Jacob is a former physicist who developed a plan that can help anyone, regardless of income, industry, or background, from where they are to financial independence in 5 years by learning to free themselves from the earn/pay cycle and substituting use of skills for purchasing everything.
Jacob’s book is truly one of my absolute favorite books on personal finance. It’s radically different from mainstream advice and yet, it’s radically simple and radically effective!
If you haven’t read it, do so. As soon as you possibly can!
Links from the discussion:
- Personal finance blogs that were among the first Jacob read before starting Early Retirement Extreme: Lazy Man & Money, Get Rich Slowly, The Simple Dollar.
- Skill acquisition can replace the need to spend money.
- Thomas Stanley’s latest book, “Stop Acting Rich“
- Liebig’s Law of the Minimum
- “The Rational Optimist” by Matt Ridley
- “Mortgage Free” by Rob Roy
- The Passive Haus and Leed building standards
- Allegory of the Cave
- “Why You Need F-You Money” Jim Collins
- “I Quit My Job to Live in a Tent and Write Code” and, an update on Thomas Backlund’s entrepreneurial journey
- Charlie Munger’s Latticework of Mental Models
- “The Warrior Diet” by Ori Hofmekler
- The last people in the world to not have a cell phone: The Bumfuzzles
- Ralph Borsodi
- Ernest Callenbach
- Helen and Scott Nearing
- Jacob’s interview on “The Survival Podcast” “Everything you do should make your life better even if nothing goes wrong.” -Jack Spirko
- Jacob’s interview on Paul Wheaton’s (from permies.com) podcast