If you're new here, this blog will give you the tools to become financially independent in 5 years. Here is how I did it and here is how I currently do it. The method is robust and replicable (no need to win the lottery, start a blogging business, or win at real estate), but not easy; much in the same way that a diet results in weight loss but is hard to follow persistently unless you set your mind to it. The key is to save 75%+ of your net income and invest it in income producing assets (bonds and dividend stocks). There is a "21 day" step-by-step plan for how to get to 75% in the left side bar. I try not to be too trite, so if I cover a topic, you will probably not see it again for a very long time, thus you may want to read the older posts here and here. Also, check out my answers to frequently asked questions and while you're at it, don't forget to subscribe to the blog via google or RSS.

Mrs Micah was kind enough to let me write a guest post at her site. It appeared today and it’s called Back to the basics for financial and physical fitness.

In other news…

Peak 2007 @ Long or short capital – a great spoof on the peak oil discussion. I would not call it a controversy being a peak oiler myself.

Who said environmentalists aren’t funny @ Money Changes Things – I sure didn’t. They remind me of a person I know .

Behold the Carnival of money stories #40. My favorite was Why am I so unpopular at christmas which I can certainly relate to being someone who gives people what they “need” rather than what they “want”.

See you tomorrow!