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From Early Retirement Extreme - view blog entries - visit this blogFebruary 8, 2008 at 9:52 am ET
Thanks to the Superbowl there has been a lot of comparison between football and personal finance. Now whereas football is a game where a bunch of girls wear protective padding and slap each others’ butts, ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 7, 2008 at 9:39 am ET
As someone who has lent out over $12,000 over the past 1.5 years here is what I prefer to see in a loan request before I bid.
Be accountable! The original idea with peer to peer ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 6, 2008 at 9:49 am ET
You need a bag of mealy potatoes, an onion, some eggs, and a ton of cooking oil. This will basically be a meal so full of fat, starch, and cholesterol that you’ll be able to ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 5, 2008 at 10:37 am ET
Frugal for Life recently posted a big list of tips to save money and The Family CEO posted list of 25 things I do to save money, so I figured I would make my own ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 4, 2008 at 9:43 am ET
A few days ago I heard the recession word used for the first time as in “we are now in a recession”. The real question is whether this is going to be a short one ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 3, 2008 at 10:38 am ET
The Master said: “Ci, do you regard me as someone who learns much and commits it all to memory?”
Zi-gong replied: “Yes, are you not?”
The Master said: “No, I use one string to tie it all ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 2, 2008 at 2:00 pm ET
This week it finally stopped raining for long enough to play the second hockey game of the year. This was a pickup game which unlike a league game is not optimal for a center-forward since ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 2, 2008 at 10:07 am ET
Economically speaking, the government is a zero-sum game that takes money from one group and distributes it to another group with the intention to somehow improve the world. For instance, when the government engages in ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogFebruary 1, 2008 at 10:12 am ET
On Friday December 28th 2007 I decided to move from blogspot to my own domain after having blogged for about 3 weeks. During the following month subscribers increased from 27 to 176 and I reached ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 31, 2008 at 9:46 am ET
Step one: Figure out what you need
When I was single, I eventually figured out exactly what I needed (see my minimalist kitchen post for details) to cook my food). Since getting married it is clear ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 30, 2008 at 10:20 am ET
The following is a list of the things I’ve learned during my first 30 years about how to live a good life.
Take it for what it’s worth.
1) Decide what your priorities are
Your main priorities are ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 29, 2008 at 9:40 am ET
Blogging has no threshold to get started. There is no need for a degree to apply, nor is advancement determined by “unionized” seniority. This means that there is little initial investment needed to get started ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 28, 2008 at 10:14 pm ET
Today I went to my new dentist for the first time. I was pleasantly surprised since they did not seem to have a ton of fancy gadgets in their clinic. This generally means that they ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 28, 2008 at 9:56 am ET
“Are your sofa and TV your best friends? You could change that. … . You can break free from the clutches of society and live well on a very modest amount of ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 27, 2008 at 10:43 am ET
First a note on safety! When ordinary people starts telling me that what I’m doing looks “unsafe”, I just know that I am doing the right thing . Forsooth, something is only unsafe if ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 26, 2008 at 9:22 pm ET
The heating strategy we recently implemented decreased the utility bill by $30 compared to last month. This is promising. Not only did we not use this strategy for the full month. It has also ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 26, 2008 at 10:30 am ET
Being poor or unable to get credit 100% of the expenses must be covered with wage income. Schematically the cash flow looks like this
Thus you put your time into your work which gives you a ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 25, 2008 at 10:11 am ET
One popular psychological strategy is to set small goals or start slowly. This strategy usually fails from the lack of meaningful progress despite having achieved several small goals(*). There is a good reason for this. ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 24, 2008 at 9:59 am ET
In the past few weeks I have written a lot about about wealth and how I became financially independent (part I, part II, part III, part IV). One of my posts, Stranger in a Strange ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 23, 2008 at 10:39 am ET
It is times like this when the markets are falling almost on a daily basis that I remind myself of why I invest. I invest for the following reasons.
The main reason is to provide an ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 22, 2008 at 11:01 am ET
Financial planners universally use a rule of thumb that you can deduct about 4% of your retirement account annually without compromising your principal(*). With a retirement account of $1,000,000 you can therefore spend $40,000 a ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 21, 2008 at 10:48 am ET
I came across this tool for calculating the worth of your blog. I got $15000 which is not bad for 6 weeks of writing. I’m not sure exactly how this is calculated though. Is this ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 20, 2008 at 10:17 am ET
Sometimes I’m accused of being cheap or living in squalor because I prefer to ride a bike, eat at home, and because I generally don’t buy very many things. This does not sit well with ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 19, 2008 at 7:43 pm ET
Plonkee presents carnival of personal finance: photo quiz edition. For me the most useful contribution was A Frugal Person’s Guide to Fair Tax. Fair tax is a 28% consumption or sales tax with credits an ... ( more)
From Early Retirement Extreme - view blog entries - visit this blogJanuary 19, 2008 at 10:59 am ET
With the thermostat currently sitting at 55F(*), we hope to save a pretty penny this winter on heating - in fact, it’s been several days since the AC last switched on. Wearing layered loose clothing ... ( more)
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