Peter MuReading Journal

March 29, 2024

Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence

Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence

Fisker, Jacob Lund

• be able to appraise value in all matters to make sound decisions. • not waste time, money, effort, or resources. • not be subject to emotional manipulation or engage in wishful, magical thinking, believing things are true because he would like them to be true--or worse, believing he can influence external events by thinking positively about them. • have a strong character, persist, cope with adversity, be resistant to stress, be calm, and displace frustration. • develop a passion, appreciate the arts and what it means to be human, rather than just a "human resource". • be empathetic and understand that people and situations are complex. • make social connections and increase the value of interpersonal relationships. • be able to patiently await a better solution and be willing to compromise and accept something that is close, but not exactly your ideal.

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情绪能力,许多时候事情的发展跟你的信念有关

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• get to know people outside your profession, hobby/club, religion, political party, socioeconomic stratum, country. • start or join a co-op. This can be anything from buying groceries to participating in a tool shop, to sharing movies with other people. • learn how to sell, barter, swap, and give things away. • learn how to network and build your social capital. • get involved in politics on some level.

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learn to consider more than the immediate consequences of a choice. Also consider the future consequences--for example, opportunity cost and the time-value of money. Learn to see the unseen.

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understand the difference between assets and liabilities. Understand leverage and cash flows. In particular, learn what is an investment (an income generating asset) and what is not an investment (items for personal use).

1:24 AM

be able to prioritize the relevance of information and be able to quickly research and find relevant information in many different areas. Learn independently and have an interest in doing so.

1:25 AM

It's commonly thought that independence is mainly achieved through a large income.

1:39 AM

本书最有启发的观念,就是打破一种误解:想要财务自由,就必须有更多的收入。这种误解由消费主义导致。我们通过消费产品来实现自我满足,通过消费技术来解决问题。其实很多事情可以有不同的思路,但是我们被消费主义影响,认为只有消费才是一切的答案。最后,作者认为要实现财务自由,高收入只是必要条件,摆脱消费主义的影响也同样必要。

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