[–] thibaut_barrere 16y ago ↗ The author here: this is something I've been willing to share here for months. I hope it will be useful to some here. [–] [dead] sarvesh 16y ago ↗ You are missing the fact that when people create wealth it need not be in the form money or that it cannot be converted to money in the near future. [–] mattm 16y ago ↗ Even better, try to live off the income from your capital, rather than just your savings - http://www.wisebread.com/join-the-rentier-class [–] thibaut_barrere 16y ago ↗ Thanks for the link. Well it wasn't maybe clear in the article, but I don't intend to live from the income of my savings.I wanted to point out the fact that one is able to drive his way by tweaking expenses, income and mobility.But I definitely have a part of my capital that is earning some income :)
[–] [dead] sarvesh 16y ago ↗ You are missing the fact that when people create wealth it need not be in the form money or that it cannot be converted to money in the near future.
[–] mattm 16y ago ↗ Even better, try to live off the income from your capital, rather than just your savings - http://www.wisebread.com/join-the-rentier-class [–] thibaut_barrere 16y ago ↗ Thanks for the link. Well it wasn't maybe clear in the article, but I don't intend to live from the income of my savings.I wanted to point out the fact that one is able to drive his way by tweaking expenses, income and mobility.But I definitely have a part of my capital that is earning some income :)
[–] thibaut_barrere 16y ago ↗ Thanks for the link. Well it wasn't maybe clear in the article, but I don't intend to live from the income of my savings.I wanted to point out the fact that one is able to drive his way by tweaking expenses, income and mobility.But I definitely have a part of my capital that is earning some income :)
[–] jaymcgavren 16y ago ↗ The 4-Hour Work Week (Tim Ferriss) drove at much the same point - you should consider your free time to be part of your wealth. I don't necessarily recommend the book, but it's another viewpoint on the topic. [–] thibaut_barrere 16y ago ↗ I think the book is worth reading, although voluntarily provoking, to say the least :)
[–] thibaut_barrere 16y ago ↗ I think the book is worth reading, although voluntarily provoking, to say the least :)
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[ 4.9 ms ] story [ 30.5 ms ] threadI wanted to point out the fact that one is able to drive his way by tweaking expenses, income and mobility.
But I definitely have a part of my capital that is earning some income :)