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Finances and Going Monk  

 

Captain Canuck
Man
Joined: 3 months ago
Posts: 29
19/08/2020 9:14 pm  

One thing I noticed since going Monk over a year ago was my savings keeps going up and up! 

Back in the day I was the most mangina simp out there, I once took a thot out to dinner twice in the same day (breakfast and lunch). I facepalm thinking about doing such stupid things now.

But basically I have been trimming my expenses more and more and I've had multiple paychecks now where I've literally saved everything.  Doing this is so much easier when you don't have a thot in your life.

The faster you achieve FIRE the faster you are free and then you are truly a man going his own way!


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rsutt2020
Man
Joined: 4 months ago
Posts: 28
20/08/2020 4:10 pm  

   You're exercising exactly the CORRECT WAY to handle life Captain Canuck!!!! I practice more extreme personal financial constraints/minimalism than what you mention above, and I have no doubt that it will pay off later. YOU ARE maturing as a man. This is great news! I used to do just the same stupid shit with my time & money when it came to this new de-generation of Millennial girls (I can't call them women since they don't have a lick of real character & remain spoiled bimbo teenagers their entire lives).

   Keep up the good work and do not stop your plan under ANY CIRCUMSTANCES! Let nothing and no one stand in the way of this all-important format in which you conduct yourself! Keep kicking ass brother!


Old Buck
Arbiter
Joined: 2 years ago
Posts: 2459
20/08/2020 6:59 pm  

In my youth I spent most of my money on beer and women.  The rest I just wasted.

If I only knew then what I knew now...

 

Had I NOT drank and smoked, I could've owned a house and several more motorcycles to park in the garage.

Had I NOT chased women, I could've bought several apartment buildings or storage units and never had to work another day in my life.

Come to think of it, I smoked and drank to forget about the lousy women...

 

33 “Oh, Sh*t, F#ck, No!” Fail Gifs | Chaostrophic

Do NOT chase tail. Turn yours around and live FREE!


The Evil Genius
Admin
Joined: 2 years ago
Posts: 2094
21/08/2020 1:23 am  

Wait a minute! What happened to the pizza girl? 


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Captain Canuck
Man
Joined: 3 months ago
Posts: 29
21/08/2020 3:41 am  

@rsutt2020

Do you have any financial advice you can share? It's much appreciated 😊


Happy The Not Very Happy Clown
Moderator
Joined: 2 years ago
Posts: 1910
21/08/2020 1:25 pm  
Posted by: @captain-canuck

@rsutt2020

Do you have any financial advice you can share? It's much appreciated 😊

Wishing Well's - they DON'T work. Honest. Trust me.

I want my loose change back!!  ALL of it!!! 

 

(There are some members on here that give solid financial tips Captain - but asking me about financial advice is about as beneficial as putting me in charge of Health and Fitness!! 🤣 )

 


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Captain Canuck
Man
Joined: 3 months ago
Posts: 29
21/08/2020 4:12 pm  

@don-keyknob

Yeah I'm trying to lose weight as well but it's not easy. 


The Evil Genius
Admin
Joined: 2 years ago
Posts: 2094
22/08/2020 1:28 am  

Financial advice? Well there's always rob a bank--- 😲 


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Captain Canuck
Man
Joined: 3 months ago
Posts: 29
22/08/2020 9:52 am  

@pistolpete

If I could guarantee that I wouldn't be caught I would. Problem being theres a 100% chance I'll be caught!


Old Buck
Arbiter
Joined: 2 years ago
Posts: 2459
22/08/2020 9:32 pm  

@captain-canuck

Financial advice:  don't spend your money. 

 

Just some advice on GROCERIES to save a lot of money:

  • Spend less money on food.  Food = poop.  The less you eat, the less money you crap out, the more weight you can lose, the bigger your bank account grows.  You will spend less on toilet paper as well...
  • Eat before grocery shopping.
  • Do not buy chips, soda, or other non-nutritional foods.
  • STOP buying flavored waters and other drinks.  Water from the tap is free.  Get used to the taste of freedom!
  • Make your own coffee.  I make a pot of coffee a day for a fraction of what it costs to buy a large cup at any gas station.  I buy GOOD beans from Aldis, grind them fresh daily, and use whole milk and cane sugar.  It costs about $22 to make 30 pots!  That equates to $0.25 for a 16oz. cup!
  • Make a meal plan, buy a week or two of groceries at once, stick to the meal plan.  You will spend less money on fuel making useless trips to the grocery store.  A side benefit, less chances of buying junk food.
  • Make sandwiches for work lunches, or homemade meal leftovers.
  • STOP eating out at restaurants.  Prepare ALL of your own meals.

 

There are many areas you waste money.  Save all of your receipts.  Keep track of where and how much you spend.  Ask yourself if the items you are about to buy are necessities?  If not, you don't need it.

 

Save money on your phone bill.  Use a pre-paid service as it may cost WAY less than a monthly bill.  Do some research first.

Buy an antenna and cancel cable television service, saving $50-$75 a month.  I recommend buying or borrowing an antenna first to see if you get reception.

 

Weight loss:  eat less.

 

If you are VERY active, you body may need 2500 calories or a bit more per day TOTAL.

Pay close attention to the calorie count of your meals.  Do not exceed the amount that you have determined you need.

As you get older and less active, your body requires less caloric intake.  I only need to eat 1500 calories a day to maintain my weight.  When I consistently eat more, I naturally gain weight.  When I go back to the 1500 calories, I maintain the excess weight.  When I drop to 1000 calories a day, the weight slowly sheds itself.  Sometimes I fast (eat NO calories) for several days and then start a keto diet. 

I am looking to lose 15 pounds myself, and I only have 25 more to go! 

 

I miss making my "Wisconsin Bacon Log" on the grill:

You start with a tube of hamburger...

Doodlecraft: CAMPING WEEK! Homemade Beef Jerky!

 

... mix in a 20% weight of shredded cheese & wrap it in bacon...

Roll up the ground beef into a log. Tuck in the sides to ...

 

and then smoke for an hour or two...

This Bacon Explosion Is So Bad, But Oh, So Good | HuffPost

 

 

Do NOT chase tail. Turn yours around and live FREE!


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Sobieski
Arbiter
Joined: 2 years ago
Posts: 363
22/08/2020 11:40 pm  

its not what you earn.  It is what you save.  Thrift stores are your friend.  If you live in an affluent area,  rich people donate good shit.

But don't forget you have to treat yourself sometimes because you only live once.

 

 


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Sobieski
Arbiter
Joined: 2 years ago
Posts: 363
22/08/2020 11:54 pm  

An example.  Dinner is often a can of clam chowder.   Add two slices of cubed toast and a handful of pre cooked shrimp.  To make it go farther and taster better.

I can get a pound of precooked shrimp medium size for $8.00.  

They freeze well and thats enough for 4 cans of soup.  They are low fat and I enjoy shrimp.

An every day luxury.  

 

 

 


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Xanthine
Founder
Joined: 2 years ago
Posts: 346
23/08/2020 1:18 am  

I love the financial aspect of being MGTOW. I go to work knowing that 100% of what I earn will be mine to do with as I please. I can live very comfortably within my means, and just keep making consistent progress every month without even trying. I don't have any kids, I don't have a wife expecting me to buy her new clothes, cars, exotic vacations and houses. I also never have to worry about getting divorced raped or having kids. 

Basically I'm going to take all the money I would have lost on that shit, and I'll buy an early retirement with it instead. Nothing beats the peace of mind you get from having complete control over your finances and protecting your wealth. 


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Stealth
Founder
Joined: 2 years ago
Posts: 61
26/08/2020 2:20 am  

Financial advice.

I. Get your personal finances together.
A) Live below your means: Make as much money as you can, spend as little as you can.
B) Put together a budget that works for you.
C) Get out of debt (pay it off).

II. Save.  Specifically, lock 6-12 months of your total expenses away in a conservative, liquid location like a money market account or CD, and basically never touch it (it's there if you need to--but then you need to fill it up again).

III. Learn to invest.  I recommend every MGHOW read The Bogleheads' Guide to Investing, written by Vanguard fanatics, which lays out the principles of sound investing, techniques, how rich people do it, and how to integrate investing with your personal finances.  There is a book called The Only Investment Guide You'll Ever Need which I haven't read but is similar material.


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Narrow road
Founder
Joined: 2 years ago
Posts: 265
26/08/2020 6:54 am  

I've said it before brothers, I'll say it again. Buy silver for preserving some of your wealth.

I've been stacking a little bit. For two plus weeks silver has been over 25 dollars an ounce. When I was buying. It was around 18-19 an ounce. I could get two 10 oz bars delivered to my house for about 450 bucks. 

Those days aren't coming back I believe. 20+ dollars an ounce is the norm I believe. Inflation is apart of the Covid scam. 

The other brothers here have given really good advise. So there's no point in me going over those points. 

Buy some silver. Even if it's just 10 ounces at a time. You'll be thanking old Narrow in the future. 

Just throw a couple of prayers up to the big guy on my behalf. When you're the only guy in the neighborhood with an actual trade good. 😃😃😃


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rsutt2020
Man
Joined: 4 months ago
Posts: 28
02/09/2020 6:17 pm  

@captain-canuck

 

   Haha! I'm probably the last guy anyone should go to for financial advice, but from a working man's perspective, here's the best advice I can provide

  • Don't constantly lose jobs. In my case this was, for years & cyclically, from alcohol and for no other reason. There are slews of reasons we know of course as to why people can't hold down jobs/careers. Always think " This can go one of two ways no matter how well I apply myself". Put together a custom worst-case-scenario plan. Always dredge a new road to earning a living that is respectable. Don't create limitations for yourself.......PREPAREDNESS!!!! Live like you're living on 3/4 the local minimum wage for 12 months regardless of how much you earn. Put yourself first & I HAVE SEEN that family and other people you interact with in general seem to automatically take heed to this as your form of leadership. Later down the line you will have availed yourself the option to get back to those who helped you when life was financially dangling from a thread. And most importantly your brain & spirit improves while society fucks itself & you can shake your head & chuckle!!!!

                                            -Sorry for being vague


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