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The author here: this is something I've been willing to share here for months. I hope it will be useful to some here.
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.
Even better, try to live off the income from your capital, rather than just your savings - http://www.wisebread.com/join-the-rentier-class
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 :)

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.
I think the book is worth reading, although voluntarily provoking, to say the least :)