Early Retirement Extreme provides a robust strategy
that makes it possible to stop working for money in just
a short number of years. It provides a paradigm shift in
economic perspective from consuming to producing. Your
value to society is not how much you earn or how much
you buy. It is what you create and produce for yourself
and for others. It is what you leave, not what you take.
Consumers are often locked into expensive options, but
producers have the flexibility to create appropriate
solutions at a quarter of the cost. The resulting
savings (the difference between income and expenses) is
one's monetary contribution to society. When savings are
put to work through investments, society will pay
dividends which 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 work on otherwise nonprofitable endeavors
without worrying about the next paycheck. It offers a
compelling alternative to the default choice of
graduating high school, getting a college degree, buying
a car, getting married, buying a house, filling it with
furniture, clothes, TVs, washing machines, lawn mowers,
and electric egg boilers, and then spending the next 40
years working 9-5 to pay it all off. |
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