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podcast 424 - Better World Book - Finanace - Part2

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Location: Issaquah, WA
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Credit: Bill Crim

Paul and Shawn talk to Jacob Lund Fisker of Early Retirement Extreme fame. They go over the a chapter in detail with Jacob’s comments. 

People at different levels of the Wheaton Eco scale really do thing people above them are crazy. Often times good people just choose to withdraw from saying things publicly because of this. Other like Sepp Holzer fight back and success. If you want to change the world, sometimes you have to take the heat.

They talk about Jacob’s story, and how he finally retired at 33 and started Early Retirement Extreme. Work a normal job, but save as much as possible as early as possible. Jacobs says it is easier to start at 0 and then only add back in the necessities, rather than cut things until you have saved enough.

Paul talks a bit about Residual income streams related to selling content on Permies. Paul prefers this sort of affiliate program instead of investments. Residual income builds just like interest. Try 100 things, only 2 will work out. If you try 0 things, 0 will work out. Jacob prefers investing and thinks that once you get into it, you will feel less scared of it. The hardest thing with trying 100 things is actually doing 100 things.

Early Retirement Extreme http://earlyretirementextreme.com/
Story of Ferd and Gert https://permies.com/wiki/60288/Podcast-Permaculture-Millionaire

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