One key to making more money

Tweet

I am a big believer in working at a job that you love. Otherwise just quit. The problem is that what you love to do may not pay very well. There are many ideas for making extra money, but one of the most effective ways is to reduce your expenses. I go to the extreme. I chose to live in poverty. That way I can work at a job I love. I no longer have to work. I am free. I learned this from a friend, a guy with a master's degree, who chose to live in poverty in order to save gobs of money and retire early. Way early. By the time he retired he had learned how to live on practically nothing. He was, and is, self-sufficient and self-sustaining. He lived on a restored boat. No taxes. He had five ways to make his own electricity, stored in batteries. He had 12 volt appliances. He grew a garden near his mooring. He preserved veggies and had all the fish he could eat. He rode a bike. He bought a friend a pickup so his friend could maintain it but he would borrow it once a week. He had creative ways to get meals. He knew everyone in town, so he went to every wedding, party and funeral (equates to receptions and meals). He went to all the public picnics and church socials. He wrote a self-published book "Be a millionaire on minimum wage" which sold on the internet: 16,000 copies for $5 each. He really was a millionaire. He really did work for minimum wage. He found the most fascinating things in the dumpsters in town. He drove through town early on garbage day to get all the great, usable, fixable stuff people throw away. He resold it on ebay, craigslist, and his yard sales. I could go on and on. You get the point. The point is this... you can make a lot more money by reducing expenses than earning a few extra bucks on the side. OK, is this too extreme for you? ...or for your family?