

4. Parent of a kid's friend started a kiosk in a mall, and then opened several kiosks. Created a franchise and has stores all over the place. Works hard, but sure seems to have free time.

5. Best friend earns a great living, but both parents died within a year. Inherited a shiat ton of money and property.

6. Guy I went to high school married a girl who's father died in an accident and had received a huge settlement.


lol, those are some off the top of my head.

Here's how NOT to do it.
Get married to someone with no job or low-paying job.
Have several kids.
Live in an expensive area.
Have a long commute to work.
Eat out at restaurants several times per week
Go on trips you probably shouldn't.
Allow in-app purchases

I might know from experience there.