Retiring early in your 20s may seem like an impossible dream for many. However, Daniel George, a 30-year-old from India, has defied all expectations, achieving financial independence while others are still climbing the career ladder.

While his path is unique, it offers essential lessons for anyone looking to break free from the traditional grind. Here are five key principles that helped George achieve such an extraordinary milestone.

1. Choose cost-effective education

Coming from a humble background, George made a crucial decision early on that would shape his financial future. Instead of opting for an expensive international education, he chose to pursue a high-quality but cost-effective degree at the Indian Institute of Technology Delhi.

This smart choice helped him avoid large student loans and graduate debt-free, freeing him from financial stress from the start.

He then pursued a fully funded PhD in the United States, proving that even higher education can be debt-free if planned wisely.

2. Start investing early

George started his investing journey during his PhD when he earned extra income. Understanding the potential of the stock market, he spent a significant portion of his income on investments, focusing mainly on emerging sectors such as technology.

His disciplined strategy of living on less than 15% of his income and consistently investing the rest fueled his wealth accumulation. This highlights the incredible power of early investing and the magic of compound interest.

3. Maximize income in high-cost cities

While many people shy away from high-cost-of-living cities out of concern about financial stress, George takes a different approach.

By working in big cities like New York and San Francisco, he has the opportunity to earn higher salaries while keeping his living expenses to a minimum.

Once he had accumulated enough savings, he moved to a more affordable location, which significantly increased his purchasing power and quickly achieved financial independence.

4. Master Salary Negotiation

One of the most important strategies George used was honing his negotiation skills. By skillfully negotiating salary packages and taking advantage of competing job offers, he was able to significantly increase his income.

For example, when negotiating for a role at a top financial firm, he successfully doubled his initial salary offer. This tactic played a key role in his journey to a speedy retirement, proving that knowing your worth in the workplace is essential.

5. Share your financial goals with your partner

George's financial success was not achieved alone. His partnership with his wife, who shared his financial ambitions, was key.

Both are highly skilled in machine learning, pursue a minimalist lifestyle, and value meaningful experiences over material gains.

Their shared commitment to these principles has allowed them to work together on their journey to financial freedom, illustrating the power of working with a partner who shares your financial values.

By applying these strategies, Daniel George was able to retire early, proving that financial freedom is within reach if you are strategic, disciplined, and consistent with your goals.