All MGTOW should be financially set.

[Wandering MGHOWParticipant 551]

I feel that MGTOW should help inspire each other to achieve financial freedom. I feel that we are truly the most intelligent humans, and it angers me that not all of us reap the rewards of it. I think it could be beneficial for some MGTOW (especially the young ones) who are lost in life to discuss our personality traits, this way other members of our brotherhood could help provide inspiration. I personally am not somebody that you would call financially free. I work like a slave for people less intelligent than myself, and I don’t think a single MGHOW on earth should have to deal with this. Being intelligent however can be just as much of a curse, if not more, than a gift.

I believe that when you’re an intelligent and awakened MGHOW, you do not share the same mind state with the masses. By not sharing that mind state, it is harder to connect with them. Selling products, starting a business, etc. can ironically be more difficult for an intelligent person than it would be for the typical buffoon. The reason is because the buffoon connects with his customers/demographic more naturally and knows what they want and what they are thinking. They also don’t stand for anything or have any principles, so they will give up all their morals to make money with no hesitation. I feel it is a bit harder for the average introverted, and highly intelligent MGHOW to do similar things. He sees things differently and most people see him differently. This makes the prospect of becoming financially free a bit trickier.

I feel that if we have a place to discuss our traits and the things we excel in, then other MGTOW can offer us guidance and help us find a path. Who better to ask than other MGTOW?

Always remember, the MGHOW does not need or want wealth for the wrong reasons. Being financially set does not mean being able to purchase materialistic items for the amusement and delight of the female chameleon. He needs and wants wealth to allow himself full freedom, the ability to travel whenever or wherever he desires, and the ability to improve the lives of those he deems worthy or those who are in need. Personally, I would buy my dog more toys and a big field to run on! 🙂

[Anonymous 42]

Wealth cannot be measured in material, I spent (over decades) enough money to buy a house in Fla., instead I spent the money traveling and skiing, motor sports, and much more. If I had all that money plus its earnings and died today, I’d have a life of toil for NOTHING! Instead I have a cornucopia of many fond and great moments living my life to the extreme. I’m an extreme AME skier, I’ve skied the sickest terrain wherever I went, I’m fortunate to have survived 3 avalanches, and countless slides, I’ve broken only my equipment, bindings, de-laminated skis, countless poles, and a few blown engines. Every minute is precious to me, and I’m not done having fun, next it’s flight with an ultra-lite.

Life is for living, not just for toil.

[Sky-OParticipant 18933]

I use a forecasting chart that I created on an index card that is the blueprint for my financial stability since becoming MGTOW.

Basically – it is an investment strategy based on all of the things I do NOT have to pay for since becoming MGTOW.

I redirect that same amount of money to the appropriate points on an annual basis.

For example.

Cost of dating and maintaining access to vagina. $5,500 a year / Which is equal to the max out amount of my IRA every year. By eliminating chasing a wet hole: the IRA is funded automatically.

My SEP retirement plan. I just take the $800 – 1,100 that I would be paying in child support every month that I don’t have to thanks to a vasectomy and that gets routed into that account annually.

Jewelry, vacations, buying a bigger house, paying for a lying and manipulative bitch’s bills. That hypothetical amount which when I was married at one point was about another $20,000 a year – gets directed into my mutual fund accounts. And no ring, means even if the market goes down at any point, I am still way ahead since I will never have to give 50% or more of it away.

 

[MadmanParticipant 772]

I also think that MGTOW should be financially well off. Even if you have a low paying job, if you live below your means and save/invest what you dont spend, you will do just fine.

I like your method Sky-O.

[IGMOW (I Go My Own Way)Participant 2572]

I say this is a great goal for autonomy. The trick is HOW to get there, that works for a MGTOW.  I see it partly as a belling the cat problem:

https://en.wikipedia.org/wiki/Belling_the_cat

It is something I am trying to sort out myself.

"I am my own thang. Any questions?" - Davis S Pumpkins.

[BeerParticipant 11832]

I spent a decade making 30-40k a year, while working my way through college loan free and paying for a mortgage.  I realized during that time, I really don’t need “stuff,” besides being a waste of money, its mostly just useless junk that clutters up your living space.  Once I was done paying for school, and got a job making 3x as much, I found I was already quite happy as I was living for the last 10 years and really haven’t increased my spending much, so I’ve been saving over 50% of my income.

I think for anyone who wants to be financially set, having that realization is key.  A high paying job doesn’t mean jack s~~~ if you run out and buy a fancy car and a huge house.  You definitely should spend some money on hobbies, toys, going out on occasion, and traveling, but in my opinion the ultimate purchase in life is financial independence.  Every dollar I set aside today means I’ll have more time to enjoy that financial independence down the road.

[IGMOW (I Go My Own Way)Participant 2572]

If you have a strong identity, and can narrow down your life to that which strengthens your identity, competencies and so on, you can cut a lot of junk out of your life, and live lean.  Idea is to find contentment, and filter out things from the world that don’t fit.  For myself, I ended up buying a lot of games, instead of creating games, because I wasn’t focused on what I can do.  Now with tight in funds, I am now focused on doing creation as a way to get meaning, producing content and so on, with little money.  Next trick is to monetize it.

But, here is something related to this area and MGTOW.  The world doesn’t see single men.  So, as single men grow as a demographic, there will be opportunities to make money in this.  So, by doing things that make the life of MGTOW better, you can make money, and help MGTOW.  The world lumps single men as men or singles, not as single men.  It is a niche that will need to be serviced as it grows.

"I am my own thang. Any questions?" - Davis S Pumpkins.

[Wandering MGHOWParticipant 551]

Very forward thinking richardhutnik! I’ve had the same line of thought about providing a service to the MGTOW community for a while now, but I just can’t seem to think of a good way to go about doing it.

Yet…

[Goatman9000Participant 1]

OK, here goes my first comment ever:

1-Like comments above me stated; simply cut all unnecessary vices, addictions, entertainments out of your every day life. Be it weed, coco, alcohol, online gaming, pc parts, expensive restaurants, clothes etc. These things shouldn’t identify you, as you. Cutting back on vices ought to also increase your overall health and save you lots of money in the long run. Stay fit, stay healthy.

2-Irregardless of your job, be it minimum wage or higher, save EVERYTHING you don’t need to spend on getting by. The effectivness of this is directly proportional to your lifestyle, obviously. You can cut back spending by renting a flat with bros, cook every day instead of eating out (I personally live off mostly beans, occasional meat, various “it fell off the wagon” veggies and whole grain rice). Stay fit, stay healthy.

3-Let saving money become your source of joy and entertainment. Stay fit, stay healthy.

4-When you have enough seed capital, invest in growing companies and real estate. Buy properties, build houses on ’em, rent ’em out. Stay fit, stay healthy.

5-After some luck, a decade or two, you should recieve cash without having to stick it to the man. Stay fit, stay healthy.

6-Around this time you should invest in literal, virtual and metaphysical manscaping. Learn languages, martial arts, travel, experience. Time to create a company of your own? Stay fit, stay healthy.

Stay fit, stay healthy.

P.s. Sharing is caring, if everybody shared their wealth with those worthy of recieving it, we would never really need to hit rock bottom. Just saying.

[BeerParticipant 11832]

Goatman9000 wrote:

Let saving money become your source of joy and entertainment.

Investing is actually a great source of entertainment to me.  I enjoy keeping up with current events in general…but keeping up with what is going on in the economy, in the financial world, and with the stock market can help you make some good investments.  Like right now for example…energy and utility stocks have been getting hammered lately, so if you have some spare money kicking around to invest you might consider looking at some of these companies to invest in.  I’m not an investment guru but hey…if it keeps me entertained and I make a little money off it, its a double win!

[FunInTheSunParticipant 8283]

I like your post. I’ve lived most of my life wasting money and going from one job to another. I started a 401(k) plan this year. I wish I was smart enough to start a retirement plan years ago…but that’s life. Guys in their 20s usually don’t think about saving money for the future, but I think they should and older MGTOWs ought to encourage them to get a retirement account early so they’ll have more money building interest over the decades.

One of my major goals in the future is to own an apartment building. I like the idea of collecting rent from people instead of paying rent—which is what I’m doing now. I want to buy land, and build a building with small apartments that are designed to appeal to people who just want a simple place to live (working class folks, students, etc.) without spending half of their income. I may be broke now, but I see myself achieving this goal 10 years from now.

"I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

[Warren BuffetParticipant 0]

“Wealth cannot be measured in material, I spent (over decades) enough money to buy a house in Fla., instead I spent the money traveling and skiing, motor sports, and much more. If I had all that money plus its earnings and died today, I’d have a life of toil for NOTHING! Instead I have a cornucopia of many fond and great moments living my life to the extreme. I’m an extreme AME skier, I’ve skied the sickest terrain wherever I went, I’m fortunate to have survived 3 avalanches, and countless slides, I’ve broken only my equipment, bindings, de-laminated skis, countless poles, and a few blown engines. Every minute is precious to me, and I’m not done having fun, next it’s flight with an ultra-lite.

Life is for living, not just for toil.”

Thank you dude for reminding me that money only offers you opportunities, opportunities to do what you want, when you want and how you want. A lesson I almost forgot.

[oruixo13Participant 23]

Just my 2 cents.

It is practically impossible to save money with a gf or wife. With my gf we didn’t manage to control our finances for 2 reasons: eating out and clothes.

I personally just don’t have any interest in clothes. I think is something women use to disguise themselves to either attract other males or to make their current bf/ husbands feel a little bit of novelty.

I find that the urge to eat out is much lower when I am single. Before virtually all times was her who brought up the idea of going out to eat.

Since we are going our own way, we are looking to attract other women. It is well known that to attract other women it is necessary to display status: fast cars, big houses, big expenses. No need to do it now.

For instance, I take the bus to go to work everyday and I don’t find it denigrating at all. I have too the time to read while on the bus, which is good for me in so many ways or listen to educational programs. If I drove that would be impossible.

I would recommend you brothers to take a look at a blog called early retirement extreme. I don’t recommend the book though because it is poorly written.

I am not by any means an expert on the subject.

[MalfunctionNeedInputParticipant 257]

For some of us it is too late, well not too late but much much more difficult.

A huge decrease on savings: having a child you now support with your after taxes money that you don’t get to claim on your taxes…it’s like receiving oral and anal at the same time.

Advice: DO NOT HAVE CHILDREN, you’ll end up paying for them even if they’re not with you and you’ll never see them again. I guess one could adopt.

The important thing is not to stop questioning. Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of the marvelous structure of reality. It is enough if one tries merely to comprehend a little of this mystery every day. Never lose a holy curiosity. --Einstein

[hollowtipsParticipant 681]

Honestly I’d rather never own a house or car and be able to travel the world relatively comfortably. Theirs so much to see that most of us never get even a taste of because university, marriage, and children tie us down until we’re to old to appreciate experience and desire to only lay around and rest.

[FrankOneParticipant 1417]

I tend to prefer to own the house + car. If you have a stable job/plan to stay in same area for a few years, owning a home becomes an asset — whereas rent, it’s just thrown away. I love the fenced in backyard for my dog. For many Americans, it’s their biggest asset. It really isn’t a huge liability — you have taxes and upkeep. When it’s time to retire, should I wish to live in the RV, I simply rent or sell the already paid-off house, preferably renting it — then it’s an income stream. I’m in the Midwest, though — in some markets housing is downright unaffordable.

oruixo13: I like the idea of taking the bus, I’d do it, but in the sprawling suburbs it isn’t practical where I live.

Beer: Your comments are interesting and I agree with them, I think the average person, when their income increases, their spending increases in lockstep. So they never get ahead. And the average person, if they do understand compounding interest, they don’t ACT on that understanding.

[BeerParticipant 11832]

hollowtips wrote:

Honestly I’d rather never own a house or car and be able to travel the world relatively comfortably.

I’d ditch the car….kinda pointless to keep it if its going to just sit and rot because you are never around to drive it, but I’d keep a small condo. It would be a great base for when I need to plan my next adventure or just wanted to stick around for a while to spend time with family/friends, or just spend some time chatting up every post wall cat woman I could find to brag about how epic it is being unattached, independently wealthy, and free to travel and enjoy life, and how glad I am I never got married lol.

[jacobParticipant 5]

I think it is inevitable that most of MGTOW become financially independent or early retired in 10-20 years if they want.

When you remove women of the equation all you need is average income.

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