Yields and Flows

Description

How can expenses get even lower when efficiency is already maximized? By playing a different game altogether. This might mean breaking the rules and not automatically accepting what everyone else perceives to be necessary. One concrete example of this is vandwelling as a solution for shelter, which requires a certain type of mastery over self. At a minimum it means being willing and able to use alternative forms of capital to meet needs and wants. Non-financial forms of capital become just as relevant as money is to the previous levels, and one becomes proficient in managing the flows. This mindset is beyond budgets, as they capture only one dimension of spending.

Reading material

• Vicki Robin and Joe Dominguez, Your Money or Your Life

Forum threads:

• Yields and Flows - Level 5 towards 6
• WL 5 -> 6 MMG