The fundamentals of personal finance are pretty simple: spend less than you earn, save the rest, invest in low-cost index funds, and always consider the costs vs. benefits of your actions. A while back, Jacob at Early Retirement Extreme put a fresh spin on the consequences of “spend less than you earn and save the rest” that I found irresistibly compelling.

If you live off of X% of your take-home pay while saving the rest, you can take (100-X)/X years off of work. Ignore the algebra for now and take a look at some examples below.

More practically:


Continue reading on the Our Take on Freedom blog

Comments by other travellers

There are no posts. Why not be the first to have your say?

Post a comment

I want to
My comment - optional
Rating - how would you rate this place or experience?

About this author

  • Jay & Amy

    We are a young, married couple at the beginning of a unique and exciting journey in lifestyle design. At only 24 years old, a r…

Also by this author

  • Cabrera

    Our resort borders the small town of Abreu. West of Abreu is Rio San Juan, the fishing village which we wrote about previously, and east of Abreu is Cabrera.

Latest travel blog posts