![]() Living below your means is key to achieving financial independence He told Insider it's the one personal finance book that had a big impact on him - and the one book he'd recommend to everyone who wants to achieve early retirement. Adcock previously told Insider the fund helped them maintain their standard of living without selling a share of stock.īut the couple may not have been so well prepared for the ups and downs of financial independence if Adcock hadn't read " The Millionaire Next Door" by Thomas Stanley and William D. In March and April during the Covid-19 market crash, they lived off a $100,000 emergency fund they saved before retiring that's separate from their spending money and long-term investments. They've since moved into a solar-powered home off-the-grid in Arizona. By 2018, they were self-made millionaires and full-time travelers running a YouTube channel chronicling their adventures. ![]() They had saved $900,000 between long-term investment accounts and short-term savings andĬhecking accounts. In 2015, he quit his job in information technology sold all of his possessions, including two homes and bought a 200-square-foot Airstream trailer to travel the US full-time with his wife. At age 35, Steve Adcock was ready for a new kind of American Dream.
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