Enhanced Dollar Cost Averaging (EDCA) To recap: EDCA is like a turbocharged version of regular investing (DCA). Instead of investing the same amount every time, EDCA changes the amount based on how the market’s doing. When the market dips, you invest more; when it’s high, you invest less. The trick to EDCA is figuring out […]
One of the fundamental principles for achieve early retirement is to increase your savings rate. One of the popular measure of your savings rate is the percentage of your income that you save rather than spend. It’s a crucial metric not only to achieve early retirement, but also to achieve other financial goals like buying […]
Early retirement might seem like a distant fantasy, but it’s a goal within reach for many. The first step on this exciting path? Tracking your spending. Many view budgeting as restrictive and boring. But here’s the truth: it’s the ultimate act of empowerment. By understanding where your money goes, you gain control and unlock the […]
MasterYourMoneySmart
MasterYourMoneySmart