Up From Wage Slavery

Financial Freedom Through Economic Thinking

The Compound Effect of Our Life Decisions

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A few life choices can make the difference of half a million in a decade or so.

The Compounding Effects of Your Spending Habits

Most of us have seen diagrams that show the effects compound growth can have on an investment over a number of years.  With a long enough timespan and a sufficiently high interest rate, the graphs are impressive.  You know, like if you invest $100 each month, and you average 10% growth, you will have a quarter of a million dollars saved up in 30 years.  

Now graphs like these look great, and mathematically they work, but the problem with them is we have to make the right decisions every month in order to have the money to invest.  So for the equation to work out nice and pretty like the graph, we have to make the choices that will leave us with the leftover cash every month to invest.  In this post we will look at a couple of life choices that will make the difference of significantly more than $100/month. [Read more…] about The Compound Effect of Our Life Decisions

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Why Now and How

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Why would we quit our jobs, especially right now as we are just beginning our family?

Sam on Dad
Hold on for the ride!

For my wife, the plan was always to stay at home while little ones were around.  For me, it is a little more complicated.  Independence and autonomy have always been important to me, and in some ways, it is surprising I lasted as a teacher in a mainstream school for so long.  I was attracted to the idea that a teacher could be creative in what he teaches.  As the years passed, it became apparent that creativity and freedom are not well tolerated in a system where conformity and standardization are enforced.

I always thought my traditional teaching career would be shorter than a full length “typical” teaching career.  It’s not that I didn’t enjoy teaching – I did.  I just knew that I wanted some more freedom at some point in the future.  I have also seen many teachers, exhausted and burnt out after years of teaching, yet feeling trapped in their jobs, dependent on a pension that required them to stay in education for a full career.  I have always said I would leave before I became a burnout, I just didn’t know how soon that would be.   [Read more…] about Why Now and How

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I Quit and I’m Free!

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14 thousand feet above wage slavery
14,000 feet above wage slavery

I Quit!  I didn’t retire early.  I don’t have another job lined up nor do I plan on looking for one.  I am not sure where all my future income is going to come from, but I do know that I have escaped wage slavery!  Now for the adventure of maintaining a relatively high standard of living without a boss and without a full time job. [Read more…] about I Quit and I’m Free!

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