Lets get a frugal thread going. What small steps do you take to become the next self made billionaire?

Lets get a frugal thread going. What small steps do you take to become the next self made billionaire?

>pee in sink to reduce water bill

Other urls found in this thread:

youtu.be/iCtDiLiaayk
earlyretirementextreme.com/
earlyretirementextreme.com/cooking-for-6-days-in-30-minutes-for-less-than-4.html
twitter.com/NSFWRedditGif

crypto currency

try an illegal way get your self some skills become a hitman earn millions then die in a fight with a squirrel
youtu.be/iCtDiLiaayk

Literally just don't flush every time you piss. That's what i do. Also rarely eat out and realize that canned/preserved produce is just as good as fresh

when pipe gets clogged, stick your dick in it.
no need to pay for plumber, no need to pay for whores.

I miss back when frugal threads were about optimizing your lifestyle and live a more fulfilling and productive life, while also spending less money on things that don't make you happy.
Peeing in the sink makes no sense.

Making a lifestyle grid visualization will help you more than anything.

Living in a small place and filling it up with self-made/free/used furniture with a minimalist design theme is an amazing idea. Very cheap, and you can actually invite people over.

Bicycle to work, sell your car.
>B-but m-muh impressing ladies with an expensive car!
Unless your work/business revolves around impressing people (Some do), having an expensive car is bad. You'll be fit and energetic if you bicycle instead of driving.

Find hobbies that are either very low-cost, free, or actually makes you money at one point.

Learn how to cook, and master the cheap ingredients. You can make amazing food for a normal or below-normal budget. Healthy, too.
If you want to go the extra mile, become a vegetarian by habit. It is cheaper. You don't have to be that guy/girl that asks for special privileges when you're a guest. You're in it for the frugality not the smug superiority complex.

Buy a few pieces of clothes you like, and that will last. Buy them used if possible. Generally 'generic' clothes are plenty and cheap, and you can look stylish in them.

Meditate. Free and overall the best thing you can do for your mind.

FOCUS ON BUILDING SKILLS, NOT CONSUMING. Building skills will not only make your feel better about yourself, you will also have more to talk about, have more opportunities, and, you can even monetize several of the hobbies you will have.

Also, remember; If you master frugality and high-earnings, you can retire stupidly quickly. As in, 10 years or less.

.

What's a lifestyle visualisation grid?
Also how to be frugal when your partner is a die hard consumer?

Sold my kidney for Trumpcoins.

>What's a lifestyle visualisation grid?
It is simple, but it helps getting a clear picture of your habits and how they either go with, or against, your goals.
It also helps to see why certain positive pursuits seem to stick better than others.
Mine is ony paper but I digilazited some of it to show you.
First, you make some circles, and write inside them your goals. It can be "Better health", "Less spending".
Then you try and make shapes with your habits, with each corner being a goal. So, for example, "Bicyling" would make you progress towards better health, less spending, and looking good. That makes it a triangle.
Cooking, however, also increases health and decreases spending, but the third point is "building skills", so this triangle shares 2 corners.

The point is to make as many shapes connect as possible, and have as many corners in each shape as possible it. It means that your habit loop is working for you, not against you.

What often happens, is that if you write habits you want to have, but don't have yet, they often branch off and are a bit 'lonely', they don't connect with anything else. You can try and solve this to make the habit more succesful.

You can see in mine, it is mid-tier. My business does a lot of good, but as you can see only that habit increases income and networks at the moment, and it is loosely tied with the rest. If I was smart I would sign up for some sort of sport social-thingy to meet more people.
>Also how to be frugal when your partner is a die hard consumer?
Find a way to draw the line, and learn to accept eachothers habits.
Overall, I would say if you are really dedicated to the early retirement / fortune path, you'll really have to have a serious talk with them, explain why you do what you do, and home they understand or join you.

Right now me and my partner have a division between what we do. They spend a lot of money on clothing and tech, but none of that is from my budget.

I literally only eat rice and eggs.

I buy maybe 2 outfits a year.

No Tv, I can get everything online.

I wish I could bike or walk to work, but I live in northern Midwest of the US so it's not feasible.

Any sources/books/websites on legit frugal advice?

In all honesty
earlyretirementextreme.com/
Read his blog, and I recommend his book, too.

I'll let you know though, that a lot of fake rumors circulate about what he does.
He got a decently paying job, worked it for 5 years, and quit.
He is back working now since he likes his work, but he does not have to work anymore.
He lives on a budget of $7000/year, allowing him to retire when he had 175 000$ saved up.
What he has done is very realistic, and anyone could potentially do it, if they have the right mindset and values.

Fisker also regrets naming his blog "Early Reitrement Extreme" since he sees it as the most rational path, and that what we see as 'normal' is extreme.

I give his book a solid 10/10. He is amazing at explaining his view, and you will get an massive arsenal to defend your lifestyle, and improve it.
He provides countless tools, systems, insights, and viewpoints.

His nearest 'competitor', mr. money mustache, I got this to say about him:
Fuck Mr. Money moustache. He had an amazing career, got a shitton of money, and now he claims anyone can do what he does. MMM is over monetizing his blog selling a dream (Buy this thing from me/my partner and you will save money!). He has been called out so many times on his BS that it is just sad. He is a chronic hypocrite, too.

Fiskerbro (Early Retirement Extreme) earns little money from his blog, and he does not hold back or try to appeal to the common person.

There's loads of shit but nothing specific I would recommend. You need to look at what you're spending too much money on. A lot of sites have ridiculous advice like not flushing the toilet or washing out zip lock bags. These things aren't going to help that much.

Keep track of everything you spend for a month or two. Look through it and figure out where you spent money on things you didn't really need or want. Everyone has different wasteful habits. Some people spend $5 a day on coffee that they could've made for ten cents at home or spend $10 a day eating out when they could make something at home for $3. What it is varies from person to person

You don't have to give up everything at once just look for little shit you're spending on that you don't need. In my current situation I could get by on $500-$600 a month but most months it's closer to $700. You situation likely isn't the same as mine so specific advice isn't easy to give. Just take small steps and you'll end up changing the way you think about spending money and it will keep getting easier.

>I literally only eat rice and eggs.
'I only eat rice and eggs' would have sufficed. 'Literally' is a lingusitic crutch like 'totally', or 'know what I'm saying'.

My frugal tip? Cut 'literal' out of your language.

Your ex used "literally" too often didn't she?

It's an expressive term to denote an actuality.

I can't tell if this is a serious post or just shilling, but I'll check it out.

Thanks user.
So basically track my spending to form a budget right?
Should I be itemizing my expenses as I do it or just write it into a general category?

It's like managing what you eat. The more accurate you are, the easier it is to correct it and stop eating so much avocado instead of skipping lunch all together. You don't have to be anal about it, but "books" is better than "amazon" is better than "entertainment".

I don't have a lot of advice but I can sort of help with a hobby kind of thing.

I really enjoy history so I enjoy reading about it and would like to reenact like a loser, but that is an expensive hobby if you buy the stuff you need. I figured I would try to make the stuff instead of simply buying it. That interest got me into blacksmithing which now makes me a little spending (saving) cash when I make things I want to sell. So far that has only been small things like nails (authentic, hand forged) for people making different period accurate things and a few small knives. I have also learned a little woodworking and leatherworking. Soon I would like to make some videos about history or blacksmithing and put them up on youtube for the pennies i'll be getting, but also as a way to advertise my stuff a little bit.

I'm looking into more stuff I can forge in order to go for the pretty niche reenacting crowd. Stuff like knives, axes, and even arrowheads are applicable today as well, so that could be done. Arrowheads are as easy to crank out as nails, honestly.

Finding a hobby you like and can make some money in is a pretty nice thing. Highly recommend it.

ERly retirement extreme is excellent

just pee in a bottle and pour it somewhere discreet outside, saves time and your toilet doesn't smell of pee

just 1 potential opportunity among many and probably on the same level as dodgy penny stocks

there is always a catch to these things

>I literally only eat rice and eggs.
it is difficult to notice the effects on your mental health and health caused by a deficiency or poor diet, but they are there

>meditation
>lifestyle visualization grid
>another Mr. Money moustache
probably memes, is there any actual science behind meditation or what

>is there any actual science behind meditation or what

Yeah. I mean, it's basically just relaxing which is pretty good for you.

ok mr sanity

>is there any actual science behind meditation
Improves cognitive performance and concentration over placebo at statistically significant levels, is relaxing which is good for you, improves overall health due to lower blood pressure and regulation of breathing as well as awareness of the body doing what I'm going to leave at "things". Of course, none of that is the goal and are only fringe benefits.

Hypnosis and CBT yield better results, but that's a different kind of more active work that meditation complements. That lifestyle visualization is a shitty version of cybernetic analysis. For most of this shit to work well, you have to know what you're doing and why.

I have always loved cooking and have gotten pretty good over the years. At my last office job, coworkers used to go out for lunch every single day and spend $10+ per meal. A couple of guys realized that I never joined them and my food was just as good as what they were buying, so asked me to start bringing in meals. I started bringing in a couple of extra boxes every day and selling them for $6. Nothing crazy but it covered all of my personal food expenses. So now instead of spending $150 a month for food, I was making $50. That's a $200 shift, after a couple months that really adds up and it's not much work. I figured out it comes out to about $20/hour for the extra cooking.

I don't buy new clothes unless absolutely necessary. A few years ago I went to H&M and got a dozen solid-color shirts for like $5 each. So now maybe 5, 6 years later I haven't bought a single new shirt since.

Sign up for credit cards that offer bonus rewards. I got an offer a few months ago for a $100 bonus after spending $500 in the first 3 months. I'm going to spend that money anyway, so I just used that card for all my regular expenses and then got $100 back. Just make sure you pay the balance off so you're not paying any interest.

The thing that has made the biggest difference in my financial independence has been food and drink. How much do you spend on dinner? What about at the bar? Instead of going out every weekend, invite some friends over. Cook a good meal and drink in the comfort of your own home around people you actually like. Let's say you buy a handle of decent vodka- there are 35 shots in a handle, you can all get pretty buzzed for a tiny fraction of what that would cost at any bar. A pound of good pasta is like $2. Do the math, you'll all save money.

Read the Relaxation Response

>don't eat and drink only when I feel I'm dying
>stay in bed all day to conserve energy
>no light or desktop, just my smartphone
>don't shower
>only flush toilet once a week

>wipe my ass with fast food napkins from the rare occasions I eat out

>looking around my house I can see only 1 piece of furniture, a shelf that I purchased new. the couch im sitting on I got off the side of the road

>got a streaming box so I can watch pirate movie streams instead of buying things

>generic food erryday

>buy sugar and flour in bulk, got them in 5 gallon buckets

>dont buy any clothes new if I dont have to, but its a bitch to find used stuff in my size

>save junk metal for scrap

Since you follow Fisker, here's a question:

I remember reading on his book that he had 20 different sources of income. Do you have any idea what these are?

shave with an old style safety razor, not the newer kind. You can get ten blades for 3$. In my line of work you dont have to be clean shaven so I only shave about once a week.

thats a good tip
merkur makes some really nice ones

you can get blades even cheaper too. just buy in bulk. $15 for 100 blades on amazon

tub of shaving soap like taylor of old bond street will last you over a year for $15 bucks so you dont have to buy shaving cream either

>Be vegan. Eat like a Kenyan peasent.

No seriously food is easily the most easily overdoable expense not to mention health bills if u eat like shit.

kill and eat them, saves on food bill.

He talks a lot about having hobbies that builds skills that can later be monetized ( his renaissance man ideal, that he actually reached and went beyond).
So I could easily see him with a lot of part-time gigs that net a good chunk of income but can not be repeated enough alone to actually sustain him, but with an array of monetisable skills it all adds up.

>have no friends so no socialising expenses

im not coping, i prefer it this way, i swear

If you are willing to go to that length, this is for you:
earlyretirementextreme.com/cooking-for-6-days-in-30-minutes-for-less-than-4.html

6 days of food for around $4.

I find the best way to be frugal and social is to not drink, and then be designated driver in someone elses car.
You'll easily be invited to anything if you're a cool dude, and you will not be the odd one out.

whats the best way to be social if you have no friends?

You have family right? Start there.

How is eggs and rice a poor diet? Rice is a good staple and eggs are the most nutritionally perfect food. I also take a good multi.

Drive slowly, and when you see that a light a quarter mile ahead is red, let off the gas and let your car roll its way to the light. Also, try to casually break rather than slam on your breaks.

This will save you tons of money on gas in the long run!

Why wouldn't you do this anyway? Retards blow past me all the time and then I see them at the stoplight.

>frugal thread
>"I live on the streets and take baths in fountains to save money!"

I'm tryn 2 b frgl w/my lang any tips?

Murder those competing against you in the same market, while pinning the murders on other people you are competing with in a different market

Drink your semen after jacking off for nutrients. Unlimited fap to food supply.

>Pasta and vodka

Sounds like a brast

> live in europe

> early retirement impossible due to taxes

fug, we have healthcare and stuff but I never used any of it. Also a lot of immigrants getting unemployment benefits and abusing the system

Exactly. Plus you don't ever run the risk of getting a speeding ticket.

>Tfw by taking own sammies and coffee to work save 150-200 every two weeks

Ayy

This is a great thread, thanks anons :)