Early Retirement Extreme: A philosophical and practical guide to financial independence
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Description
This book provides a robust strategy that makes it possible to stop working for money in less than a decade. It provides a shift in economic perspective from consuming to producing. Your value to society is not how much you earn or buy, but what you create and produce. Consumers are often forced to buy expensive solutions, but producers have the flexibility to create their own solutions at a quarter of the cost. The resulting savings are invested to cover the remaining expenses, resulting in financial independence. The strategy can also be used to pay off debt, travel the world, volunteer, go back to school, or simply work without worrying about the next paycheck. It offers a compelling alternative to the default choice of getting a college degree, buying a car, buying a house, filling the closets with stuff, and then spending the next 40 years paying it all off.
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