Tuesday, 23 April 2013

Book Review Monday: Early Retirement Extreme — A philosophical and practical guide to financial independence by Jacon Lund Fisker

I apologize for the past few days when I didn't post...I was in a mostly internet-free zone while travelling. Greyhound promises free wi-fi but it didn't work :(
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Early Retirement Extreme — A philosophical and practical guide to financial independence by Jacon Lund Fisker

Wow. All I can say is "WOW."... I saved this e-book on my Kindle the other day when I took the Greyhound over to Jersey (21 hours!) and read most of it on the way...fascinating. It has to be read again, though, because it has some complicated parts and a lot of graphs and formulas (Fisker has a Ph.D in physics).

For anyone looking to cut finances -- wow this guy knows how to do it -- his grocery bill is $50-$80 per person per month. He shows how it is illogical to drive a car and then work out at a gym to counteract our sedentary lifestyle...and much, much more. He is probably the most frugal yet thought-provoking and accomplished person I have ever come across! In fact, I will have to read this through at least two more times to completely understand and absorb it all.

On the negative side there will be many who feel they cannot go to his extremes...however his premise is that the reader will learn from him and develop their own conclusions and frugal life strategies. Fisker is big on critical thinking and this is a skill that everybody needs, but very few actually ever learn. Critical thinking is difficult and time-consuming -- but essential for life, unless you just want to go along with the crowd, never asking questions, never taking responsibility for your own life, thoughts, and actions.

(Here is a link to a good basic critical thinking video series I found recently. It's a six-part series of animations on basic logical flaws and more.)

So to reiterate, this book is incredible and very mind-expanding. You may not agree with all of Fisker's points but you will definitely find something worthwhile in this book. 10/10



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