If you're new here, this blog will give you the tools to become financially independent in 5 years on a median salary. The wiki page gives a good summary of the principles of the strategy. The key to success is to run your personal finances much like a business, thinking about assets and inventory and focusing on efficiency and value for money. Not just any business but a business that's flexible, agile, and adaptable. Conversely most consumers run their personal finances like an inflexible money-losing anti-business always in danger of losing their jobs.
Here's almost a thousand online journals from people, who are following the ERE strategy tailored to their particular situation (age, children, location, education, goals, ...). Increasing their savings from the usual 5-15% of their income to tens of thousands of dollars each year or typically 40-80% of their income, many accumulate six-figure net-worths within a few years.
Since everybody's situation is different (age, education, location, children, goals, ...) I suggest only spending a brief moment on this blog, which can be thought of as my personal journal, before looking for the crowd's wisdom for your particular situation in the forum journals.
If you enjoy the blog, also consider the book which is much better organized and more complete. You can read the first chapter for free, listen to the preamble, or see the reviews (1,2,3,4,5,6,7,8,9, A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,Z). Subscribe to the blog via email or RSS. Get updates on the facebook page, join the forums, and look for tactics on the ERE wiki. Here's a list of all the ERE blog posts.
I’m making pancakes while blogging, so I figured I might as well blog about making pancakes.
Now I understand it is possible to buy some kind of mix or powder, but I don’t even want to go there. Here’s the recipe.
- 1 cup flour
- 1 cup water
- 1 egg
- 1 teaspoon baking powder
Scale accordingly and mix together: whip eggs (until uniform), whip eggs together with water, then add the flour slowly while whipping. You don’t want any flour clumps I prefer to keep my recipes very simple and adjust by feel, that is, if it looks too runny, add more flour and if it looks too solid, add more water.
I generally prefer to make pancakes using butter rather than oil and I vastly prefer cast iron pans (link to what I’m using) over teflon pans for this kind of job.
Pour the batter on the hot pan and tip it to make the batter cover the surface. If it’s runny, add more flour (next time). If the pancakes are too thick, add more water (next time). Wait until the bubbles pop, then flip it with a spatula (or in the air if the wife isn’t home). The “B-side” is done when you can move the pan cake easily around on the pan.
Originally posted 2010-07-07 19:09:25.
