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Not if you are blowing all that 1M. They are living off income from dividends payout which is a legit strategy that is nothing new. Backpack travelling doesn't cost a lot of money. Article shows you the power of mastering personal finance which not a lot of people willing to learn. They'd rather be slaved to the bank. On average, out of 50 people I talk to, maybe less than a handful have any kind of savings and decent investment.
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