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Milestone; 100% SWR

Posted: Tue May 31, 2016 1:44 am
by TheLuckyWizard
Just hit a nice low milestone the other day and I'm feeling good.

I started about 4 years ago with under €20k of salary and have been pumping most of my free cash flow into educational courses to boost my income. In the last 24 I've managed to do some career magic and had some lucky breaks moving roles and am now at €47k.

I now have a year's expenses under my belt and am in a position to increase this at a significant rate. Roll on FIRE! :D

Re: Milestone; 100% SWR

Posted: Tue May 31, 2016 3:06 am
by FBeyer
I will share an incredibly effective and time-tested strategy, introduced to me via Your Money or Your Life:

1) Start
2) Keep going

Re: Milestone; 100% SWR

Posted: Tue May 31, 2016 6:12 am
by jennypenny
That's the beauty of lowering your expenses. If you can cut your expenses in half, you'll instantly be at 50% SWR. :D

Re: Milestone; 100% SWR

Posted: Tue May 31, 2016 11:38 am
by BRUTE
awesome :) brute thinks 1 year's expenses is officially "fuck you money"

Re: Milestone; 100% SWR

Posted: Tue May 31, 2016 10:00 pm
by tylerrr
Congrats!

Re: Milestone; 100% SWR

Posted: Thu Jun 02, 2016 12:38 pm
by TheLuckyWizard
I thought of it as fuck you money with 3 months in the bank, delighted now!

:D

Re: Milestone; 100% SWR

Posted: Sun Oct 30, 2016 3:23 pm
by chol03ac
That sounds great, keep up the work :)

Re: Milestone; 100% SWR

Posted: Fri Nov 04, 2016 10:09 am
by LiberateMind
Great! Congrats