Career & Education
Have I Reached Coasting Financial Independence at 33 Years Old with $550,000 to Make a Risky Career Switch? – Reader Question
By Investment Moats  •  March 19, 2022
Readers who have followed me long enough would know why I said the path to getting wealthy can be attributed to doing three important things right in my Wealthy Formula:
  1. Earn more
  2. Optimize your expenses well
  3. Build wealth wisely with the difference from #1 and #2
And if you have followed what I explained in my building a good wealth foundation series, you should do pretty well. So could you make a career switch to another industry by taking a much lower pay? Four years ago, I received this question from one of my users about his financial situation back then. He wrote such a long email to me that I almost didn’t want to reply to him (if you have a similar situation, you can write in as well!) My reader would like to seek employment that is more meaningful. He did his numbers and the numbers seem to tell him that he...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...

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