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.
You can buy all sorts of rust removal formulas, many of which are toxic, and also cost money. However, there’s a much better method to removing rust and it involves using kitchen utensils only.
To remove rust using kitchen(*) utensils, you need
- Aluminium(**) foil.
- Oil. I think any oil will do, say, canola oil, although I must admit I cheated and used some bicycle oil, since I was cleaning a headset and didn’t feel like cooking it afterwards.
(*) If you do not know where or what the kitchen is, it is the room where your wife cooks your food. Sorry, I couldn’t resist
(**) That’s “aluminum” for those of you who still measure distances in terms of your feet.
Now crumble the Al into a ball and put some oil on the rust spot. Then use the ball to scour it off. The speed at which this works is one of the few things that justifies the word “awesome”. Then use a rag to wipe it clean.
Here’s a picture of a saddle I cleaned: left vs right.

Now, it will be impossible to remove pits and if the rust is so bad it’s flaking, there’s an easier method using garage tools and some high school chemistry. This will be covered in a future post.

Originally posted 2009-08-21 00:02:12.