
Set for Life: An All-Out Approach to Early Financial Freedom

Instead of seeking totally passive income, investors should seek investments that produce large amounts of income with relatively little work. They should look for opportunities to solve problems in return for large savings or revenue opportunities,
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Don’t be that brilliant young professional who contributes greatly to an organization yet buys themselves into a lifestyle where they are incapable of pursuing any dreams beyond those of the next rung on the corporate ladder. Don’t become dependent on a standardized career track with predictable earning increases. Don’t wake up in five years and re
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The threshold to be in the top 1 percent was about $600,000 per year, according to a SmartAsset study in 2022.18
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Benefits are nothing, nothing, in comparison to the opportunity to scale and to bet on yourself. Benefits are one piece of the puzzle when selecting a job. Understand their purpose. Their purpose is to attract you to the job and keep you satisfied enough to stay as long as you are needed.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Remember, the goal isn’t to earn more money immediately but rather to pursue opportunities that offer you the ability to rapidly and consistently scale far beyond your current level of income, helping you to reach your financial goals far sooner than you might otherwise be able to.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Those who fail to house hack are missing out on perhaps the most powerful wealth-building tool available to ordinary Americans.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Living in a cheap apartment convenient to your workplace is the most important thing you can do to start saving money. No other single change will have a bigger impact on your spending,
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Much like frugality, increased earning potential must be pursued by dissecting one’s resources and ruthlessly cutting out the fat.
Scott Trench • Set for Life: An All-Out Approach to Early Financial Freedom
Play a game with your career that offers the possibility of a win for you. Just be ready (mentally and financially) to accept that with a chance to win, you may also have a chance to lose—earning little to nothing despite your best efforts.