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Automating your savings and investments can help stay on track from "summary" of Playing with FIRE (Financial Independence Retire Early) by Scott Rieckens
Automating your savings and investments is a crucial step in achieving financial independence. By setting up automatic transfers from your checking account to your investment accounts, you ensure that a portion of your income goes towards your future financial goals before you even have a chance to spend it. This not only helps you save consistently over time, but it also removes the temptation to spend that money on unnecessary expenses. When you automate your savings and investments, you create a system that works for you without requiring constant monitoring and decision-making. This can be especially helpful for th...
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