A video I did for an environmental blog (faircompanies.com) was posted on youtube.
When you first meet new people, their initial impression of you will be based 55% on your appearance and body-language, 38% on your style of speaking and only 7% on what you actually say.Impression.
""Total Liking = 7% Verbal Liking + 38% Vocal Liking + 55% Facial Liking. Please note that this and other equations regarding relative importance of verbal and nonverbal messages were derived from experiments dealing with communications of feelings and attitudes (i.e., like–dislike). Unless a communicator is talking about their feelings or attitudes, these equations are not applicable."
By COguy:« on: November 13, 2012, 01:51:08 PM »At the risk of seeming insensitive, I wanted to see what all of you folks thought of this. Is it just complaining?
It seems to me that if one followed mustachian principles they should get out of sticky financial situations much easier. Ride a bike, in source everything, etc...Yet, I know I was lucky to be born to good parents and some of these people were not and I feel that that stacks the deck against them.
Obviously, the medical expenses make sense as being very hard to overcome, but what about the rest?
Romney said he'd completely get rid of all capital gains taxes for people earning less than $200,000 a year off of dividends ect... in the debate tonight? Is that really possible? And how does that affect a mustachian's situation of retirement?
By I.P. Daley :
Was reading the evening news tonight, and came across the following article in the world news feed:
Afghan family works to pay off crushing debt
Nutshell on the article? Guy gets married, wife gets sick, guy borrows $900 from his employer to get medical attention for his wife. Nine years later, he's still in debt and he and four of his six children (youngest working is 4 years old) are working in the kilns along with him to try and just eat and pay off the debt. And they aren't the only ones:
This isn't some new story in the history of man... it's happened before, it's happening right now, and it'll keep happening. This sort of thing even occurs in today's United States, just look at the immigrant tomato field workers in Florida as an example right off the top of my head.
A lot of us give a lot of lip service to frugal living, staying out of debt, being socially responsible, and extol the virtues of the bounty of goods that allow us to pursue financial independence. We also frequently want to punch people in this country in the face for their decadent living beyond their means and wasteful consumerism, and honestly, this article just re-stirs some of that anger because some of these never-to-be-forgiven family life debt balances on loans taken out for basic necessities in the third world are for less money than many people waste on frivolous crap in a month here. A lot of times, we also forget where a lot of these goods that give us the quality of life we have come from and who made them as well as how little (by our standards) it can take to dramatically change their lives.
« on: August 01, 2012, 12:07:04 PM »Purpose & Rationale For This Thread
Since nobody seems to have any real objections to the central argument in sol's thread on how your early retirement might be evil, and since the thread has morphed into a discussion about somewhat tangentially related matters (e.g. justifying charity, differing moral systems, the purpose/value of taxation, sustainable population levels, et alia), I figured it'd probably be be best to start a new thread to begin discussing practical ways of reducing or eliminating the evil in pursuing & maintaining early retirement.
Summarizing the Problem
Okay, so let's identify the areas (in italics) where evil can creep in to MMM/ERE-style early retirement:
MMM/ERE Early Retirement =df A lifestyle attained and maintained through frugal practices and investment strategies, whereby one keeps a high savings rate during one's working years, eventually reaching the point where return on investment from savings covers all living expenses at the very least, which enables one to forego working a conventional job and thereby free more of one's time in comparison to more conventional working careers.
The thesis is that in pursuing early retirement, each of the three italicized areas above could perpetuate an unjust inequality: viz., the manner in which one executes one's early retirement could support (or at least be dependent upon) a system that denies that same opportunity to others.
- Frugal Practices: If one seeks to maximize one's savings rate by purchasing the lowest priced goods at the best value, one might be supporting businesses that utilize exploitative business practices.
- Investment Strategies: Investing in stocks provides capital to companies that seek to maximize return on shareholder investment. Just as with keeping prices low for the consumer, many companies employ exploitative business practices to maximize that return. Investing in bonds provides capital to many of those same companies.
- Allocating Free Time/Resources: If we will early retirement as a value, it would be contradictory for us to maintain that other's shouldn't have that same opportunity. Merely refraining from perpetuating the system is not enough. We should do what we reasonably can to provide people that opportunity.
If we're concerned with reducing or eliminating this unjust inequality, then we'll have to a) choose frugal practices and investment strategies that at the very least don't exasperate the unjust inequality, and b) actively do what we can to help alleviate it. Below are some of the ideas I've come up with for going about doing this.
(The following was a "letter to the editor" I submitted to a progressive magazine in response to articles on global warming)