Search found 60 matches

by Matt3121
Fri Jul 24, 2020 11:53 am
Forum: Lifestyle Questions
Topic: What do use for a cell phone?
Replies: 24
Views: 4689

Re: What do use for a cell phone?

I have a One Plus 6. I got it for $425 a little over a year ago brand new. Great phone, I love it
by Matt3121
Thu Jul 23, 2020 4:01 pm
Forum: Lifestyle Questions
Topic: Reflections on 1 year of Early Retirement Extreme
Replies: 6
Views: 717

Re: Reflections on 1 year of Early Retirement Extreme

UK-with-kids wrote:
Thu Jul 23, 2020 12:42 pm
A good read and very inspiring, thanks for sharing.
ThriftyRob wrote:
Thu Jul 23, 2020 1:47 pm
Inspirational story - thanks for sharing. I can relate to your conditioning/mindset around money, spending and accumulating stuff.
Glad you guys enjoyed it.
by Matt3121
Thu Jul 23, 2020 12:27 pm
Forum: Lifestyle Questions
Topic: Reflections on 1 year of Early Retirement Extreme
Replies: 6
Views: 717

Re: Reflections on 1 year of Early Retirement Extreme

Dream of Freedom wrote:
Thu Jul 23, 2020 12:09 pm
Getting a house was a big improvement for me as well. I can do whatever I want and it even doubles as a hobby. Always something I can do.
Yup! I love it.
by Matt3121
Thu Jul 23, 2020 10:47 am
Forum: Lifestyle Questions
Topic: Reflections on 1 year of Early Retirement Extreme
Replies: 6
Views: 717

Reflections on 1 year of Early Retirement Extreme

So... it's officially been a year for me since I found out about ERE. As noted in some of my other posts, because of health reasons, I did an immediate 180 degree turn and reduced my expenses dramatically from 5k+ a month to about 750/mo. I also was able to completely retire in December because of t...
by Matt3121
Fri Jul 10, 2020 12:23 am
Forum: Money Questions
Topic: Pay off cheap mortgage or keep it?
Replies: 10
Views: 2716

Re: Pay off cheap mortgage or keep it?

If you were in the US, it would be a dangerous time to try to use a mortgage for leveraged real estate investments, with housing starting at very high valuations, the high impact of COVID-19 in our country, and reports of large numbers of mortgage owners and renters failing to make payments. In Fin...
by Matt3121
Tue Jul 07, 2020 1:59 pm
Forum: Work & Education
Topic: How to get an IT job?
Replies: 10
Views: 499

Re: How to get an IT job?

Looks like you are in India so I can't comment much on the process there.

But I'd start on something like upwork.com, pick out small tasks once you feel confident in your ability with some technology (HTML/CSS is the easiest). Work for very cheap and just expand over time.
by Matt3121
Mon Jul 06, 2020 11:49 pm
Forum: Lifestyle Questions
Topic: Doing your laundry in a bucket?
Replies: 19
Views: 858

Re: Doing your laundry in a bucket?

The vast majority of people do not have a washer or dryer in the Philippines. My MIL would clean clothes by hand/bucket for a family of 11 ...daily. So point I'm making - insane in western society; common in other countries :) Yeah that's very true. I mean doing it for a family of 11 is an enormous...
by Matt3121
Mon Jul 06, 2020 8:44 pm
Forum: Lifestyle Questions
Topic: Doing your laundry in a bucket?
Replies: 19
Views: 858

Doing your laundry in a bucket?

So Jacob has that post about clotheslines and why they are valuable. I love Jacob but now I'm getting to the point I think he's not extreme enough :lol: I wanted to see if anyone has taken to doing their laundry in a bucket. I started doing this about a month ago because the house I bought didn't ha...
by Matt3121
Mon Jul 06, 2020 2:46 pm
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

Bingo! And that was a good outcome in that she actually paid you back. How is your relationship post-loan? It was like 20 years ago now and things were fine after, but I've also had other people I've loaned money and it was like pulling teeth. Now since then I've done contracts with people (for muc...
by Matt3121
Mon Jul 06, 2020 1:03 am
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

But I strongly feel that lending larger sums of money to friends/family is a bad idea because of the stress it creates on the relationship. If I needed something; I would rather cut back, work more, and/or secure a loan through conventional means. Now, if I know that someone is truly struggling, I ...
by Matt3121
Mon Jul 06, 2020 1:00 am
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

Another guess is while I was accumulating money I looked like a pauper from the outside. People may have been comforted by that till they learned I had a thousand times more wealth than them. Perhaps they feel duped. At the end of the day saying “I cannot afford that right now pal” is kind of a lie...
by Matt3121
Mon Jul 06, 2020 12:53 am
Forum: Lifestyle Questions
Topic: Mini-retirements vs ERE?
Replies: 104
Views: 18646

Re: Mini-retirements vs ERE?

Just my 2 cents on this but I think that most people, once they retire, will still do some money making endeavor. But when you are retired it's WAY less stressful. No or very little pressure to succeed. At least that's why I did it. I'm working on a number of things that may make money, I don't want...
by Matt3121
Sat Jul 04, 2020 11:23 pm
Forum: Money Questions
Topic: Reducing my already low expenses by 20% and nearing 1 Jacob
Replies: 24
Views: 1760

Re: Reducing my already low expenses by 20% and nearing 1 Jacob

@OP Food at $100 a month...very impressive. What do you do here? @Lemur, oh I definitely don't spend 100/mo on food, I was just giving a theoretical example on how you could live cheap enough to retire ultra quick. I could get by on 100 if I worked at a restaurant and got left overs tho. I generall...
by Matt3121
Sat Jul 04, 2020 12:32 am
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

My mom periodically asks if we’re okay, if we need anything. She likes to control with money and enjoys awfulizing. Our contentment with having enough drives her crazy. It is quite amusing. My dad does this too, though not with ERE (he loves that I'm living frugally lol). Every time I suggest somet...
by Matt3121
Fri Jul 03, 2020 10:41 pm
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

thrifty++ wrote:
Fri Jul 03, 2020 8:56 pm
I havent got anything against op shops and in fact love them. But only for things I need. Not for collecting lots of unnecessary things for the sake of it.
What are OP shops?
by Matt3121
Fri Jul 03, 2020 10:14 pm
Forum: Money Questions
Topic: Reducing my already low expenses by 20% and nearing 1 Jacob
Replies: 24
Views: 1760

Re: Reducing my already low expenses by 20% and nearing 1 Jacob

@matt3121 What I find so interesting from your scenerio above is how you incorporate cash flow into the picture. You've done the same in your situation. Low rate real estate leverage is certainly one of the best ways to garner some cashflow. I'd probably be hesitant to completely count on it over a...
by Matt3121
Fri Jul 03, 2020 10:05 pm
Forum: Work & Education
Topic: Worried about being promoted...thoughts?
Replies: 21
Views: 1130

Re: Worried about being promoted...thoughts?

Another consideration: if the economy is going down the drain, you may be best off not rocking the boat for as long as possible. The top thing to do in a recession is not to lose your job. But then, I have been established as too much of a salaryman, so... This to me is the number 1 thing. No job i...
by Matt3121
Fri Jul 03, 2020 6:26 pm
Forum: Housing Questions
Topic: What is your ERE housing score?
Replies: 74
Views: 19894

Re: What is your ERE housing score?

I'm negative something I guess. I hit ERE, my house is paid and the rent I charge on 1 room is bigger than my total housing costs.
by Matt3121
Fri Jul 03, 2020 5:09 pm
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 52
Views: 5356

Re: What are other people's reactions to your living frugally?

Interesting responses here. I can say I don't mind any negativity that I get, certainly none of it is very bad. I just feel like I'm talking to people who don't understand the situation well. I'm not a terribly private person, I like to explain the things I've learned and if they are willing to list...
by Matt3121
Fri Jul 03, 2020 4:12 pm
Forum: Money Questions
Topic: Reducing my already low expenses by 20% and nearing 1 Jacob
Replies: 24
Views: 1760

Re: Reducing my already low expenses by 20% and nearing 1 Jacob

#2 is interesting because I have seen people grow up in poverty who go both ways. A good friend of mine is still "running" from it, and wants his outward appearance to never reflect "poor". In your case it seems to have given you a good sense for hard work, agency, and skill/confidence to get by wi...