» How I live on $7,000 per year Early Retirement Extreme: — a combination of simple living, anticonsumerism, DIY ethics, self-reliance, resilience, and applied capitalism

Everything I own is for sale. In my mind, I'm only holding it temporarily. If I need something else for a while, I can always buy it on eBay or find it on Freecycle or Craig's List. In this way, these become like giant libraries of stuff I can "rent" for a while at the cost of depreciation. With

The design presented in the rest of the book rests on three pillars. First, reduce waste and increase efficiency. It's possible to live with the same benefits as the rest of society for one quarter of what the average consumer spends. Many of these

In fact, by taking the other end of the bargain, saving as much as other people are spending on wants, it's possible to retire and live on invested savings after just five years of full-time work.