Minimize reliance on external sources of income from "summary" of Early Retirement Extreme by Jacob Lund Fisker
The idea here is to reduce, as much as possible, the need to rely on external sources of income. This means finding ways to cover your expenses without depending on a paycheck from an employer. The goal is to build up your own sources of income that are separate from traditional employment. To achieve this, you need to think creatively about how you can generate income on your own terms. This might involve starting a side hustle, investing in income-producing assets, or creating passive income streams. By diversifying your sources of income, you can protect yourself from economic downturns or job loss. Ho...
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