Can someone reach FI on an avg income? Relatively frugal person, i do spend from time to time though. Recently increased my sal too

Need to see what ur age also. 50 yr old 3k w/o other savings ri think very hard. 18 yr old 3k is diff story. use calculators online to project

It is possible, but you need to start looking beyond earning jus your salary and think about multiple sources of income and building it

You need to know Where every cent goes. Always budget.

I think this is dependent on your definition of FI. To me it is about:

1. Being debt free (no mortgage or car loan)
2. Have enough savings to cover my medical bills
3. Live a comfortable retirement life (depends on your monthly expenses)

Hence, my personal goal is to have at least a million by the time I retire. You can try calculating your retirement fund with this retirement calculator so that you have a goal to work towards.