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Burn Rate
The rate at which you spend money. Know your number. Freedom is the gap between what you earn and what you burn.
Example: If you spend $4,000/month, that's your burn rate. Earning $5,000/month gives you $1,000 of freedom. Earning $4,000 gives you zero.
“Know your burn rate.”
— Jack Butcher
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Know Your Burn Rate →
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