Try saving enough to replace your salary
I recently found an interesting blog about saving and how we all seem to focus on a big lump sum, a huge pile of cash, when we think about savings but especially in relation to retirement or financial freedom.
This blog by Monevator.com explores the idea that we should really be thinking about replacing our salary with an income, because it’s that income that will enable us to retire or become financial free, i.e. not have to work!
I think Monevator.com has a point, replacing a salary is a realistic goal for many of us. Most ‘ordinary’ people don’t get the chance to make investments because we simply don’t have the cash. But the blog explores good ideas and makes you think about it…>>Click here to take a look>>
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