The biggest rock in person finance is larger than everything else combined. Don’t get distracted and take your eyes off the ball.
Opportunity Cost and The Concept of Enough
“Enough” is too loose to be useful. It can moved up or down depending on the opportunity cost.
Deathbed Regret And The Puritan Work Ethic
Many dying said they wished they didn’t work so hard. It contradicts with the Puritan work ethic. Who’s right?
Early Retirement and Comparative Advantage
It makes little sense to retire early on a shoestrings budget that requires you to substitute your own labor for hired labor.
Early Retirement and Opportunity Cost
Early retirement is expensive when you include the opportunity cost. It’s the opposite of frugality.
Staying In Your Job After Financial Independence
Staying in a job you love after you reach financial independence provides great satisfaction and the financial means for all the luxuries you feel guilty about.