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RE: Early Retirement Extreme Update: On track to quit work this August, and fully retire by 2022....

in #money7 years ago

The book is a work of sociological genius, I love its systems-approach, so well thought out, also his concept of 'applied capitalism' - I think it fits in perfectly with the Permies brigade in the US (Paul Wheaton etc.)

It's easy to get side-tracked - and harder with a family, although I'm the only person I've come across whose actually single and on the mission, most other people I follow have families, so it's doable, but as you say you need to on-board them!

Sounds like you've got the whole diversifed approach thing sorted.... what really helped me was an initial 'excellent month' when I started, which led to a good initial year.... getting an early one in helps to accumulate little wealth, then it starts accumulating by itself.

Projects worked for me, but getting them to point where they're bringing in £1K/ month has taken it out of my TBH - I'm hanging on in there until my main job ends in a few months.

Thanks for the follow, will follow back.