Early Retirement Extreme

— a combination of simple living, anticonsumerism, DIY ethics, self-reliance, resilience, and applied capitalism

I don’t need an emergency fund, I have a credit card

Published in June 8th, 2024
Posted by in budgeting
25 Comments

I don’t have a disaster fund or an emergency fund. For emergencies, I use a credit card. Why do I do that? The reason is that emergency funds must sit in a checking account to be liquid. While sitting there they earn less than a savings account (in general) typically only a few percent. If […]

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Frugality is not deprivation

Published in August 17th, 2013
Posted by in budgeting, economy, personal finance
18 Comments

Frugality seems prevalently to be considered a form of deprivation. It is seen as something people resort to when they have no other choices. This is not how I see it. In my idiosyncratic world, which I apparently share with successful entrepreneurs and capitalists, frugality equals economic efficiency. Economic efficiency means Achieving the most output […]

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Let’s play some hockey (my guilty pleasure)

Published in August 13th, 2008
Posted by in budgeting, fitness, Personal
5 Comments

I first got introduced to hockey in phys ed. in elementary school. Our teacher handed out these yellow plastic sticks and put two mylec goals at each end and let us have at it. I saw a similar spectacle a couple of years ago. This time the kids were wearing gloves and full head gear […]

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