With the weekend almost here, we've decided to make this weekend the weekend of slow eating. Previously an entry covered the cost of speed, and eating certainly fits this category as well. In a frenetic life, we race to get food, we race to get it down, and then we race off to spend more money somewhere. If we spend money our on the food in the first place, why not make the food preparation and consumption an event? Why not take our time and get every penny out of the experience? This weekend, we will not hit any restaurants, fast food joints, or whatever. Every meal will be cooked by us and slowly consumed.
As an added benefit, I recall reading once that it takes the body some 20 minutes to signal its full after it really is full, so if you eat an entire meal in less than 20 you run the risk of eating more than you really needed in the first place.
Friday, June 5, 2009
Thursday, June 4, 2009
Keeping up with Senior Jones
There is nothing wrong with keeping up with the Jones as long as you pick a Jones family that earns less than you do. The right Jones family could be an excellent role model. For us, we use Senior Jones, the family of illegal aliens that permeate our city.
Senior Jones takes his family and friends to the park at the lake where, for $4 a car load, you get access to beaches, shower facilities, playgrounds, permanent barbecue grills, the lake, and a zillion kids to play with all day long.
Senior Jones takes his family shopping at flea markets where quality knock offs are plenty, haggling on prices is acceptable, food is cheap, outdoor entertainment is free, and it takes lots of time to meander up and down the aisles.
Senior Jones subsists on cash. When paying for something, he has his money in his pocket. He does not use plastic "you pay later and more" cards.
Senior Jones lives in a house and/or apartment with more than one person per room.
Senior Jones eats at home for dinner, having a large home cooked meal often with the extended family.
Senior Jones has a wife, 3 or more kids, and parents he looks after.
Senior Jones makes more than he needs to take care of his family and send money back to his home country to other family members. Senior Jones lives in an economy designed for people that make much more than he does. If you can live like Senior Jones, imagine what you could be putting away.
Next time you are out living life, ask yourself, "Am I living like an illegal?"
Senior Jones takes his family and friends to the park at the lake where, for $4 a car load, you get access to beaches, shower facilities, playgrounds, permanent barbecue grills, the lake, and a zillion kids to play with all day long.
Senior Jones takes his family shopping at flea markets where quality knock offs are plenty, haggling on prices is acceptable, food is cheap, outdoor entertainment is free, and it takes lots of time to meander up and down the aisles.
Senior Jones subsists on cash. When paying for something, he has his money in his pocket. He does not use plastic "you pay later and more" cards.
Senior Jones lives in a house and/or apartment with more than one person per room.
Senior Jones eats at home for dinner, having a large home cooked meal often with the extended family.
Senior Jones has a wife, 3 or more kids, and parents he looks after.
Senior Jones makes more than he needs to take care of his family and send money back to his home country to other family members. Senior Jones lives in an economy designed for people that make much more than he does. If you can live like Senior Jones, imagine what you could be putting away.
Next time you are out living life, ask yourself, "Am I living like an illegal?"
Wednesday, June 3, 2009
Vals going to Sailing School!
Last Saturday, the family headed up to Lake Lanier, the large lake just north of Atlanta, GA. We visited a sailing school called Lanier Sailing Academy. We figured it would be a good idea for at least one of us to learn to sail, so we voted it to be Val. :) Starting this Sunday, she will have 8-hour classes for 3 Sundays. After she passes the Amercian Sailing Assoication tests, then she will be able to charter sail boats in protected water ways (bays, lakes, etc.). The next course she would take is down in the gulf of Mexico, and it would allow her to bareboat charter anywhere in the world. For this first course, Val will be sailing 22 foot keel boats (keel means that they have a large lead weight dangling below the hull making them quite stable). We are all very excited about Val taking the course. She will do great!!
Tuesday, June 2, 2009
Freedom is Networthless
Net worth is a Sirens song leading you down the path of perpetual slavery because including the appraised value of something doesn’t set you free, it misdirects you from the true prize, freedom. Your focus must be on passive income, not the appraised value of houses, cars, art, etc.
Consider this, freedom happens when:
Passive Income - Living Expenses > 0
How much money does your house throw off to you? Unless you have a renter, it gives you nothing! Sure, if you sell it, you have something, but until you have something, you don’t have anything. Appraised value doesn’t put food on the table. It doesn’t
Your financial focus must be on those two variables, Passive Income and Living Expenses.
Our sailboat trip is focused on both of these variables. We are working hard at establishing a passive income that is greater than our living expenses. Once we’ve done that, we can sail indefinitely!
Consider this, freedom happens when:
Passive Income - Living Expenses > 0
How much money does your house throw off to you? Unless you have a renter, it gives you nothing! Sure, if you sell it, you have something, but until you have something, you don’t have anything. Appraised value doesn’t put food on the table. It doesn’t
- Passive Income is the income that you bring in while doing NOTHING.
- Living Expenses are all the costs to live your life.
Your financial focus must be on those two variables, Passive Income and Living Expenses.
Our sailboat trip is focused on both of these variables. We are working hard at establishing a passive income that is greater than our living expenses. Once we’ve done that, we can sail indefinitely!
Monday, June 1, 2009
Guerrilla Wealthfare
There is a money war going on all around you. It is ruthless. Battles rage on 24 hours a day, 7 days a week. The prize? Money. The cost? Your life. The most ferocious armies in the war are masters of psychological operations, and they have managed to hide the war from most of its victims.
Clarity of the situation crystallized for our family a few years ago and we are no longer counted as casualties. In fact, we’ve begun attacking these larger armies’ taking back what was won from us.
“Guerrilla warfare is the unconventional warfare and combat with which a small group of combatants use mobile tactics (ambushes, raids, etc.) to combat a larger and less mobile formal army. The guerrilla army uses ambush (stealth and surprise) and mobility (draw enemy forces to terrain unsuited to them) in attacking vulnerable targets in enemy territory.” – Wikipedia (26FEB09)
The definition of Guerrilla warfare describes our family’s approach to wealth building too. Rewriting the definition, you can see how we approached the challenge.
Guerrilla Wealthfare is the unconventional wealth building approach with which a group of family members uses mobile tactics (ambushes, raids, etc.) to acquire wealth from a larger and less mobile formal institution. The guerrilla family uses ambush (stealth and surprise) and mobility (draw enemy forces to terrain unsuited to them) in attacking vulnerable targets in enemy territory.
Watch your enemies. Know they pay professionals (Ad agencies) to take all you have. Fight, defend, and strike back. You know you're winning when your pile of gold increases.
Money is the bounty you are after; there are many ways to increase your hoard of it. One easy way, of course, to increase your stockpile is to stop loosing it to your enemies (whom are experts at taking from you). The other way is to improve your income supply lines. If you can do both of these, as we did, your piles of money grow at incredible rates and you will be victorious! With every dollar added the fuel to do more is accelerated like crazy and you will be unstoppable!
Clarity of the situation crystallized for our family a few years ago and we are no longer counted as casualties. In fact, we’ve begun attacking these larger armies’ taking back what was won from us.
“Guerrilla warfare is the unconventional warfare and combat with which a small group of combatants use mobile tactics (ambushes, raids, etc.) to combat a larger and less mobile formal army. The guerrilla army uses ambush (stealth and surprise) and mobility (draw enemy forces to terrain unsuited to them) in attacking vulnerable targets in enemy territory.” – Wikipedia (26FEB09)
The definition of Guerrilla warfare describes our family’s approach to wealth building too. Rewriting the definition, you can see how we approached the challenge.
Guerrilla Wealthfare is the unconventional wealth building approach with which a group of family members uses mobile tactics (ambushes, raids, etc.) to acquire wealth from a larger and less mobile formal institution. The guerrilla family uses ambush (stealth and surprise) and mobility (draw enemy forces to terrain unsuited to them) in attacking vulnerable targets in enemy territory.
Watch your enemies. Know they pay professionals (Ad agencies) to take all you have. Fight, defend, and strike back. You know you're winning when your pile of gold increases.
Money is the bounty you are after; there are many ways to increase your hoard of it. One easy way, of course, to increase your stockpile is to stop loosing it to your enemies (whom are experts at taking from you). The other way is to improve your income supply lines. If you can do both of these, as we did, your piles of money grow at incredible rates and you will be victorious! With every dollar added the fuel to do more is accelerated like crazy and you will be unstoppable!
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