How to Retire Early : Track Your Money, Find Your Savings Rate, and Cut Spending

How does one retire early before 65? By tracking your money, discovering your savings rate, and cutting back mercilessly on your spending. In this next video on my FIRE series, I discuss how to start getting your personal finances together and on track to become financially independent. Achieve financial freedom while still spending on what you love—have your avocado toast and still reach FIRE! If you haven't already, be sure to check out part one for getting your financial mindset together.

HOW TO RETIRE EARLY SERIES
Part 1 • Discover your why: https://youtu.be/4AhZA9dAtoA
Part 2 • Money tracking + savings rate: https://youtu.be/qaewlWO-RRk
Part 3 • Find your FIRE number: https://youtu.be/cATwOx8Ff9U
More videos on early retirement: https://youtube.com/playlist?list=PLJZyGK_MWEhk6-i3l6VYMUQUTiVHctLK0

Download my free money tracker: https://www.millennialmoneyhoney.com/free-resources

⏰ TIME STAMPS
0:00 Intro
1:00 Track your money
3:44 Calculate savings rate
5:21 Cut back on spending
7:48 Spend on what you love
8:36 Final thoughts

☕️ Like my vids? Support my channel and Philz Coffee addiction: https://buymeacoffee.com/moneyhoney

📊 My Money Tracker & Rebalancing Calculator: https://www.millennialmoneyhoney.com/free-resources

💰 Money Accounts I Use
Roboadvisor + High Interest Checking Account: Wealthfront
Taxable Brokerage + IRAs: Schwab
High Yield Savings Account: Ally Bank

📚 Fave FIRE Resources
• Rich Dad Poor Dad: https://amzn.to/3smYoCJ
• I Will Teach You To Be Rich: https://amzn.to/35z2PAP
• The Simple Path To Wealth: https://amzn.to/2LlGFv5
• Quit Like A Millionaire: https://amzn.to/3sl4aox
• Mr. Money Mustache Blog: https://www.mrmoneymustache.com/
• Mad Fientist Podcast: https://www.madfientist.com/podcast/
• Our Rich Journey's Youtube: https://tinyurl.com/y9d2gyuq

🔥 ABOUT
Millennial Money Honey is my way of sharing my FIRE adventure with you. My goal is to achieve financial independence and retire early by 35 with $1.5 million dollars. By talking candidly about my own finances, I want to help you become more financially literate, grow rich, and achieve financial freedom (and retire early or become work optional). I hope to inspire you to take charge of your personal finances, whether you're figuring out how to get out of debt, learning how to budget and invest, starting your own side hustle, or on your way to becoming a millionaire. Let's be financial BFFs and talk money honey! xo

🍯 FAQ
What’s your name? Catie
What’s your instagram? instagram.com/millennialmoneyhoney
How old are you? 29
How tall are you? 5'0"
What do you do? I'm a visual designer at a big tech company

🎥 YOUTUBE EQUIPMENT
Camera: https://amzn.to/3sXP4Vt
Microphone: https://bit.ly/2PA8bXe
Lights: https://amzn.to/38lMJvF
Software: Adobe Premiere Pro
Tripod: https://amzn.to/3ehCPPo

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FTC/Affiliate Disclosure: By using these links, at no extra cost to you, I may earn a small commission, which helps me help you! xo

⚠️ INVESTMENT DISCLAIMER⚠️
I am not a financial advisor. My videos are for educational purposes and are my personal opinions only. To make the best financial decision for your situation, please do your own research and if needed, seek the advice of a fee-based, fiduciary, licensed financial advisor. All investments involve some risk. There's no guarantee that you will be successful in making, saving, or investing money or that you won't experience losses when investing.

#MillennialMoney #FinancialFreedom #HowToRetireEarly #FinancialIndependenceRetireEarly #FIRE #RetireEarly #millennialmoneyhoney

Видео How to Retire Early : Track Your Money, Find Your Savings Rate, and Cut Spending канала Catie