Everyone wishes to get free from the daily tasks as soon as possible. Almost 70 percent of total Americans want their retirement to come as soon as possible. Well, it’s not surprising point that why everyone wants early retirement, but the sad thing is that most people can’t afford to do so. They just can’t stop working early due to financial situation, and if they do so, then their life as retiree follows the pains and tensions. So, does this mean that no one can think about early retirement? Sure No! There are many ways by which one can afford early retirement. Here is the list of best out of them.
Work a Second Job
What about doing second job along with your regular job? This idea seems to be bit unpractical, but it is not so. Little effort can make this happen. There are many people who are doing this, and thus are adding more money to their pocket. There are many evening jobs that pay $10 to $15 per hour. So working three hours more than regular work can bring handsome amount in your pocket.
Again, this is something that most of the people would not like to do. But always remember that to get something, one has to lose something. If you believe this saying, then better implement it as well. Living low does not mean that compromise with your desires, is about stop wasting the money on unnecessary stuff. You should stop the emotional spending. If you do, then stop thinking about early retirement, and keep working for day in and day out for your entire life. You are just not eligible for thinking about early retirement. You can’t afford it at all. Admit it!
Byron Simpson is a qualified business/finance writer expert in investment, debt, credit cards, Passive income, financial updates. He advises in his blog finance cent.