Posted November 3, 2009 - 06:00 by Philip Brewer
If you're tracking your spending, you know how much money it takes to live on. If you're tracking your investments, you know about how much return you're getting from your capital. With those two numbers, you can get a pretty good estimate of how much money it takes to buy your way out of the rat race.
Posted October 28, 2009 - 05:00 by Philip Brewer
There are people out there whose livelihoods depend on the fact that most people go every day to some job or another. Business owners, investors, retired folks -- capitalists in general -- pay their expenses with profits that would be threatened if there weren't plenty of workers trading their life for a paycheck.
Posted July 21, 2009 - 12:00 by Philip Brewer
This article has its roots in an article I wrote some time ago that used the terms wage slave and debt peonage--terms that some people objected to. Those making free choices aren't slaves, they said, even if their poor choices result in a hard life. There's some truth to that. But there's also some truth to the notion that our system makes it easy--almost automatic--for people to trap themselves.
Posted March 6, 2009 - 15:01 by Philip Brewer
On one side there's your typical job. It's clearer than ever that it doesn't offer the security it once did, but it still offers some, and it offers other things--predictable income, social position, a structure to your day. On the other side there's freedom. The way we've structured our society, it's hard to switch back and forth. Hard, but not impossible.
Posted January 22, 2009 - 07:15 by Philip Brewer
There's a seeming tradeoff between freedom and security: You can stick with the day job or chuck it to live your dream--if you're willing to give up the security of the regular paycheck. That kind of security, though, is an illusion.
Posted November 4, 2008 - 15:20 by Paul Michael
I saw that film about 15 years ago, and I remember liking it at the time. I also liked stone-washed jeans and neon t-shirts, but I have since come to my senses. However, one nugget stuck with me from the movie; one possible insight into the future that, at the time, I thought was totally impossible. But now, I’m not so sure.
Posted May 14, 2008 - 10:28 by Philip Brewer
Self-sufficiency is producing the actual stuff you use--your own food, your own clothes, etc. It's not a common lifestyle. Most people chose instead to follow the path of self-reliance. Rather than directly producing the things they use, they produce something they can sell for money, or else they work for someone who will pay them money, aiming to earn enough to buy what they use.
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