The first way is the one we most often focus on: earn more money.

Get a higher-paying job to buy a nicer house, go out more, and live a life of luxury. In short, you want to earn more money to have the freedom and flexibility to live a better life.

But there’s an inverse to this idea: needing less.

Lower your expenses by moving into a smaller home, downgrading to one car, or making more meals at home. Decrease what you need money for, and you get the same effect: more freedom and flexibility, but with the money you already make.

One isn’t better than the other, but one might be easier to obtain.

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