Optimal Finance Daily - Financial Independence and Money Advice

029: How I Became Financially Independent in 5 Years - Part 2 by Jacob Lund Fisker of Early Retirement Extreme

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Apr 7, 2016
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ADVICE

Cut Small Expenses Smartly

  • Cancel subscriptions and avoid buying new clothes outside thrift stores to reduce small expenditures.
  • Simplify meals with repeatable dishes like lentil soup and tuna salad to save money and time.
ADVICE

Adapt Skills Over Tools

  • Repair, mend, and adapt to reduce dependence on new purchases and save money.
  • Practice manual habits like switching off appliances and adapt to the environment instead of buying gadgets.
INSIGHT

Adapt to Heat Without AC

  • The body adapts to heat by sweating, enabling comfort without air conditioning.
  • Modern society's reliance on AC prevents this adaptation and creates false dependency.
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