Tag Archives: Early retirement

Your % savings rate is the most important number

Originally published 2020, updated September 2022 In personal finance, The Good Old Days were actually The Bad Old Days. In the Bad Old Days, before people knew about financial independence, there were financial advisers who acted as The Gatekeepers to investing. People did not know how to invest themselves (sadly, many still don’t) and you […]

Baby steps for future millionaires (part 1)

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 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 one day without spending […]

Cloud storage for your possessions

Imagine you want to watch a film. The cheapest way is to wait for the film to run on free TV. But what if you want to watch it as soon as possible and are prepared to dip into your Freedom Fund to get it? You have a choice. You can either buy the physical […]

The Aggregation of Marginal Gains (Part 1)

If you grew up in Britain in the 80s, you’d know that back then cycling about as about as popular as leprosy amongst the general public. Cycling was for kids, the French and people that could not afford a car. Back then, the idea of a British team winning the Tour de France or dominating Olympic cycling seemed […]

Get rich without…shopping

At some point in the twentieth century, we swallowed the strange idea that shopping is a fun leisure activity. The Escape Artist has never been that keen on shopping.   There’s something a bit sad about seeing debt junkies and Walking Wallets dragged around shopping centres on invisible leads. But we all want stuff sometimes. So the question is how […]

Now that’s what I call Financial Independence!

Without further ado, here are The Escape Artist’s Top Anthems of Financial Independence… Working 9 to 5  (Dolly Parton) Was there ever a more under-rated thinker and businesswoman than Dolly Parton? For someone that never worked a cubicle, Dolly has an remarkable understanding of the dynamics of the Prison Camp. Don’t be fooled by the boobs, blonde hair and […]

Financial freedom

The Mexican Fisherman

I thought everyone knew the story of The Mexican Fisherman but apparently this is not the case.   Apologies to those that already know it well, but for everyone else this traditional parable (author unknown) is required reading… An American businessman was standing at the pier of a small coastal Mexican village when a small boat with […]

Dignity

If you live the philosophy of this site, you will become rich. Slowly but surely, the years will pass by, the cash will roll in and one day you will realise that you have become surprisingly wealthy. Rich enough to buy a Ferrari and annoy your neighbours – only by then, you will not want to do that. Many people […]