So, without any fancy preamble, here are the 7 seven steps:
| 1. Open a low-fee reputable brokerage account. |
| 2. Skim 20% off every dollar that comes your way (no exceptions) and send it to your brokerage account |
| 3. Wait till you have $1000 saved in your brokerage account |
| 4. Buy a single low-fee indexed all-world fund |
| 5. Repeat steps 2, 3 & 4 mindlessly (ideally, automate these steps) |
| 6. Get on with really enjoying life with the remaining 80% of your income. |
| 7. When 4% of your brokerage portfolio’s worth equals your base yearly expenses, then you are 100% financially self-reliant |
Simple whole food – the source of health 
Mrs HOS enjoying step 6 
Sunset over Istanbul – such a mysterious city.
Part of how we spend our 80%
NB: This post is not financial advice.
I am not a financial adviser nor do I have any finance advice qualifications.
Please do your own thorough research and/or consult a trustworthy independent financial advisor
Oh, by the way – step 6 is the most important one.
Take care and stay nice!
Phil
