About book Early Retirement Extreme: A Philosophical And Practical Guide To Financial Independence (2010)
Although a bit late for me, since I retired in 2012, this book provides sound basis for retiring VERY early, By reducing expenses and thus saving a large portion of one's income -- over 50% -- retirement is possible after only 10 years of working. If expenses are reduced by even more, less time will be needed to save enough money to generate passive income. This book, while delving into the finances a bit, mostly deals with how to live a satisfying life with very little money. The trick is to become a "Renaissance Person" with many interests and skills in a wide variety of areas. This book was self published -- another interesting tidbit -- and the author is a Goodreads author. I'm off to read what he has to say here. This book had very little to do with retirement, but I can sum it up for you in just a few sentences or steps and you won't even have to read it:1. Work for a while.2. Learn how to be frugal and then learn how to be cheap--really, really cheap; e.g., put your clothes into a bucket with some soap and water and drive down a bumpy road (no kidding--that's one of his tips).3. Self-publish a book and call it "Early Retirement Extreme" even though it has no blueprint for retiring early.Here's a condensed version:"Buy the best and cry once or buy cheap and cry forever."
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Not a typical finance book, it teaches you a different way to live. Highly recommend.
—someone
