Money, Freedom and the Art of Happy Living

Seen at Rila Monastery in Bulgaria - a great place to get some distance between you and your job.


Saving is a key concept for anybody who strives for a frugal life.

Saving can add a lot of freedom and control to your life, because it means to think about what you really need, and to do spending and consumption more consciously. And it can free you from the rat-race, as it will curb your need to ever increase your income.

However, I am not a friend of saving on its own sake, and I am so far not yet fully convinced by the concept of early retirement extreme (ERE), which discussed a lot in the frugal community.

I sure respect this approach, and I find it very stimulating reading about it, as it teaches a lot on how to renounce unnecessary consumption and wasting money. But I see certain risks in ERE as well and generally in relying too much on saving alone.

Here are a few of my doubts:
...continue reading at my main blog