Minimalist Lifestyle

[BeerParticipant 11832]

Untamed wrote:

I adopted a minimalist lifestyle not only out of necessity after my divorce but mostly out of disgust for this society and also as a protest for the commercialization of our lives, and death of Humanity by unscrupulous feminism, corporations and Banks.

Disgust for society has also been pushing me towards a minimalist life style. I used to dream of getting a sweet ass sports car, but I don’t think I’ll ever buy one now simply because it means I have to pay more taxes to a f~~~ed up system I despise. Same for a house…I’d really love to buy a house, but around my area that’s going to increase my tax burden by about 4k a year vs just being happy with a small condo. I’m not really sure I want to buy one anymore because the less I “owe” to society the more happy I am.

Its like society brainwashes you that possessions are rewards for success, but then they want to tax the crap out of you for having possessions, just so they can redistribute that wealth to morons and waste it on dumb s~~~. I hope it becomes a growing trend that enough people become disgusted with the system that retiring in your 40s becomes a more sought after reward for success than working into your 60s to pay for a mcmansion, boat, multiple cars, etc.

[The Stumpy MonkeyParticipant 8]

I am 23, and have so far avoided debt. I haven’t married or really dated outside of high school because of the reasons MGTOW have said, long before I knew about MGTOW. What are your ideas on how to buy property and build, to save yourself from going into debt?

life is what you make of it. i am an amputee and still stumpin

[BeerParticipant 11832]

The Stumpy Monkey wrote:

I am 23, and have so far avoided debt. I haven’t married or really dated outside of high school because of the reasons MGTOW have said, long before I knew about MGTOW. What are your ideas on how to buy property and build, to save yourself from going into debt?

I just work a lot, live like a cheap bastard, and throw all my extra money in the stock market. I made over 20k in gains last year just for having money in the market…and although I may have a down year here and there, chances are if I stay in long term, thanks to compounding, dividends being increased, and adding more money to my investments, my long term trend should be that I make more and more passively each year. Sooner or later I’m going to hit a point where I just say f~~~ it I have enough I’m done working…and that is going to be a glorious day.

For staying out of debt…its really all on you man. You just can’t fall for the trap of buying an expensive car and a big house and its really not that hard to keep out of debt. When I was in college I went part time so I could work as much as possible and pay my way through…got me through debt free. I put most of my purchases on a credit card but I never charge more than I can pay off that month. Once you start to get into debt its easier to keep digging deeper and deeper when you end up with more and bigger monthly payments…so if you never start digging the hole to begin with you will be doing yourself a great favor.

[The Stumpy MonkeyParticipant 8]

I have been taught to conserve resources since I was young really; my mother and father both taught me financial conservatism, and self sufficiency. My dad taught me mechanical stuff, and my mom taught me a bit about computers which I have gotten good with. I can change my own oil and brakes, and serpentine belts. I can fix computers. I think one thing about being MGTOW, at least for me, was self independence, and sufficiency. Which also saves money ultimately. In today’s society, it’s easy for me to feel like an outsider for the fact I am a hard libertarian in a society that has become a welfare state. TFM’s monkeynomic series, was an amazing look into how you can live like a king on average income, if to avoid debt, and you are still going to be minimalistic. You can live happy, through living at your means. And it’s become really obvious to me I am happier when i live a life of minimalism, because I don’t feel the pressure to be a supporter for society, and I don’t feel older than I am, because of being in debt and the stress it brings. It’s an easy way to save money, ultimately.

life is what you make of it. i am an amputee and still stumpin

[BeerParticipant 11832]

The Stumpy Monkey wrote:

In today’s society, it’s easy for me to feel like an outsider for the fact I am a hard libertarian in a society that has become a welfare state. TFM’s monkeynomic series, was an amazing look into how you can live like a king on average income, if to avoid debt, and you are still going to be minimalistic. You can live happy, through living at your means. And it’s become really obvious to me I am happier when i live a life of minimalism, because I don’t feel the pressure to be a supporter for society, and I don’t feel older than I am, because of being in debt and the stress it brings. It’s an easy way to save money, ultimately.

I agree man. I often want to buy a house and a sweet sports car…but then I just remind myself I live in a s~~~ty high tax state and I’d probably have to puke up 7-8k a year more in property taxes for those things. Ultimately its easier to just live off 1/4 of my income, save like a mad man, and just plan on retiring early and living abroad where life is much cheaper, or at the very least moving down south or out west where taxes are lower and cost of living more reasonable than where I am now.

If you keep yourself debt free and live a simple lifestyle…its possible to live well off 20k a year. If you go with a safe withdrawal rate of 4%…you only need a half mil to sustain yourself indefinitely. The way I see it…if I can hit a million in the next few years I’ll be out of the rat race in my mid 30s, can afford a little lifestyle inflation if I desire, and will still be reinvesting more money each year from my stock earnings than what a lot of people are even setting aside while they are working. Its a win win for me and its all possible because of avoiding debt and living cheaply.

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