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.
Due to popular request, I have installed some forum software. You can get to the forums by clicking on “Forum” in the top navigator bar.
Now, I have no experience running a forum and I don’t even use them that much, so let me know about any issue you may encounter. Problems registering, suggestions for categories, …
Keep in mind that this is in the early early beta stage. I’ll change the theme, add some plugins, etc. I’m opening it [prematurely] simply to see if it works.
You can send them to jacob at earlyre… (you know, the usual address).
Update: Well, it seems to be working, so head over to the forums and ask some questions.
