Financial independence is attainable by anyone young or even middle age. The truth is older people might have already hit financial Independence without knowing or they're close to normal retirement already. My father could retire now with a few life style changes or he could retire for good in less than 5 years for example, and he's not even 60. So what of privilege, does how you were born take any role in your ability to save? In this day and age, I don't think it does, at least not the normal way. This is the second, in what I didn't think would be more than one post about anyone being able to do any of the topics on my site. Previous to this I talked about how anyone can use minimalism (look at us and our past.)
I was trying to write about why everyone should be able to reach FI when I thought about this. Then this just had to be written first. It's a short read. Look out for that other thing in two to three days. Here's the thing. I think anyone can reach FI, I really do. I think there's also a line between saving every penny you get and enjoying life. On the other hand, there are a few things that you need to stop if you really want to reach your goal. Here's a list.
It seems like you never have any money, you're always running behind. How do you catch up? Where do you begin? Everyone has been there, stuck playing catch up with seemingly no end. The good news is it always ends. You will catch back up. The question becomes, how do you stay caught up? What should you cut back on? What helps the most? I wasn't always the best at saving money. I have made my errors in the past and I have had to play catch up on bills and money. Over time I learned ways to help me save and I learned ways to help me catch up. I've gotten advice and realized what helps the most and what doesn't do anything. Here are my top ten things to do if you find that you can't keep up.