Conclusions and what's next

To sum up this guide, there are multiple ways to become financially independent but there are basically two options voor 99% of the people:

Live frugal, invest for a few decades depending on how much % from your income you can invest each month
Start a (internet) business

Both options have pros and cons:

Living frugal pros	Living frugal cons
Relatively easy (don’t need in-depth knowledge about investing)	Exchanging free time for money.
You don’t need a high income	Earnings are very limited (based on time * income per hour).
You don’t need a starting amount (starting with $0 has almost no impact vs starting with $10,000)	Need to give up your dreams (you can’t spend and invest at the same time).
	Takes a few decades (even if you can save 50% of your income, it still takes 17 years).

Start a business pros	Start a business cons
You don’t need a high income (can start a website with a few $).	Depends on your determination and mindset (can also be a pro).
You potential earnings can be millions or billions	You probably won’t make any money in the first two years
You don’t need any money to start	You need to spend thousands of hours learning and failing (your free time)
You can live your dreams if successful	It’s not for everybody
Low risk, you only invest free time (when starting an internet business)

If you want to take the investing route, read the following guides in order:

If you want to build a (internet) business:

And read the bible for creating a business:

Life, Liberty, and the Pursuit of Entrepreneurship

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