Published in January 14th, 2008
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I don’t have a disaster fund or an emergency fund. For emergencies, I use a credit card. Why do I do that? The reason is that emergency funds must sit in a checking account to be liquid. While sitting [...]
continue reading.....
Published in January 13th, 2008
Using body weight and leverage is possible to put stresses on the body that would correspond to a couple of hundred pounds in the gym. For strength, there is the one-armed push up and the one-legged squat as described in The Naked Warrior. The best thing about these exercises is that they can be done [...]
continue reading.....
Published in January 12th, 2008
Get a student loan. Get a college education. Get a mortgage and become a home owner. Have a career. Put 15% of your income in a 401k/IRA for 35 years. Plan to retire at 60… any of this sound familiar?
That’s because it is the standard recipe for a “successful” life in middle class America. It [...]
continue reading.....
Published in January 11th, 2008
In 2009 “TV” is scheduled to go “digital”. What this means is that the airwaves will no longer be analogue. It does not mean that everything switches to HDTV. It simply means that TVs with analogue tuners will no longer be able to receive broadcast signals which will be exclusively digital. If you have a [...]
continue reading.....
Published in January 11th, 2008
Get identical socks. First of all, they are easier to pair up after doing the laundry. More importantly though, if one sock fails you don’t have to throw out the pair or wear mismatched socks like Pippi Longstockings. Simply pair it with another sock. I don’t think you have to be a mathematician to appreciate [...]
continue reading.....
Published in January 10th, 2008
The Million Dollar Journey had an article on building a home gym that consisted of a power rack with a bench and barbell and a treadmill. While I am positively convinced that treadmills are useless, the power rack combo is one of the best solutions if one desires to focus on the three power lifts. [...]
continue reading.....
Published in January 9th, 2008
This week we have touched on the subject of how to manage finances when bringing on a minimum wage. The Great Money Challenge wrote about how to live on a minimum wage and I wrote about how to get wealthy on a minimum wage. I think the consensus around here is that while it is [...]
continue reading.....
Published in January 8th, 2008
Earlyretirementextreme.com has been growing exponentially since I registered my own domain a little over a week ago. I now have 65 subscribers (you can subscribe by choosing one of the options in the upper left) and possibly even more readers. This is fairly daunting considering the responsibility of providing useful content on a daily basis [...]
continue reading.....
Published in January 8th, 2008
I do not have any children, so this discussion will be largely academic. However, if I had children, I believe that instilling the proper financial values so that children know what to expect from money is much more valuable than a 529 plan or any kind of donation, gift, or allowance. My parents saved about [...]
continue reading.....
Published in January 7th, 2008
People keep telling me that I need at least $1,000,000 to retire comfortably. This concerns me somewhat since I don’t have one million and because it would take about 10 more years to save for one. Now, one million would throw off a cost of living adjusted $40,000 a year in capital income if it [...]
continue reading.....
Subscribe in a reader
