Author Archives: The Escape Artist

The Purpose Of Frugality Is To Get Your Stake Money Together

Not buying stuff is easy. It became my default mode years ago. I don’t identify as frugal…if I want something, I’ll buy it…it’s just that I don’t want more stuff. Generally, I don’t want the extra hassle involved. Everyone has a different view of what “enough” looks like. It’s all relative.  Is Bill Gates being […]

Now that’s what I call Financial Independence! 26

It’s hard to write about money because everyone is in a different place with different circumstances. The last year or so has been tough for many…especially the young. As I see my kids grow up, I’m reminded of the struggles that younger people go through. I got lucky in many ways. But it’s never easy. […]

Lessons from The Great Crypto Crash of May 2021

Last week I wrote about crypto and said it was in a bubble: Yes, this is a bubble. Yes, lots of punters will get rekt (as the lingo goes). Traders gonna trade and it’s not my job or your job to save them. It would have been good if my time machine had been working […]

What’s at the bottom of The Crypto Rabbit Hole? (Part 2)

In Part 1, I explained that I was late to crypto because what I saw at first glance (a speculative frenzy) had put me off. But I was wrong. Things get more and more interesting as you go further down the rabbit hole. Please bear in mind that I am not trying to persuade anyone […]

We don’t just consume The News, eventually The News consumes us

The News is like alcohol. Both are drugs that give you a quick buzz but both are depressants. Both are habit forming. Some people can do moderation but many struggle with that. Every week I talk to intelligent people who are holding down demanding jobs and toughing it out as parents. It’s not easy. And […]

What’s at the bottom of The Crypto Rabbit Hole? (Part 1)

The $90 billion IPO of Coinbase last week was a landmark in finance. Coinbase is to cryptocurrencies what Paypal is to money transfer. Both are disruptive start ups that use the internet to simplify the process of handling money. Paypal links the legacy banking system to the email system. Coinbase links the legacy banking system to a crypto exchange […]

The Ten Commandments of Index Investing

There is a school of thought that says that Western society is suffering from a God-shaped hole. In a society with a hole where religion used to be, maybe we need clearer guidance? Much of life is too complicated to be boiled down to just a few simple rules to follow. But it is possible […]

Financial independence

One step at a time

We know that the best time to plant a tree was 20 years ago and that the second best time is now. So why not plant the tree today that will provide you with shade and shelter in 20 years time? But people sometimes fret about exactly how the tree will turn out. Which week will […]

Now That’s What I Call Financial Independence! 25

Another day in lockdown…another Now That’s What I Call Financial Independence! They said we should be patient… …but who knew it could go on this long?? Hopefully it’s almost over now. Yes…The Escape Artist is back to review more classic songs about financial independence in the guise of a music critic from the NME…armed with earnest prose, […]

Not wanting something is as good as having it

I’ve said before that there are two ways to improve your happiness. You can either get more or you can want less. Either way works. I’m not sure it matters which way is “best”. What I’m sure about is that wanting less is a whole lot cheaper than getting more. Consider the boundary case of […]