172 | One Step Forward, Two Steps Back

Usually, financial independence is referring to "independence from current sources of income".

If your income goes up (one step forward), but your level of spending increases to meet the raise, then you are becoming more dependent on that income stream (two steps back).

If you're OK being dependent on your current income stream, then spend away!

If you're looking for financial independence, then please save some!

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173 | Long Term Planning

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171 | Patient Investing