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.
I have been thinking about how much I make in retirement and how fulfilling it is to make a lot. It is always interesting to see what people are making, so I figured I would make a list of some of the things I make. Feel free to contribute yours in the comments.
- I make my own bread.
- I make most food from scratch.
- I make small repairs.
- I make my own installations.
- I make my own exercise plans.
- I make myself healthy.
- I make my own investments and my own plans.
- I make the roof and sides of the RV look good.
- I make compost.
- I make plants grow.
- I make some people grow too.
- I make friends.
- I make connections.
- I make sleeves shorter (or longer).
- I make plans.
- I make problems go away.
- I make things happen.
- I make things last.
- I make things interesting, also interesting things.
- …
- Also, I make the world a better place, or at least I hope so
How much do you guys make?
