If early retirement is a personal goal, then shopping probably can’t be your main hobby. If the idea is to whittle away at that which is unimportant, in order to focus on that which is important, then buying a bunch of stuff that you don’t need for the sake of fleeting moments of entertainment, really […]
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The Skills to Pay the Bills
I had always hated to pay my bills. Getting a thick envelope from the credit card company, the power company, or the phone company, had given me a slight sense of unease. I wanted to procrastinate, to put off the drudgery of sitting in front of the computer to dispense money to all of my […]
On Bluebirds and Wolves
The first principle is that I must think about something new every day, and write something new every day and post something new everyday. The complicating factor is that I’m at a hotel in Medford Oregon tonight getting ready for a talk tomorrow. So this post will be less structured Than normal. Mea culpa. I […]
Money Laundry
As we discussed in the post, money for nothing, The goal of manufactured spending is to spend money on cash equivalents (ie “nothing”) so that your spending rate goes up on your credit cards, enabling you to earn more points/miles. Stated differently, manufactured spending enables you to put every dollar of spending that you might […]
Low Hanging Fruit
If you’ve made the leap and are now the proud owner of six new credit cards, then what you’re likely feeling is a mixture of exhilaration at the thought of all of the miles (i.e. free travel ) you will soon own, and trepidation at all of the money that you must put on the […]
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