Good video on Minimalism

[MGTOWmonkey aka No More Fucks To GiveParticipant 6635]

This is a Youtuber by the name of blackram313,he doesn’t identify as a MGTOW but has the philosophy very interesting listen.

Never lose sight of what brought you here.

[BeerParticipant 11832]

I agree with not falling for the trappings of consumerism and wasting your life working just to buy dumb s~~~ you don’t really need…but I disagree with the whole work part time thing. Living cheap just so you can work part time means you work 10 hours a week less than the guy who works full time and buys lots of toys…you really aren’t gaining all that much…you’ll still spend your life tied to a job.

The key is to live cheap, work a lot, and invest the difference. Pretty soon your money starts to grow and you won’t have to work at all. I really just starting hitting the savings hard last year, but if my current saving/investing trends continue I think by the end of 2018 I’ll be making the equivalent of a 20 hour a week 10 dollar an hour job just collecting dividends. It just seems infinitely more productive to me to spend a few years building that passive income up than to spend your life scraping by.

The true beauty of it comes when you combine living cheap with saving a lot. I need about 15k a year to pay all my bills and s~~~ right now…and I could probably drop it a few thousand if I moved to a lower cost of living state or out of the country…but we’ll just go with 15k How much money do you need to make 15k in passive income? If you buy a bunch of stock paying an average dividend of 4%…400k invested in such a manner you’d be collecting 16,000 a year. If your income is up to 37,650 dollars your long term capital gains as a single guy are tax free…so that would be 16k right straight into your pocket! Its actually pretty insane considering 16k a year for working you’d be paying some payroll taxes on it. If you dislike the market you could probably make the same amount of money with rentals just owning a couple duplexes.

400k really isn’t that much money either. If you make 50k a year and get left with 35k after taxes and live off 15k…you could be banking 20k a year. If you average 7% returns banking 20k a year you could crack 400k in about 12 years, which considering most people end up working for 40-50 years of their life financial independence in 12 is pretty damn impressive. Similarly if you pick up a few decent rental properties while you are young you can probably pay them off in about as much time if you hit the mortgages hard. I’m not saying I’d pull the trigger as soon as I hit this minimum amount…I’d work a few more years for more of a cushion and for a little lifestyle inflation at that point so I’d have money to travel and do s~~~ so I’m not bored with all the new found free time I’d have, but I’m just giving an example of how an average guy can achieve financial independence relatively quickly in life just by being frugal and working hard even if you don’t make an obscene amount of money.(but hey…if you make 100k a year and can bank 50k instead of 20k you’ll get to your goals a lot faster!)

[Enjoy The DeclineParticipant 1719]

I already listened to about 4 minutes of it, and already I am agreeing with a lot of the things he says like how consumerism is a very big problem we have in America for instance. Good video. What I learned in life is that sometimes it is best to work with what you have right now than to desire something more since you will always save more money that way.

"Question everything" - Albert Einstein

[BeerParticipant 11832]

Oh yeah…one other thing to I forgot to mention. Thanks to Obamacare if you make less than about 16500 a year as a single person, you qualify for “free” medicaid…so free healthcare for life if you did want to retire as a minimalist on passive income at a young age! I couldn’t think of a more epic F~~~ YOU to the feminist welfare state. The system would have to support you for living your life in a manner that is completely opposite of the blue pill consumerist owned by a woman that society needs you to be.

[Zuberi TauParticipant 10606]

I’m all for minimalism but it is good to have enough disposable income just in case s~~~ goes south.

“Give a portion to seven, and also to eight; for thou knowest not what evil shall be upon the earth.”
-Ecclesiastes 11:2-

[BeerParticipant 11832]

Zuberi Tau wrote:

I’m all for minimalism but it is good to have enough disposable income just in case s~~~ goes south.

Exactly…that’s why I’m all for working hard/saving a lot while young and being financially independent over working just enough hours part time to scrape by your whole life. Even if things go south…it just means you work part time for a while to cover your basic expenses so you don’t have to draw down on your assets and the natural growth of your assets will get you back to where you need to be. If you had a half mil and were living off dividends and something happened and you had to run your balance down to 400k…a part time gig to cover living expenses while ignoring your nest egg and you’d be right back up to a half mil in 2-3 years.

If you subscribe to the just work part time forever mentality instead and something happens and you run up 100k worth of short term debt you now have to work extra hard to pay someone else interest on that money. I’d much rather be in a position where I’m just making a little less interest than in one where I’m paying someone else interest and responsible for an extra monthly bill. Debt is a f~~~ing trap and having no assets to keep you out of debt is like swinging over a spike pit on a burning rope…you might make it but do you really want to risk it when the alternative when you plan a little better means you just get to walk around the spike pit instead.

[MadmanParticipant 772]

I am getting laid off soon, so I will be putting my early retirement to the test. I am not where I wanted to be financially, I needed a couple more years of saving. But I should be fine.

I saved as hard as I could for the past few years, and my investments generate about 17k a year in dividends. I may have to sell shares at some point, but I will try to avoid it if I can.

[Wandering MGHOWParticipant 551]

Beer wrote:

I agree with not falling for the trappings of consumerism and wasting your life working just to buy dumb s~~~ you don’t really need…but I disagree with the whole work part time thing. Living cheap just so you can work part time means you work 10 hours a week less than the guy who works full time and buys lots of toys…you really aren’t gaining all that much…you’ll still spend your life tied to a job.

The key is to live cheap, work a lot, and invest the difference.

Holy s~~~ Beer, your post hit me like a ton of bricks. I currently work part-time and I’m also a minimalist who lives very frugally. I didn’t really realize until now that I’m only breaking even and not actually gaining anything. I thought I was saying “f~~~ you” to the system by choosing to avoid all consumerist bulls~~~ and working less hours which gives me more free time to do what I want. While this is still technically true, I’m only f~~~ing myself in the end. I should quit this bulls~~~ job and get a full time one. A full time job combined with my minimalist lifestyle would equal serious savings.

Now comes the hard part; finding a full-time job for an extreme introvert. Any suggestions anyone?

[Anonymous 6]

A cup of coffee and an internet connection and my life is complete 🙂

[BeerParticipant 11832]

Wandering MGHOW wrote:

Now comes the hard part; finding a full-time job for an extreme introvert. Any suggestions anyone?

I worked a warehouse job for quite a while. I don’t know much about your education or work history but if you are just looking for a job you can get without much work experience or a degree and don’t mind doing a little labor, it pays better than a lot of other unskilled jobs will and you’ll only really have to deal with your boss and maybe a few coworkers depending how big the place is…which is a hell of a lot better than working retail or food services and having to deal with the general public.

Or even retail if you don’t want to deal with people…a lot of bigger stores higher night stockers and pay them a bit more than daytime workers. Also not a bad gig if you don’t mind working nights. Some of the big chains also offer stock discounts which is pretty sweet if you want to build a nest egg. I know Home Depot let’s you purchase stock at a 15% discount with up to 20% of your pay. Lowes, Walmart, and I’m sure a bunch of other chains have similar programs.

I know a self employed guy who took a part time job at Home Depot and he puts pretty much his entire paycheck into HD stock and his 401k…if you don’t mind the part time job you have now and just want some excess cash to start investing, a second part time gig like HD might not be a bad idea. If you do what that guy does you can build yourself a nice little stream of dividend income with a little patience. If your a minimalist and never plan on having a huge income…the 10% penalty for early withdrawals on the 401k isn’t even a huge deal since you’ll be in a low tax bracket anyhow. If your get a decent dividend stream going in your 401k after adding to it and letting it compound tax free for a few years and need the extra revenue stream you can just have dividends paid out in cash and eat the 10% penalty while not having to sell any shares or eat away at your principal, you’d just be slowing growth a bit. Of course you’d be better off the longer you let it grow…but just saying, you don’t have to think of that money as untouchable til you retire, which I think scares off a lot of people from utilizing such accounts.

[Wandering MGHOWParticipant 551]

At my current part-time job, I have access to a 401k. I was putting as high as 25% into my 401k but I recently lowered it down to 10% because I was making less than $200 bucks a week with such a high contribution. Now I’m making a little bit more but I don’t know if its the best strategy.

I wonder if I should stay at this part-time job and continue with the 401k plan or just quit and get a full-time job doing overnight stock at some warehouse where I am far away from the public.

One thing to note that is VERY important, is the fact that my commute to work is anywhere from 40 minutes to 1 hour BOTH ways. This suddenly makes my “part-time” job almost a full-time job. I am out of the house for nearly 8 hours when its all said and done, but I’m not getting paid for all of those hours. I’ve been thinking what a waste it is and how I could probably make more money just working full-time. I do like the 401k and my pay scale however (1 more year and I will be making over $25 an hour). Truth is not a lot of part-time jobs offer 401k and benefits. Usually only full-timers get that stuff. I’m not sure what to do. Stay here and have more free time/benefits, or go get a full-time warehouse job overnight and make more money, but have slightly less leisure time.

[SimpleLifeParticipant 439]

Some good advice on here. I like living the simple life. I have my house out in the country. Never been a fan of the rat race. If not for women I’d be way ahead financially. Better to learn late than never.

[BeerParticipant 11832]

I don’t know man, I don’t really know all the details of your situation, I was just floating some ideas out. Would it be reasonable to move closer to work? Could you shift your schedule so you work less days but work longer when you are there…40 minute drive wouldn’t be so bad if you did it less often. Is part time 20 hours a week or 38 a week? Look around for other jobs for a while…see if what you could get is worth it…taking a 7 dollar an hour pay cut just for more hours and a little less driving would be kinda silly if you end up making less money even after factoring commute time in. Could you get more hours or go full time where you are at? If you got a second gig and they didn’t offer any decent savings programs who cares, it frees up more money at your other job to take advantage of theirs.

I just know with my buddy at HD…he just looks at it like he works a few nights a week and puts it all towards his retirement, but to him its just time he’d have spent sitting home doing nothing anyhow, so he actually prefers going to his joke job where he can get all his work done fast, f~~~ around for a couple hours and nobody really bugs him as long as his s~~~s done, then go home, rather than just sitting home watching crap on Netflix all the time instead. Its really not a stressful or overly demanding job for him. The 200 bucks a week he is investing adds up to 10k a year. A few years of that and he will have created a stream of dividend income worth a couple thousand a year for life for himself…if your a minimalist with a relatively small living budget…that’s a pretty significant amount of passive income.

I don’t know what his long term plans are…he very well might just do this for a few years then ignore it til he hits retirement age and it will be a nice chunk after 30-35 years of compounding so he can retire comfortably, or at least not have to eat cat food after retirement if something unplanned happens and he stops working 5-10 years earlier than the full retirement age. He also might just stick with it and use the extra savings to shoot for retiring in his 40s. His excess pay though is definitely giving him options, where as planning on working part time and just making enough forever your going to end up hurting big time if your company closes and you take a lower paying job or something forces you to not work prior to full SS age and you have to scrape by on disability that only pays a % of what you made while working. Even if you are one of those guys who wants to work part time forever just to keep busy, building a couple thousand worth of dividend income up when things are going good for you could make for a nice cushion down the road should something unexpected happen.

[Hombre LibreParticipant 261]

Greetings, MEN!

The following is a about my views on minimalism:

Some of this information was in my introduction when I joined on May 1. It is about minimalism, personal liberty, and mobility….AND how to live on about $20-$30 per day:

Here is a bit of my story…
I found OUR site and have been reading a lot from the forums lately. I am 100% certain I will never marry again, nor even live with some woman.
The sweet taste of liberty will not be taken away by marriage.
A few things about me… I am in my late 60’s. I will be retiring soon, which will INCREASE my liberty and my happiness!

My favorite book has been mentioned in these forums from time to time. It is: HOW I FOUND FREEDOM IN AN UNFREE WORLD by the late Harry Browne.
This is about the only book/kindle I recommend to people. I suggest they look it up online and read the chapter titles. Their reasoning, and emotions Will get them into this book when they’re ready for it, just like those same mental processes got us here to MGTOW. There is a free PDF available.
Browne had some very good advice about staying unmarried and keeping property separate from women.
None of us will ever be 100% free, but Browne’s book helped me increase my liberty by a high percentage.

In another area of liberty and freedom AND MINIMALISM:

I see that many men here are looking for increasing freedom. . . Specifically, being free from the responsibilities of owning a house, and being free to move anywhere quickly – – that is by having a lot of mobility, privacy, no debts, and being very “stealth”. There are opportunities to still work, have a job, supplement income, even with this kind of lifestyle.

There is a lot of information about that lifestyle on the website: http://www.vanabode.com, It is about converting a Chevy Express Van, to a home on wheels. The author makes his living by writing code, and gives other suggestions as well. The book has a lot of comparison to other styles of mobile living in a home on wheels … many of you may find it very informative … It is subtitled: “how a person can live for only $20 a day “.

The liberty to quickly move away from bad neighbors, bad weather/bad women/hurricanes (similar, eh?) is amazing!

I hope that the above information I’ve passed along to you brothers about liberty and mobility will be extremely helpful to you. Thank you for taking time to read what I’ve written
This is where I am today… Free of women and freedom from their money and mind traps.
Thank you and have a good week!

FROM: Hombre Libre (Free Man)

[Hombre LibreParticipant 261]

FREE PDF!

Here’s the link to the free copy of HOW I FOUND FREEDOM IN AN UNFREE WORLD:

http://metaphysicspirit.com/books/How%20I%20Found%20Freedom%20in%20an%20Unfree%20World.pdf

Enjoy!

HOMBRE LIBRE 5/8/16.

[OldBillParticipant]

Wandering MGHOW wrote:

Now comes the hard part; finding a full-time job for an extreme introvert. Any suggestions anyone?

Day labor and/or other temporary employment services.

Firms rarely hire directly these days. Instead you’re brought in as a “temp”, work for 90 days or so, and then a decision is made whether or not to add you to the payroll and benefits system.

That last part – benefits – is extremely important because it legally locks the employer to an incredible range of goodeis, bennies, protections, and other bulls~~~ which OboingoCare has done nothing to obviate.

Do not date. Do not impregnate. Do not co-habitate. Above all, do not marry. Reclaim and never again surrender your personal sovereignty.

[Author]

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