Tag Archives: Saving money

Red Pill Money: Saving Half Your Income


Saving half your income allows you to take time off work with no change in standard of living

Saving half your income is perhaps the most Red Pill money decision a man can make. It forces a man to abandon the prescribed lifestyle of being a consumerism-driven slave and to take control of his life and his finances, and to be very self-disciplined about both. As you may already know, having a woman in your life will often, if not always make this level of financial achievement nearly impossible because women drive 80% of spending in the American economy. They are materialistic creatures who statistically spend more money than they make.

Keeping women out of your wallet is of vital importance to this goal. Moreover, the concept of the Hedonic Treadmill means you will never satisfy her wants, no matter how much money you spend.

Here’s what’s great about saving half or more of your income. Each month you save 50% of your income, you can go a month without working and still maintain your standard of living. You can live abroad and go even longer without working since living expenses are much lower outside Europe and America. More importantly, the longer save half your income the more freedom you will have. Save half your income for a year, and you can take a year off work to travel the world or to write a novel or to roam around the country on a motorcycle with no change in the amount of money you have to spend each month.

This is not even assuming return on investment, as a large enough nest egg and low enough expenses mean you never have to touch the principal!

Extreme saving like this is sometimes called a “Fuck You Fund” as once a man has accumulated enough money he can tell an overbearing or abusive boss to fuck off. Much more than giving you leverage at work, having a large amount of money saved with low monthly overhead expenses allows you to  experience freedom as money buys freedom. Debt is bondage, which is why it should be avoided like the plague.

Here’s a novel idea for the hard-assed among us who want to be free but don’t know how.


Truckers are in demand and allow a man to become an extreme saver if he chooses

The Trucker Plan

The top excuse I hear from men when giving them this advice is “I don’t make enough money to do that.” Realize, I saved 50% of my income – making only $40,000 to $50,000 a year – which is nothing special, as it’s near and just above the median income in the United States. Trust me, it takes discipline to save when you make that amount and have bills. It takes saying “no” a lot. Your broke friends and co-workers who will spend their lives in debt bondage will make fun of you the entire time you are living this way.

But, their jaws will drop when you tell them, bye, I’m leaving to spend several years traveling the world. As Dave Ramsey often says:

That’s why, when you’re trying to move toward financial peace, listening to your broke friends is one of the worst things you can do. It’s only common sense that one of quickest ways to go broke (or stay broke) is to listen to advice from broke people—you know, like Uncle Earl and your old friend Pete. Listen to those guys and, before you know it, you’ll be invested in a pyramid scheme, leasing a BMW, and taking out a home equity loan to finance that Civil War figurine collection you just had to get.

To really make your friends’ heads explode, I have devised the “Trucker Plan” for extreme savings, designed to buy you a lot of freedom in only 5 years. Truckers are in high demand now and the job pays very well, and grtting the hired requires little more than a clean driving record and a CDL license. Swift Trucking will even give you free truck driving school. The industry is begging for drivers. A hard worker who doesn’t complain and who is willing to make the necessary sacrifices can save MORE than 50% of his income, and be making $45,000 to $50,000 a year very quickly.

My best friend has a CDL license and told me when he was driving as an OTR trucker he had virtually no expenses. He made $45,000 his first year. Imagine most of that money going into investments!

Truckers often spend 2 weeks out driving with 2 days at home at the end of each venture, so it’s a busy but adventurous lifestyle in which you are making money and not spending it. Taking this concept to the extreme, since you are home only 4 or 5 days a month while conducting your “Trucker Plan” for extreme savings, live with family or a close friend who won’t charge you much (if any) rent. Rent is obviously the biggest deduction from a monthly budget. Instantly, you have a huge boost to your overall savings potential because you spend most of your time sleeping in a truck rather than paying a ridiculous sum for an apartment that will never be yours. Again, this won’t be easy. It will be worth it.

You will be living in your truck most of the time, but you will be saving money like a fiend if you can focus and be really intense for a few years. This is a five-year plan, but it will allow a man to live abroad for a very long period of time (or in the U.S. for five years assuming 50% monthly income saved) without working at all! If a man makes an average of $50,000 a year over 5 years ($45,000 to start and $55,000 by the end) and lives very frugally an average monthly investment of $2,500 can be made.

Assuming the growth in a good growth stock mutual fund (or several mutual funds) is 12% look at what that type of money can turn into. It can be nearly $200,000 in only five years. With living expenses in Mexico, the Caribbean, and much of SE Asia at only $500 a month, a man can live very well indeed taking $1,000 a month out of his account for 200 months, which is over 16 years! This is assuming he touches the principal…which generally shouldn’t be done. At only an 8% rate of return on investment, he will have $1,300 a month before tax income! That’s a lot of money in those countries, trust me!

This idealized example is meant to illustrate two concepts.

First, early sacrifices make awesome later rewards. Financial freedom will never be achieved if a man lets women control what he spends or lusts after new cars (the worst financial decision ever) and material garbage that becomes its own special prison, as possessions are indeed a prison.

Second, with or without the Trucker Plan, a man’s goal should be to save at least 50% if not more of his income. It will afford him opportunities to do much more meaningful things with his life – write a novel, travel the world, bang hot bitches on every continent, etc. The alternative being exploited by the system with life as an interest-paying slave to female consumerism one’s entire life. I’ll pass.

I’ll take the sacrifice and the freedom-maximizing minimalism required to achieve this goal any day. The goal is to get men thinking outside the box and in original ways to maximize their lives – not to maximize the amount they spend at the mall or paying interest to a fatass banker. Do whatever it takes to save half your income. Contrary to the brainwashing of marketing flacks, it doesn’t take much for a man to live on and be happy.

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Red Pill Money: Traveling on the Cheap


Fly off to many more destinations with these money saving tips

Travel is a very important part of the Red Pill man’s life. Minimalism can help a man travel the world even on a corporate serf’s budget. There are so many appealing destinations in this world and many of them have a far lower cost of living the good life than Anglo America. Southeast Asia and Latin America are two favorites among expatriates who are looking to escape a culture in decline and nations that increasingly treat heterosexuality as a disease. But, there are many other places that the explorer type can enjoy. The world is your oyster, my goal is to help you enjoy it for less.

The good news is airfare can be bought on the cheap now, and if a man has a sense of adventure and isn’t afraid to sacrifice unnecessary luxury, decent hotels can be rented at exceptionally low rates. Personally, these are my favorite hotels to stay in, as they free up money for other fun like drinks and cigars. It’s a bed to sleep in and a shower, why turn it into an exorbitant expense?

Those are only two ways men can save big money on trips. Here 5 of my biggest travel secrets for seeing the world on a tight budget. It doesn’t take much for a man to live on, and this is also advice that also applies when a man is traveling.

When booking airfare, do it through Priceline bidding well in advance of your travel dates. Why Priceline? Using their bidding feature I have saved hundreds of dollars at a time on flights. Think of all the other sites (and even Priceline when your not bidding) as paying retail price for flying. Priceline lets you knock a little off retail by bidding. The site says it can save you up to 40% off retail through bidding, but in my experience savings have more realistically amounted to 10% to 20%. Name Your Own Price bidding will definitely save you significant money in most circumstances. Also, Priceline’s layover rules mean you’ll get reasonably timely connections with no overnight layovers.

Don’t book a hotel at your destination for more than one or two nights online. Online hotels will always have higher rates than the local, unadvertised hotels. Be willing to look for bargains, and don’t be scared to stay in a hotel that doesn’t look like the one in a brochure. I have traveled extensively in Latin America and Southeast Asia and clean hotels with running water (and often LCD TVs) and either a fan or air conditioning (depending on how hearty you are) can be rented for between $7 to $15 and up to $25 a night. Most of these businesses operate on a cash basis which is definitely in the “pro” column. Who needs to fill out paperwork for a freaking room?

Street food. Don’t let uppity people tell you food poisoning myths and convince you street food is dirty. I have been eating “en la calle” (in the street) for years and have never had a bad experience. Better yet, the food is usually better tasting (to me) than in the restaurants that have a lot of overhead expenses people who sell in the street don’t have. In Mexico, one of my favorite meals was tacos from the street vendors, they’re absolutely spectacular if you find a good vendor. The key: find one that is doing a lot of business. If a lot of people are buying there, it means its safe and probably delicious – as well as dirt cheap. And, unlike restaurants street vendors prepare the food right in front of you for bargain basement prices. This is one of the biggest ways to save.

Get Skype calling or TextNow to call – and text – your friends back home. WiFi is pretty much ubiquitous worldwide, so there’s no reason to be gouged with high international calling and texting rates. With TextNow, I bypass the cell carrier game and call home regularly for FREE as well as text all day long for FREE to my friends back in the States with only a $27 a month Mobile WiFi connection. There is truly an app for that when it comes to big savings on communication.

Avoid the “gringo” tourist areas. The islands of Western style consumerism abroad are designed with American women and their Beta walking wallets in mind, and are nothing but money traps. Venture away from the areas with lots of gringos around to get the best rates on everything from beer to food to hotels. Safety is usually brought up by critics at this point, which only tells me how woefully socially conditioned most people are. Sure you don’t want to wander down a dark alley at 3 a.m. but you wouldn’t do that in any city in America, either. Getting away from the gringos who only want to shop, eat, and consume is one of the best ways to really experience your destination. It also is a good way to get into the seedy underground if that’s your bag. To me, that’s when the real fun begins on a trip.


Money buys freedom – so hold on to as much of it as you can when traveling


These tips are designed with the minimalist, thrifty, and hearty male traveler in mind. Even though I normally keep a lot of money in my main checking account, the “game” for me is seeing how much bang for the buck I can get by taking advantage what’s available while helping the locals out instead of enriching some faceless, monolithic CEO who threw up a pretty box for people to wander into. Using these five tips will save you hundreds if not thousands of dollars depending on how long your vacation is.

Money buys freedom – and nowhere is that truer than when traveling – a maxim men everywhere should take as the gospel. You spend a lot of time and went through a lot of pain earning your money, so I don’t know why you wouldn’t want to maximize it. These five easy steps have become a sort of rulebook for me as a traveler, and have certainly provided me with far richer travel experiences and saved me tons of cash versus seeking out the islands of materialism and consumerism I wanted to leave behind in the first place.

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Red Pill Money: Designing a Zero-Based Budget


The zero based budget forces men to know where their money is going

Spending all your money on paper on purpose is crucial to gaining financial control and advancing your personal goals as a man. Even though nobody likes doing a budget, having a game plan and keeping track of where every dime of your money is going will be a powerful tool. If you make $2,500 a month, develop a plan to know where every bit of that money being spent to avoid becoming one of the two-thirds of Americans living paycheck to paycheck, dependent on employers who are becoming increasingly disloyal and ungrateful to their employees in the “new economy” of the 21st century.

Looking out for number one makes good financial sense and it is also a masculine trait. Businesses often use zero based budget, and financial author Dave Ramsey explains why it is so important:

The point of a zero-based budget is to make income minus the outgo equal zero. If you cover all your expenses during the month and have $500 left over, you aren’t done with the budget yet. You must tell that 500 bucks where to go. If you don’t, you lose the chance to make it work for you in the areas of getting out of debt, saving for an emergency, investing, paying off the house, or growing wealth. Tell every dollar where to go.

I only wish I had someone to tell me all this when I was a young man instead of learning it through the school of hard knocks. Anyway, here’s how you or another Red Pill man you know who’s not budgeting yet can get started.


The guilty pleasure of strip clubs – if you go there to have a beer and mess with women’s minds once in a while, write it down in your budget

Four Basics of Budgeting

Here are the four basics of each zero based budget:

Spending. If it’s a recurring monthly expense or a bill coming in the mail each month, it needs to be written down on paper. The object is to make “overhead” i.e. fixed expenses like rent, electricity, transportation expenses, etc. as low as possible and the amount left for saving and investing as large as possible. These expenses come first on the zero-based budget. After budgeting for fixed expenses, think of everything else you spend money on from eating out to groceries to entertainment to beers at the bar, then budget for each expense. Set a fixed amount for each expense. Then, obey the money rules you’ve laid out.

Stick with the Plan. Dave Ramsey recommends a cash envelope system with each monthly expense written on the envelope. Place cash in each envelope, and once the eating out or drinking at a titty bar budget is spent for the month, you must not violate the plan. Keep long term goals and financial freedom in mind.

Saving. If you save 25% of your monthly income, for every 3 months you work you can take a month off and not have any noticeable change to your lifestyle. For every 50% you save, you can work 6 months out of the year and take 6 months off with no noticeable change to your lifestyle. Of course, these models are highly simplified and only intended to illustrate the power of saving and the power of having expenses under control. The more you save, the more in control you will be and the more options you will have. As you amass a fat bank account, you will begin to think about money differently. Rather than seeing it is a palliative to relieve short-term stress like most sheeple do, getting paid on Friday and being broke by Monday, the Red Pill man thinks in terms of how he can make his money work for him.

Investing. Depending on your plans, i.e. dedicating a good part of your life to the labor market, or working aggressively towards a leisure lifestyle, or pursuing other goals than life on the corporate plantation, you can invest a little or invest a lot. As Einstein said, compound interest is the most powerful force in the universe. Say you make $3,000 a month and you life a minimalistic, frugal lifestyle and save half your salary every month without fail for 5 years. Putting the money in a good growth stock mutual fund means you will have $128,000 of freedom in only 5 years. Even if you don’t invest another dime after aggressively building up a 5-year nest egg, in 10 years that money could be worth $225,000 of freedom. This assumes a better than average return of 12%, attainable if a man is wise and does research.

Just because you’ve made a great plan doesn’t mean rainy days won’t come around to piss all over you. Financial blogger Trent Hamm helps men plan for inevitable setbacks and challenges along the path to financial freedom.

Budget for everything: Creating a zero-sum budget will only work if you are willing to budget for everything – even things you wish you didn’t have to budget for to begin with. When writing out your monthly budget, make sure to include all categories where you spend money. Doing so is the only way to ensure success!

Overestimate variable expenses: Variable expenses can be hard to estimate at times, especially when it comes to costs that fluctuate – things like utility bills and gas usage. With these items, I tend to err on the side of caution. If you overestimate how much you will spend, you can always transfer any “leftover money” to savings at the end of the month. Likewise, you can use it to take care of overages in any other category.

Track your spending once per week: Your new spending plan might take some time to get used to, but it will be easier to adjust if you’re able to track your spending as the month progresses. For example, your new $600 monthly grocery allowance will be easier to swallow if you check your statements to see where you’re at at least once per week. Checking in frequently with each category will help you discover how much you have left to spend.

Prepare for setbacks and adjustments: Your new zero-sum budget might go off without a hitch, or it might be a total nightmare. Either way, it’s important to know that you’ll likely need to adjust and readjust your spending for categories as the months progress. For example, you might think that a $500 food budget is entirely feasible, but find out that it is completely impractical in real life. When those things happen, make a note of it and change things up for the following month. Your zero-sum budget can evolve as you go: It should work as a tool to help you track your spending, but it shouldn’t be too restrictive.

The idea behind zero based budget is knowing exactly where your greatest wealth and freedom building tool – your income – is going each month. Keeping women out of your wallet is also key to this plan, as they’re insidious materialists powering 80% of the American consumer economy. You’ll never satisfy them by getting on the Hedonic Treadmill and running as hard as you can, and even if you could it only turns you into a weak Beta provider in their eyes.

Our goal is to give men power over their lives, their romantic interests, and their finances. Get started on your zero based budget today with a good old-fashioned pen and piece of paper, or there are apps for that. A budget is the linchpin holding everything else in a man’s life together. Ignore it at your own peril. Use budgeting to gain money, status, and power to torment women with someday, or to live the IDGAF MGTOW lifestyle.

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Red Pill Money: Simplifying Your Finances


Getting and staying debt free is of critical importance to the Red Pill man or MGTOW

Minimalism can help your financial life in many ways. By minimizing expenses, a man’s investment potential and freedom are maximized. The simplest truth is a man must control his money or his money will control him. As Charles Dickens wrote in David Copperfield: Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery. Unlike government, a man must balance his budget and keep it balanced.

A man must put his self-interest above all others in order to win with money. Here are several ways you can maintain a balanced budget by cutting down on the clutter and minimizing overhead. Perhaps the most important concept illustrated by all these tips is the power of the word “no.” These steps also help reduce stress and waste of the most valuable wealth building tool a man has – his income.

1. Get out of debt and stay out of debt. Remember, debt is slavery. With no payments and no due dates a man has much less to worry about. A lot of debt is a serious source of stress. After eliminating debt, the money that was going to service interest and payments every month can then be stockpiled in bank accounts and invested in everything from mutual funds to bonds. Cash can then be paid for large purchases. Additionally, men are much more careful when they spend money they spent time saving rather than money they borrow. There is nothing more important than staying out of debt to retain control over your financial life.

2. Pay cash. This doesn’t mean walk around with a wad of $100 bills in your wallet. But, studies have shown people have emotional attachments to cash they don’t have with debit and credit cards, and spend less when they’re spending cash! A debit card with a Visa or MasterCard logo works exactly the same as a credit card. When making purchases, press “credit” even though it is a debit card and you will receive the same protection against fraud as credit card holders since the transaction will be processed through the Visa or MasterCard network.

3. Purge monthly subscriptions. Be ruthless, as monthly subscriptions can be real money suckers. Tally up how much is outgoing each month on things like music app memberships, Netflix, and other “vampire” expenses that are slowly sucking the life blood out of your finances.

4. Turn off your TV. Those who watch a lot of TV are statistically proven to spend more money on consumerism and more money eating out. Why? Because that’s all television is, a clothesline to hang up consumer and restaurant advertising in between poorly produced, culturally degenerate programming. Few people realize the insidiousness of television, and many think they’re immune to its effects. But, television is a powerful medium and it puts fantasies into people’s minds that make men spend money or it wouldn’t be in business.

5. Eliminate credit cards. This is a controversial one for some, but I have been living without credit cards since 2010 while traveling the world and have never had a problem. Many men try to justify keeping a credit card in their wallet for the rewards, but as Dave Ramsey says, when is the last time you met a millionaire who said they got all they have through rewards programs? Moreover, the concept behind rewards programs is the bean counters who designed them did a cost-benefit analysis for the credit card companies and they know people spend more money with rewards credit cards than they do with others. This defeats the entire purpose of having “rewards” if it makes a man spend more money chasing a carrot at the end of a stick. Debit cards now do everything credit cards do, except putting men into debt bondage.

6. Watch little expenses. A daily trip to Fivebucks for a coffee-themed milkshake might not seem like a big deal, but if a man buys a $5 cup of coffee every day that little splurge soon turns into a fat $180 a month expense. Similarly, app purchases and other little dings to your bank account can quickly turn into huge dents when going over income and outgo each month. Eating at home rather than eating out all the time is another way little expenses can be throttled back so a man has more of the one thing that buys freedom in this world – his money.

7. Sign up to stop receiving unsolicited credit offers. Keep business out of your credit report and from sending you tempting offers to take on debt slavery by visiting OptOutPreScreen.com to opt out for five years online. You can also opt out permanently by printing, signing, and mailing a form available on their web site. This will stop those endless and annoying credit card offers as well as other solicitations to move a man in the wrong direction – away from building wealth and towards building debt.


Staying out of Fivebucks and other corporate food and drink joints can save a man big money

Be in Control

These steps give a man seven concrete ways to make positive financial changes in his MGTOW or Red Pill life, beyond eliminating or vastly reducing the amount of money spent on women. (Usually cheaper to rent than to own when it comes to women, or Game her if you like playing the role of the clown.) Remember, the system that has been buttering you up with advertising and hyperbole your entire life is only a parasite wanting to take advantage of you and put chains of bondage on you with endless monthly payments. It wants you to power its profits no matter the personal cost to you. Remember this sage wisdom from Dave Ramsey:

You must gain control over your money or the lack of it will forever control you. When you think short term, you always set yourself up for being ripped off by a predatory lender. If the Red-Faced Kid – I want it, and I want it now! – rules your life, you will stay broke!

Don’t be one of the 2/3 of Americans acting like the Red-Faced Kid, living paycheck to paycheck with no plan and no idea about what is being done to them. Get in control and stay in control of your finances. The rewards will far outweigh the sacrifices.

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Debt is Dumb, Cash is King


You must get rid of credit cards if you want to live a lifestyle of freedom

Only a few short years ago I was drowning in debt like the average American. Two-thirds of the public lives paycheck to paycheck. The majority also does not have $1,000 in savings in case there is an emergency, but many have a large screen TV that costs that much. And most people’s worst fear is a job loss.

As the Great Recession came along and nuked any remaining loyalty I had to my employer when he started treating me like a number instead of a human being, I realized things had to change. Here I had this wonderful, magical piece of paper called a college degree and my employer didn’t seem to give a damn anymore. It was the magical piece of paper I was told by the state education system would be my ticket to a prosperous future, now rendered practically Worthless in the modern economy.

I started to realize I just wanted to be free and didn’t want to play financial games with money coming in and money going out every month while I remained chained to my employer.

Extricating Myself from the Web of Debt

I was up to my neck in bills which I will readily admit that was my own fault, as Larry Winget points out in You’re Broke Because You Want to Be. Desperate to find a solution to a growing debt problem and an unreliable job, I went to the library and stumbled on a book by a guy named Dave Ramsey. I had never heard of him before, but his book seemed different than all the others. It wasn’t promising get rick quick nonsense. No, his methods were hard-assed, old fashioned common sense. It is the same brand of real talk Dave uses on his nationally syndicated radio show.

His Baby Steps will get you out of debt but they take time and they are not easy to do. They require lifestyle changes. For me, I had to flush the sewers of consumerism and conspicuous consumption out of my mind. I also had to break the nasty habit of using credit cards and start paying with cash. Yes, cash for everything. That was a huge and difficult change for me but it has led me to a much better place in life and it will do the same for you.

I had to get rid of car payments. I had to stop keeping up with the Joneses. But you know what – it was worth it. I was ridiculed for living on nothing by a good many people. But I get to laugh last because those same people are still going in to kiss the ring of their master every day while I have the freedom to do other things in life.


Breaking free of the bondage of debt can be done with baby steps

Baby Steps

If you check out Dave Ramsey’s plan, here is what he proposes. (He also suggests some good old fashioned rice and beans minimalism, which is a great step in reducing your food bill.)

  1. Rake up $1,000 to start an Emergency Fund
  2. Pay off all debt using the Debt Snowball method
  3. Put 3 to 6 months of expenses in savings
  4. Invest 15% of household income into retirement
  5. Save college funding for children
  6. Pay off your home early
  7. Build wealth and give!

It is a solid plan for the average married couple of the 1950s. However, thanks to Cultural Marxism and the HUGE legal risks involved with a feminized, misandrist family court system, marriage in Anglo-America is not advisable and men are understandably going on a marriage strike.

For the man who wants to extricate himself from a system that abuses him, a mortgage is also not recommended. It is debatable, but to me a home is a huge albatross around a man’s neck. Especially the sprawling McMansions that women want to impress their friends with. Better to rent and invest the rest, in my opinion. The days of sticking with the same employer until retirement are long gone, so chances are you will have to relocate and sell your home even if you decide not to travel the world as I have. Therefore, here is my revised version of the Baby Steps.

  1. Rake up $1,000 to start and Emergency Fund
  2. Pay of all debt using the Debt Snowball
  3. Save 25% to 50% (or more!) of your income by living a minimalistic lifestyle
  4. Invest a large portion of your savings in mutual funds
  5. Develop a plan to work abroad or grow a passive income
  6. Work as necessary and travel the world

As I have pointed out in previous posts, I realized my dream of living abroad where the women are of higher quality and there is more freedom. My monthly cost of living in the Caribbean comes out to around $450. You only need save $5,400 to take a year off work and enjoy the beaches, boozes, and bitches of many a nation. (This will become an increasingly powerful motivator if you start to travel. Travel is a very eye-opening experience for the single man.)

One of the main excuses I hear from people who study Dave Ramsey is, “But I’ll always have a car payment!” No, you need a Dave Ramsey beater car, or as I did buy a classic that you won’t be sick of in a few years and drive it forever. I bought a 2001 Firebird Formula back in 2009 and I am still driving that car to this day.

Because I learned some basic auto mechanics, rented cars for trips, and supplemented my daily commute with a low-cost ($2,000) motorcycle to save on miles and wear and tear on the car, I was able to amass enough money to liberate myself and run off to the Caribbean to try something new.

Your dreams may not be the same as mine, but the point is I know you have a dream and as we are about to see, money will buy you the freedom to realize it.


Get your wallet out of the vice grip by getting and staying out of debt

Debt Is Slavery

The most important takeaway from Dave Ramsey is his motto: Debt is dumb, cash is king. Treat it as a financial commandment.

Another Recommended Read which takes this thinking to the next level is Debt Is Slavery by Michael Mihalik. It is a powerful book written by an engineer who also decided to free himself from debt servitude. Each chapter reads like a phrase that should be chiseled into a stone tablet:

  1. Debt is slavery
  2. Time may not be money, but money is definitely time
  3. Possessions are a prison
  4. Be aware of the ongoing campaign to separate you from your money
  5. Money buys freedom (Very important concept!)
  6. Don’t sell your soul for a salary
  7. Own
  8. Spend less than your earn by controlling your expenses
  9. Save 50% of your salary
  10. Control your money or your money will control you

Debt Is Slavery details each of these financial commandments in a concise way. It is a quick read, but as the minimalists know sometimes less is more. There is no need to bloviate as many books do. As Einstein said: If you can’t explain it simply, you don’t understand it well enough.


Climb the mountain of financial freedom one baby step at a time

Financial Freedom

Once you have realized a debt free lifestyle, you may be like me and never see yourself going back into the prison of debt servitude again. There is no comparison to being in control, rather than powerless to stop running on a financial hamster wheel.

Money is freedom, a fact modern man has forgotten. Look at it this way: Would you feel freer with a $20,000 car you have to make monthly payments on or $20,000 cash in the bank do anything you want? Never trade freedom for possessions. Posessions become their own prison.

Some people go through the most incredible mental acrobatics to avoid the harsh truth pointed out by these financial authors, but getting yourself out of debt and staying out of debt will never steer you wrong. It can be done.

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