By Mr. FrugalEnginerds
The equation of financial independence is simple and straightforward.
Money Earned – Spending = Money Saved/Invested over time = FI
On this blog, we mainly focus on living frugally by reducing unnecessary spending. However, there is a threshold where it’s unhealthy to dip below a certain level as it starts to negatively affect our standard of living, and thus reduce our overall level of happiness. In Money Can Buy Happiness we discussed the relationship between income and happiness. We learned that the average American family making more than Continue reading “Earn more, Spend Less and Invest!”