Nice Shout out to ERE
Posted: Sat Jul 21, 2018 4:28 pm
---an online community leveraging 14 years of experience in resilient post-consumerist praxis
https://forum.earlyretirementextreme.com/
https://forum.earlyretirementextreme.com/viewtopic.php?t=10045
Absolutely. GCC is even going as far as organizing these little giveaways to drive traffic to his site, or get "likes" or whatever commercial BS there is. Selling out is apparently completely free of shame for these folks.
I dunno, there are probably a lot that have maintained their integrity (Mark Boyle immediately comes to mind as someone who practices what he preaches, but I'm sure there are others). It's worth considering what you mean by "integrity" - many FIRE people don't seem to have the same motivations/aspirations as Jacob. If you are aiming at the "optimize" Wheaton level, credit cards/points gimmicks might be appropriate messaging. My understanding is that Jacob never blogged/wrote the book with money-making as the ultimate goal. After FIRE became popular in certain circles, the market potential for making money blogging/writing books about FIRE was revealed and people started doing it with money-making overtly as part of the goal.RealPerson wrote: ↑Sun Jul 22, 2018 10:13 pmIn all honesty, Jacob stands alone as far as I know as someone who has truly preserved his integrity.
Yes.
No.
Plenty of former neutron star academics should be ready to dole out $5k in exchange for full-time moderation of current political discourse.
When I was still there more and more people were fighting against "face punches" which was directly from what MMM did and the forum members would do to try to motivate people to do better, but was decided by the majority and eventually moderators to not be welcoming enough. This probably didn't help with now people being congratulated with spending well above what MMM would feel is reasonable.jacob wrote: ↑Mon Jul 23, 2018 6:51 pmThis might be what accounts for the forum (I'm not on it) or the fb group (I do get updates) where people congratulate themselves for being badass because they cut their family unit budget from $75k to $60k resulting in a 50%+ savings rate with their upper middle class engineering incomes.
This is exactly my point. But I take your point and I am sorry if my comments were mean. They were not meant that way. I don't question that MMM is a good guy. Granted, he could be making more money that he is, but running ads for credit cards on a FIRE site just rubs me the wrong way. This entices some people to get in financial trouble.
It might just be that he genuinely feels his subscribers/readers are responsible enough to be able to handle a credit card without going in to debt and instead using it for gains such as travel hacking or cash back. If this is the case then allowing credit cards to be advertised wouldn't be an immoral thing.RealPerson wrote: ↑Mon Jul 23, 2018 10:51 pmGranted, he could be making more money that he is, but running ads for credit cards on a FIRE site just rubs me the wrong way. This entices some people to get in financial trouble.
I don’t really get the objection. It’s credit cards, not payday loans.ut running ads for credit cards on a FIRE site just rubs me the wrong way. This entices some people to get in financial trouble.