Foolproof tricks for sticking to your budget

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Low to Medium Income.

How to stick to your budget

Different people have different tricks for adhering to their budget.  Some only spend in cash.  For example, imagine a budget of $2,000 a month, excluding savings.  One could withdraw $500 from an ATM each Monday and try to last until the next Monday until withdrawing any more.

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A hard road

6 to 6

Book review of 6 to 6 by Mather Schneider.


There are some careers that inevitably push their people towards misanthropy. Cops, criminal lawyers, prison guards. Social workers.

Taxi drivers.

Mather Schneider was a cab driver in Tucson, Arizona for 15 years. This is a collection of stories he collected along the way. A few make the spirit soar; most leave the spirit muddied and lying in the gutter. In a good way.

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Random money hints

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This is an extract from Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Guide to Building Liberating Wealth on a Low to Medium Income.

More handy hints for managing your money

– It might be possible to have deductions automatically taken from your salary or bank account and put into a savings account or investment, if you’re ready for that.  Setting this up once can help if willpower is a problem.

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An example of how to turbo-charge your budget

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual for Building Liberating Wealth on a Low to Medium Income.

Here is an absurdly simple, example budget for one month to give you an idea of how it works. 

Imagine this is your budget, that you do not yet have an emergency fund saved and that the monthly payment on the car loan listed is the minimum allowed:

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The limits of Woke

Last week I wrote about how Woke has become a new, proselytizing religion that is coming to dominate all areas of Western society.

It is predominantly a white, middle-class religion restricted to the WEIRD countries.

While it may seem universal, Woke has natural limits. It runs into a brick wall in those cases where its underlying contradictions or foundations become too much to bear.

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Which comes first: saving an emergency fund or paying off debts?

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Low to Medium Income.

Save an emergency fund first, or pay off debts first?

The next chapter explains what an emergency fund is, where to save it and how large it should be.  It is essentially a rainy-day fund, and you definitely need one for financial freedom. 

But you also need to rapidly pay off your debts in order to reach financial freedom, as will be explained in the chapter after that.   Which of these should you do first?

Here is the order of operations:

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The new religion

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White Christians in Houston, Texas pray for forgiveness from blacks. Source: https://faithfullymagazine.com/white-christians-kneel-apologize-racism/

Around 2000, futurism was popular. Highly paid grifters would give keynote speeches about what was around the corner: the convergence of gadgets, the rise of online trading, the growing importance of China.

I don’t think anyone foresaw the establishment of a major new religion, much less its rise to dominance among the West’s elite in just seven years.

Now it has arrived.

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