My wife and I live entirely on her teacher’s salary. We invest 100 percent of my income in our quest to build wealth rapidly and reach financial independence.

I won’t try to tell you it’s always easy. What I will tell you is that even on a modest income, you can achieve a high savings rate if you’re willing to do what “normal” and “average” people are not. For example, here’s a formula for saving $50,000 in two years on the median U.S. income.

If you’re in education and wondering how you’ll ever save enough money for a down payment,