A journey of a thousand miles starts with a first step. For those that are new to the concept of financial independence, here are 10 potential baby steps on the path to becoming a millionaire. Re-programming our habits eventually creates incredible results. The magic is in the aggregation of marginal gains. 1. Go a day without spending […]

We all want the best in life.  The best for ourselves, the best for our children, our families and friends. So The Escape Artist is probably not going to be able to persuade the world to stop buying shit on the basis that, after 10 – 20 years of deprivation, you’ll be rich. We just […]

Having been a pessimist much of my life, I’ve recently been forced to face the possibility that maybe, just maybe, everything is going to be OK. And, quite possibly, a lot better than OK. This means considering upside scenarios that I never used to dare think about. In other words, what if everything went horribly right? […]

A reader sent me an article from the The Guardian in which an anonymous guy (let’s call him Tim) writes an open letter to his wife, pleading with her to get a job. The reader thought the article might be interesting to others, particularly those that had read How not to be a Walking Wallet. Below is […]

Back in the day, Seneca was probably the most powerful person in the world. He advised the Roman emperor Nero. He was an investor. And he was rich, with a fortune estimated at 300 million sesterces. You know in Game of Thrones, they have The Hand of The King? When the King is a child, the Hand is […]

Whatever your views on the EU referendum, last week was a reminder of the value of international diversification. Despite the scary headlines, a UK based investor with a sensibly diversified portfolio would have ended the week richer (measured in £) than they started. Below is an updated post that I originally published last year.  It’s as […]

We humans are habit machines.  We get into habits and then run on those habits every day. There is a good reason for this. Habits allow us to make decisions on autopilot. Good habits help us get things done efficiently without having to think and agonise over decisions. Habits can also have big downsides.  Ridiculous spending […]

Today’s article is a guest post from Arkad, who achieved financial independence over 6,000 years ago in the ancient city of Babylon. Arkad learned the ancient laws of money and, as a result, became The Richest Man in Babylon, the subject of the classic personal finance book of the same name. Now you may be wondering […]

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