Category Spending & frugality

Where does it all go?

One of my lightbulb moments on The Path to financial independence came from asking myself this question about money: Where does it all go? You can ask this at a personal level (where does your own money go?) or at the level of society (where does everyone’s money go?). Both are great questions to ask. Most people […]

Status Displays : What’s really going on?

One of the tricks to getting to financial independence is thinking for yourself. This is easy…as long as you aren’t a monkey that just does what the other monkeys around you do.  The Escape Artist has noticed that some of those other monkeys seem keen on using their money and time to play expensive status games. […]

Big Hat, No Cattle

These people cannot be millionaires!  They don’t look like millionaires, they don’t dress like millionaires, they don’t eat like millionaires, they don’t act like millionaires – they don’t even have millionaire names. Where are the millionaires who look like millionaires? So starts the book The Millionaire Next Door, the classic study of how most rich people […]

Financial independence

The alignment of interests (or how much washing powder to use?)

About 10 years ago, I had a lightbulb moment. I was putting some clothes into the washing machine and wondered how much liquid washing powder I should put in. So I looked at the instructions on the bottle which told me to put in 2 capfuls per load. I was running on auto-pilot. In those days […]

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Get Rich with Perspective (Part 1)

Imagine we have a time machine like in Back to the Future. Let’s get in the DeLorean and go back 300 years to visit The Escape Artist’s ancestors.  It’s a short journey…only a few lifetimes ago, an evolutionary blink of an eye. Boom! We’re in 1716. I warn you that, what with this being Eighteenth Century […]

You must unlearn what you have learned

I love this video clip from The Empire Strikes Back. It’s rightly famous for the classic line: Do…or Do Not…There is no Try.  But awesome as that is, my favourite line from the clip is actually: You must unlearn what you have learned. Whilst we are in the Prison Camp we pick up ideas from The […]

Respect your enemy : Advertising

I was recently in London meeting a friend in Soho just around the corner from the Groucho Club. As I walked through Soho, I was struck by the achingly hip bars,  boutiques and offices full of bright young things in the film, music and advertising industries.  Obviously I blended right in. 😉 The Escape Artist has […]

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