If you're new here, this blog will give you the tools to become financially independent in 5 years. Here's how I did it and here's a few dozen online journals from other people who are currently doing it. This is not some stupid get rich quick scheme. The method is robust and replicable (no need to win the lottery, sell your 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). This is done by running your personal finances much like a business, thinking about assets and inventory and focusing on efficiency and value for money. See this post on how to enjoy a middle class lifestyle on $7,000/year (Please read it, especially the part about the lentils!). There is a "21 day" step-by-step plan for how to get beyond 75% in the left side bar. Also, check out my answers to Frequently Asked Questions which also covers common misconceptions regarding my personal budget, blog income, retirement, marriage, children, health care, etc. I also suggest reading About ERE in the top menu bar.
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 
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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!
Permaculture articles!
