Early Retirement Extreme: A philosophical and practical guide to financial independence

Which things should I own? Given these problems, things should: have the appropriate quality and a low lifetime cost. be durable. be easy to dispose of either by selling, giving away, or trashing in a responsible manner. be small and preferably lightweight. be easy to make. be serviceable locally and easy to maintain and repair, preferably by yours

The individual consumers depend as strongly on an aggregate of stores as the stores depend on the aggregate of consumers.

Also, he should acknowledge that breadth of knowledge is inherently valuable and that learning should not stop when leaving school.

another person with enough influence to facilitate a top-down approach with decrees or manifestos, the most effective change starts with individuals using a bottom-up approach. You have to become the change you want to see. You have to set an example for other people to follow. If you're not part of the solution, you're part of the problem. Unfortu

After learning a complicated subject, see if you can explain it to your mother35 or use it in an otherwise unrelated field.

Ignore most of the personal finance books out there. They only explain how to play the game by the rules. Instead, use the rules to play a different game.

To live as a free person, following lists of easy, repetitive things, possibly in return for some reward, is exactly what should be avoided. Instead, it's necessary to understand how the world works and how people have been specialized to the point of general incompetence, like ants, which only know how to do one job, but do it very well; this is n

Third, find something meaningful to do instead of work. If your work is really meaningful to you, you can keep working, knowing that you are living a less wasteful existence and that you have the financial security to leave your job at any time. The

When buying parts, tools, as well as new things, always try to get three different prices across markets (new and used) and time (do prices