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.
A landing page is something intended to hype a product and “make a sale.” Well, I just wrote a landing page for the book. It was supposed to go something like this.
- Here’s a great thing.
- It’s the greatest thing in the world.
- It’s a miracle how you’ve been able to live without it so far.
- So better get it now.
I probably didn’t do a very good job of it, but I had a bunch of fun with it.
See the result here.
And buy the book already or it will have serious repercussions such as this.
NOTE: If you’re a reseller (book store, coffee shop, cafe, shop, …), you can sign up to get the books at wholesale prices. It would be cool if you are/know someone who might be interested in pursuing this.
Don’t forget the upcoming meetup in Seattle on October 24th if you’re in the neighborhood at that time.