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 just watched this genius(*) movie for the first time after having borrowed it from the library. You may be able to watch it for free here.
(*) I like to believe I don’t use that word lightly.
The movie has no dialog and no plot but a powerful message which is achieved by using different time and dimensional scales (something I got used to in my professional career which might be why this works so well on me) to put humanity in context to the planetary timescale, mostly the atmospheric timescale which runs about a thousand times slower than human life does. From this perspective human life begins to resemble that of a of an insect colony, human motion becomes the blood vessels of a super organism which is technology society that spreads like a cancer (or a mold) on the surface of the planet. Humans are organized very similar to how components are organized on a microchip. This leads us/me to consider whether these are natural patterns, specifically whether anyone is in charge of whether technology just works the same on different scales (it probable does). Then if this is indeed true who do we really serve when we go on about productivity and quotas; is me pumping out blog posts really that much different from a NAND-gate doing its thing in a computer? Who serves who?
Note that Koyaanisqatsi has two sequels.
I got mentioned in
this post over at
Canadian Dream: Free at 45 today.
Originally posted 2010-03-22 21:38:39.