Easterlin Paradox and Early Retirement

Throughout this post, I discuss the relationship between two concepts from the field of Economics(?): the Easterlin paradox and early retirement.

Early retirement is a controversial issue in economics and personal finance. I have written about it in an earlier post. Many Americans consider early retirement more than just a chance to have the most relaxing time of their lives. They can either succeed or drown at a crucial point in their lives from this point.  

Easterlin paradox, on the other hand (or coincidently?), explores the relationship between income and happiness, or lack thereof.

easterlin paradox
The original Easterlin chart
Continue reading “Easterlin Paradox and Early Retirement”

Sell tradelines to earn money: what it actually looks like

I found out you could sell tradelines to earn money the same way most people do — by accident. I was digging around the Mr. Money Mustache forum, looking for something more useful to do with my credit cards, and someone mentioned authorized user tradelines. (I remember thinking it sounded almost too passive to be real. I still think that sometimes.)

Continue reading “Sell tradelines to earn money: what it actually looks like”

The Simple Path to Wealth (book review)

“The Simple Path to Wealth” is the book by Jim Collins, that compiles and re-organizes everything in his Stock Series posts from the blog he started a few years ago to teach his daughter about finances.

The Simple Path to WealthI read his blog from beginning to end once and then just his Stock Series a second time. And then when I read the book I didn’t get much new (it was my third time reading the material after all) but the book is better organized (obviously) and is a bit more succinct (Collins tends to be a bit verbose in his blog), so if you read a few of his posts and they “click” then you may want to try and read the book. Also, having the book makes it easier to share with friends that could benefit from the knowledge (kind of part of my idea when I bought it).

Continue reading “The Simple Path to Wealth (book review)”