I finally finished reading “The Millionaire Next Door” by Thomas Stanley and William Danko. Early this summer at a garage sale in my neighborhood I got a copy of the first original edition from 1996:
And I say “finally finished” because it was hard to go through it, I was a bit disappointed but I still got a few good things out of it (details towards the end). Continue reading “The Millionaire next door (book review)”
Just finished reading “Your Money or Your Life” (1992), by Joe Dominguez and Vicky Robin:
I first heard of the book last year from the Mr Money Mustache site and then from many other sources in the financial independence movement. It turns out 2017 is the 25th! anniversary of the book, and the authors had been organizing seminaries and workshops for years before the book, so this “thing” has been going on for a long time.
Continue reading “Your money or your life (book review)”
Years ago Scott Adams, author of the Dilbert cartoon, was thinking about writing a book on personal finance. When he was doing the research for his book he realized that all one needed to know and do to stay in financial shape actually fit in one page. Only nine things. The plans for the book fell through (because, reportedly, no publisher was willing to endorse a one-page book) so he weaseled-in his inmortal plan into this other multi-page book:
I read his 9-points years ago and just reviewed them to “sanity check” my plans and to see if they added anything to someone pursuing financial independence (FI), someone like me.
Continue reading “Dilbert’s nine-points financial plan, revised for early retirees”
I am of course paraphrasing the very famous Stephen Covey’s book, method, movement, cult, etc.
As part of the personal development curriculum offered by my employer years ago I took a “Seven Habits” class, a week-long class I believe. I really liked the class, and found many concepts sensible and useful but, as with most such classes, I probably didn’t use much of it later at work on in life in general.
Anyways, I reviewed some of the concepts recently and realized there are many things that can be applied towards financial independence (FI).
Continue reading “The Seven Habits of Financial Independence”