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 have been thinking about how much I make in retirement and how fulfilling it is to make a lot. It is always interesting to see what people are making, so I figured I would make a list of some of the things I make. Feel free to contribute yours in the comments.
- I make my own bread.
- I make most food from scratch.
- I make small repairs.
- I make my own installations.
- I make my own exercise plans.
- I make myself healthy.
- I make my own investments and my own plans.
- I make the roof and sides of the RV look good.
- I make compost.
- I make plants grow.
- I make some people grow too.
- I make friends.
- I make connections.
- I make sleeves shorter (or longer).
- I make plans.
- I make problems go away.
- I make things happen.
- I make things last.
- I make things interesting, also interesting things.
- …
- Also, I make the world a better place, or at least I hope so 🙂
How much do you guys make?
