A 36-year-old New York lawyer who makes $270,000 says he lives off rice and beans so he can save 70% of his salary — and he's part of a growing movement pinching pennies to retire early
A Manhattan corporate lawyer earning $270,000 a year told Suzy Weiss of The New York Post he lives on rice and beans so he can retire early. He's one of an increasing number of millennials trying to join the FIRE community, Weiss wrote. Successful early retirees have told Business Insider they stayed on track for financial independence by living on less. Frugality is the key to building wealth. Visit BusinessInsider.com for more stories.
Some people will do anything to escape the rat race.
Just ask 36-year-old Daniel, a Manhattan corporate lawyer earning $270,000 a year, who told Suzy Weiss of The New York Post that he lives in New Jersey to avoid city taxes, lives on rice and beans, owns one patched-together suit per weekday for work, and layers up during the winter instead of turning the heat on — all so he can save 70% of his salary and retire early.See the rest of the story at Business Insider
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