“Frugalists don’t limit themselves completely, they already have fun today – just efficient.”
(Photo: geldschnurrbart.de)
Hamburg Florian Wagner was fed up with it. Get up early every morning, drive to the office, sit in pointless meetings for hours, too many meetings, a lot of wasted time. The nice colleagues and the 75,000 euros annual income did not motivate him either. “In the end, I didn’t think it made sense anymore what I was doing all day,” he says. So he quit. That was three years ago.
At that time, Wagner already had a deposit worth 140,000 euros. Today he is 34 and stands at 430,000 euros. He wants to retire at 40. Professional savers like Wagner are called “frugalists”. The trend comes from the USA, the goal: financial freedom. But how do you get there?
About a strict financial plan and one or the other career decision, as Wagner’s case shows.
Tip 1: Low risk, but invest a lot
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