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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 (edited)

Congratulations!


I was so excited to see your "Early Retirement Extreme" reference. I read that book nearly a decade ago -- totally changed the way I see things. And of all places I heard about it -- a Permaculture class.

I got derailed though -- finding it a real challenge with a wife & daughter who didn't really sign up for the "extreme" part. Combine that with family health expenses, and I ultimately bailed out of fear.

It wasn't until the last couple years that I started looking seriously at what I could do ... and the idea of side income really struck me as a real possibility (I'm slow). I'm in the process of launching a couple projects & putting myself out there. Can't wait to see where it leads. Any which way, I'll take a step forward and adapt from there.

All that with a slow, steady progression with minimalism and life it good. My wife's even come a long way, which helps!

I'm happy to have found you (credit to @heymattsokol resteem). You've got a new follower!

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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.