Any financial advice for a blue collar MGTOW ?

[AntipathyParticipant 4901]

I never was any good at school. I went to college for a little over a year, subsequently dropped out. My grades were falling from the sky. I have had depression and extreme social anxiety since I was about 13. The only jobs I have ever been able to hold down are nightshift jobs where I’m not around many people. I live in a tiny appt surrounded by single moms and their screaming fatherless children. I drive a used car that from time to time has its issues.

Do i increase my hours at nightshift and save every penny I can ? Are there any opportunity’s I can take advantage of ? I’m from small town USA and I don’t have any contacts that can teach me new skills. I feel trapped in this podunk area of very limited job listings. The price of rent is through the roof. Around 1,000 a month for a semi modern 1 bedroom appt, and very lucky if they come with washer/dryer.

I do my best to go my own way. But most of the time it feels like I’ve failed to do so. Especially when I’m surrounded by filthy single moms living off child support and welfare checks. It seems there’s no escape from single moms and their loud unsupervised kids, unless you find a way up the corporate ladder.

[Anonymous 11]

Live below your means and stay the hell away from women.

You might need to consider moving to a location with more opportunity and a lower cost of living. Where I live $700 a month will get you a small bachelor pad private and isolated rental place with washer and dryer. A lot of the old families have small rental properties that help them pay property taxes.

[Dirtydog73Participant 232]

Military

Fed, Fucked, Appreciated. The three simple things men want, but women will never grasp.

[RoyDalParticipant]

Anonymous wrote:

Live below your means and stay the hell away from women.

Yes, and in addition create a source of income that does not depend upon corporations. For example, real estate rentals.

Read the books of Robert Kiyosaki. He is a best seller, so your local library will have some, I’m sure. https://www.amazon.com/Robert-Kiyosaki/e/B00MD5DIWM/ref=sr_tc_2_0?qid=1471788437&sr=1-2-ent

Society asks MGTOWs: Why are you not making more tax-slaves?

[Anonymous 11]

A handy man service.

Good point, Stealthy. A handy man who keeps his honest word and does not disappoint is highly in demand in my neck of the woods. Most are druggies or alcohol abusing slackers. We have large numbers of wealthy elderly people who need services performed and will pay.

[EyeswideopenParticipant 2930]

Warmest Welcome;

I will give a few random thoughts that have worked for me over the years. I grew up poor, “nerdie”, and fairly socially awkward in high-school. I am mid-late 30’s and am not flashy rich, but own my own home and well on the way to retiring by 55. I escaped the plantation after a short marriage.

You have taken the first steps to improving your lot in life – you want to achieve and better your predicament. This is a good thing. Congratulations.

Firstly, I would suggest not going on social assistance unless it is a measure of last resort. Staying on the dole for a long period of time tends to promote mental stagnation, depression of ambition, and effects a man’s self-esteem.

Like CPig stated, try to live well below your means. Elderly couple with a room to rent should save you a bundle. As long as the place is clean, dry and provides a little solitude your golden. Buy things used; another man’s trash is your treasure. Keep personal possession few. For the first 30 years of my life, all I owned could fit in a 4×5 room.

Working night shift is taxing on the body – trust me I know. Yet, this also provides an opportunity. It will allow you the chance to retrain. I would suggest training for a field that provides a job immediately – i.e. electrician or plumber. To begin, the academic requirements are not too extensive. This will build your confidence while you make cash.

Stay away from vices. Drinking and smoking saps resources +++ and slowly destroys your health. Do things for free. Go to the library and read, read and read. Knowledge truly is power. Self dedicated, life-long learner is the key.

Youtube is truly amazing. Look up economic videos. Take the knowledge with a grain of salt, but it gives you options/opinions that get your brain working.

Set small goals each day. Something as benign as taking out the garbage, or cooking a meal, will give you a sense of accomplishment, and build your confidence. I am a list person. The satisfaction of checking something off your list is amazing.

Regarding social anxiety, I would suggest baby steps. Put yourself in slightly uncomfortable situations and push yourself. It’s all about desensitization. Become comfortable with rejection. Life is a matter of odds – you will be socially rejected 90% of the time for every 10% of success. You will find this in any field – from doctor to ditch digger. When you able to shrug your shoulders over a negative interaction you will be well on your way.

- Marriage is described as an institution. You would have to be crazy to be commited to it. -"If you want to live a happy life, tie it to a goal. Not people or things" Albert Einstein

[TuneoutParticipant]

RoyDal wrote:

For example, real estate rentals.

I’d be vary careful with that one if you want to stay clear of women and their f~~~ing drama,lol

Maybe give trade school a go or even construction where you can learn on the job.

Lifes a bitch,but you don't have to marry one!

[Anonymous 42]

Stay focused on everything you need to do and just get it done! Whatever it is!

Drop the TV on some concrete from an upper floor, that alone will clear allot of space and time for you to personally advance.

Don’t know how to? Me either, allot of times I’ll goggle it and U-Tube it until I do understand, sometimes I go to Ebay for used manuals on whatever I’ve taken on and knew nothing about it when I started. Used car? That’s an education in and of it’s self if you decide to be the one that figures out why it’s coughing with a check engine light. Some of my cars I swear the dashboard though everyday was Christmas so damn many lights light or blinking!

It’s all about learning and doing, if you’re helpless in all things the expense of maintenance on any given thing will draw funds away from other things that need attention.

Ignorance is expensive

Knowledge is financially liberating because it lets you maneuver unilaterally, Be the guy that can say “look at how much I saved the shop wanted 2,500, I did it for 300 in parts cost, and even then the dealer wanted 900 for the parts, I searched and found a better deal from a guy on ebay that sold his car and never did the repair”.

Unilateral movement, always undermine your expenses and negotiate a sick low price with a store manager looking for scratch and dent deals.

Think of how much money you can save when you buy a brand new car that fell off a car carrier and can’t be sold as new anymore.

All my vehicles are salvage but with clear titles, I purchase the dented cans nobody wants, hammer, splice, dice and paint in two weeks and save thousands it’s the same as paying myself 5g a week!

Whatever you decide to own know how it operates, and how to maintain it!

[Silverstone the SecondParticipant]

Give women a wide berth, work as many hours as you can and save up to get the f~~~ out.

Feminism is a movement where opinions are presented as facts and emotions are presented as evidence.

[BeerParticipant 11832]

Antipathy wrote:

Do i increase my hours at nightshift and save every penny I can ?

I’d do whatever I could to make more money if I were you. Here is how I look at it…each month I’m going to need let’s say 1000 dollars to pay my bills. If I take home 1500 dollars and bank 500, I’m doing pretty good, right? Well if I work a couple extra shifts and take home 2000, the 1000 dollars I need for expenses doesn’t change…yet I’ve effectively double my savings for the month. Ultimately the goal should be to

RoyDal wrote:

create a source of income that does not depend upon corporations.

Rental properties, dividend stock, whatever your style is, your ultimate goal should be financial independence.

[Anonymous 54]

Antipathy wrote:

Do i increase my hours at nightshift and save every penny I can ?

Yes. If it doesn’t affect your health.If you go home its all the single moms and braty kids.You may as well stay at work. Plus if you are able to save even a little money,the work doesn’t feel in vain.

[EyeswideopenParticipant 2930]

Beer wrote:

RedTow wrote:

Do i increase my hours at nightshift and save every penny I can ?

I’d do whatever I could to make more money if I were you. Here is how I look at it…each month I’m going to need let’s say 1000 dollars to pay my bills. If I take home 1500 dollars and bank 500, I’m doing pretty good, right? Well if I work a couple extra shifts and take home 2000, the 1000 dollars I need for expenses doesn’t change…yet I’ve effectively double my savings for the month. Ultimately the goal should be to

RoyDal wrote:

create a source of income that does not depend upon corporations.

Rental properties, dividend stock, whatever your style is, your ultimate goal should be financial independence.

In addition to what I stated above; I could not agree more with Beer.

I am not giving investment advice; no warranties or guarantees. Here are some thoughts.

True financial freedom is not being tied to any particular line of work/employer. Yet, you must work initially to generate a base revenue stream in order to buy assets. Unless you win the lottery, or inherit a fortune.

Assets are defined as things that generate true wealth. This is capitalism in a nutshell.

Contrary to popular belief, real estate, into and onto itself is not an asset. It can go down in value, requires maintenance and management. When rented, if profit = gross income-expenses and profit must be > 0 then we consider it an asset.

The issue with real estate is that you have to know where to buy, deal with tenants, and have a lack of easy liquidity should you want to turn you property to cash quickly. Plus there is legal and real estate fees to acquire and divest. Your buy in for property is usually immense. The only advantage to property is that it has utility. You can live in it, and not a stock portfolio.

A small stock portfolio is a good option to start. Look for stocks that pay dividends that have never decreased in the last 25 years+. These are know as dividend artistocrates. They are boring and not flashy companies. You are not concerned with the price of the stock, provided you have a return of at least 4%/year relative to the purchase price.

Fees tend to be low with a self directed trading account. I would suggest buy and hold in perpetuity. Reinvesting the dividends over a number of stocks allows for cost-averaging. The stock might go down, but you can then buy more at a relatively cheaper cost. This is why an uninterrupted dividend payment history is important. This is harnessing the most powerful force in the universe – mainly compounding.

- Marriage is described as an institution. You would have to be crazy to be commited to it. -"If you want to live a happy life, tie it to a goal. Not people or things" Albert Einstein

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