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You Don’t Need to Be Rich to Reach Financial Independence

JL Collins is one of the most respected authors in the financial independence community. His book, The Simple Path to Wealth, became the FIRE movement bible, giving clear, concise, easy-to-follow, and often unbelievably simple advice on achieving financial independence and retiring early. One of the most striking lessons from the book? You DON’T need to be rich to retire early or build wealth. Whether you make $40K or $400K per year, you can start building your financial freedom TODAY.

Since its publication, The Simple Path to Wealth has inspired millions of people to find financial freedom, and many who have achieved financial independence or are well on their way have been in contact with JL. In his new book Pathfinders: Extraordinary Stories of People Like You on the Quest for Financial Independence?And How to Join Them,” JL shares stories of the rich, poor, and even bankrupt readers who were able to turn their lives around and find financial freedom, no matter their circumstance.

So, if you’ve been telling yourself that you CAN’T retire early because of a low paycheck, dire financial situation, or expensive lifestyle, think again. In this episode, JL will show you EXACTLY why YOU can be rich IF you follow some simple steps on the path to financial independence!

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In This Episode We Cover

  • The simple, repeatable path to wealth that ANYONE can follow to become rich
  • How to achieve your huge retirement goals even when starting from zero
  • Why financial independence is NOT just for the rich and already wealthy
  • The lifestyle “trap” that will stop you from ever achieving FIRE
  • The problem with the 4% rule and why you CANNOT trust it for a happy retirement
  • How to build wealth when everything (and we mean EVERYTHING) goes wrong
  • And So Much More!

Links from the Show

Books Mentioned on This Episode

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Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.

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