Early Retirement Extreme

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

The power of metaphors

Published in November 13th, 2024
Posted by in Philosophy, Strategy
19 Comments

Snow has for some reason(*) become a popular metaphor for handling money. There’s snow flaking which involves finding money in odd places and odd jobs and using it to pay off debt. Paying off debt has been associated with snowballs and avalanches describing how it becomes easier and easier to pay off debt once the […]

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The real reason it is so easy/hard to get ahead

Published in November 10th, 2024
Posted by in Strategy
15 Comments

DW and I were talking about how personal finance can be easy in theory and hard in practice. I think the reason is that theory, like language, occurs in two steps. Passive and active. Understanding and speaking. Passively, yes, sure we understand that we should spend less than we earn, that we should save money. […]

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Entrenching

Published in November 9th, 2024
Posted by in Strategy
12 Comments

If it was not already clear, watching the Grammys showed that whoever is famous or the most popular is not necessarily the best or the most creative(*). Thus often it would seem that the only conclusive best metric of “the best” is that they have the best connections, that is, the best network either presently […]

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