Financial Sustainability and become debt free and unconstrained

Are you looking for financial independence advice? Are you frustrated with advisors that don't understand that investing alone isn't the answer? Are you trying to break free from the shackles of life's treadmill, or seek out a path towards early retirement? Read our articles, listen to our podcast to help you regain your financial independence

We teach and embrace the art of financial sustainability, an alternative to Financial Independence/Retire Early (FIRE), a method that generates income autonomously throughout your life so that you can live to the fullest without relying on third parties. Learn to change your mindset on how you think about life and money through financial sustainability.

True wealth is what you own, not what you owe. By learning how to reduce your life "Burn Rate" and keep what you earn, you can be wealthy, live a rich life and regain control of your time. Read our Philosophy and Articles and learn how to become truly unconstrained.

We are a community of contrarians that embrace the art of "Financial Sustainability". FS is an alternative to Financial Independence Retire Early (FIRE) and focuses on a whole life approach to becoming and maintaining your financial and personal independence in a debt enslaved western world. If you are sick of always working, never getting ahead and knowing that there has to be a better way for you and your family, this is where you will get the answers and motiviation to change it all. Read our Philosophy and our Articles to get started.

Episode 078 - No more “middle class” for you

Words matter. I hear that a lot. But few people realize that removing words from our conversations matter as well. And one term that I think has run its course is ‘middle class’. In this episode I want to explore what the middle class is, its hey day, its demise and why it is an impediment to anyone looking to live an unconstrained lifestyle. But also what you should be focusing on to thrive in the future.

Myles Wakeham interviewed on Jaded 80s Baby Podcast

In late 2020, I had the pleasure of sitting down with Derek Phifer, located in Spain, and having a talk about life, the universe & everything. Derek's story about moving from the USA to Spain to find opportunities is great, and the perfect compliment to my own tales of traversing the globe in search of opportunities.

Episode 077 - Free at 27 - An interview with Rachel Richards

This is an inspirational episode. I recently had the opportunity to sit down and interview Rachel Richards. At the age of 27, she became financially free after leaving a short lived career in the financial services industry. Her methodology focuses on cashflow generation and smart income, rather than saving millions and investing. She would have told her clients in the financial advisory industry she was in this, but she was not allowed to. So she left, did it herself and now is a best selling author on her story. If you ever thought you were too young or too old to find financial freedom, Rachel's story will prove you wrong.

This 30 minute interview will explain it all

If you are looking for a quick overview to beUnconstrained and why we do what we do, this is a great one. This interview was done on February 16th 2021, with Myles Wakeham on the Work-Life YouTube channel and is a must see. Myles questions why people work in the first place, how most of society is following a path that will end badly and what you can do about it.

Episode 076 - Should I buy Bitcoin?

This week no less than 5 people have called me and asked this question... ''Myles, should I buy Bitcoin?''. Well as someone who bought BTC back in 2011 and held it, it has been very good to me. In this episode I'm going to unravel (for the newbies), what Bitcoin and crypto-currency is, why it is important, but also whether I would buy it today.

Episode 075 - Nomadland - The testimonial to Financial Sustainability

In 2020, I started to hear rumors of an upcoming movie about those that choose to live in Vans & RVs in America. I thought it was some documentary. Well I recently had the opportunity to watch Nomadland - the very same movie, after finding out that it had won or been nominated for so many awards, and in this episode I’m going to give you both my review, but also how important seeing this movie is, if you want to do all you can to protect your future and your freedom.

Episode 074 - So you are thinking of starting a business….

In 2020, we saw an unprecedented number of small businesses closing down due to COVID19. As a contrarian, I have to admit that this is an opportunity for those willing to fill that void. And as more of us have had to work from home, shelter in place, etc., more of us have had more time to think freely and with that we probably came up with some brilliant idea that will change the world. So if you are brave enough to want to go once more unto the breach and start a business, I’m going to give you my advice having done that a few times in my life.

Episode 073 - Rethinking the concept of FIRE

Don't get me wrong - I'm ok with the concept of Financial Independence. But it is a means to an end, and if you think the end is ''retirement'', I think you are doing it all wrong. So in this episode I want to deep dive the concept of why we work, what makes us happy and why separating financial security from life goals has to be the methodology that we start with, rather than the one we end with.

Episode 072 - Legal info for Internationalization with Atty Stewart Patton

Today on the show I’m joined by Stewart Patton, attorney at law and the guy behind ustax.bz. Stewart is an expert in the world of internationalization, specifically taxation & compliance for US persons. He gave us an hour of his time to do a deep dive on the advantages and obligations that comes with having an international life, from work, residencies, and how (if you do it right), you can minimize your taxes and have all the nomadic experiences all over the world.

Episode 071 - Choosing the right path for your freedom

This episode is a great summation as to why you probably lack hope for the future. But rather than dwelling on the negative, I’m going to lay out the Why and What you can do to change it. This is an important episode to reset our thinking about our freedom & money in the western world.

2020 - The Unconstrained Debrief

I prefer not to do these "Year in Review" episodes, but 2020 was a unique chance to test the philosophy of Financial Sustainability against a pandemic. I mean it has been 100 years since the last pandemic, so by putting this together I hope it codifies why Financial Sustainability is probably the most valuable thing that anyone could use to get through a SHTF year such as 2020.

We are constrained to live in the US medical “Nanny State”

While politicians have had a field day talking up a good game on the campaign trail, now that things should be back to business again, how about we start to empower people to take control of their bodies and their health again? In this article I deep dive why the elephant in the room of high medical costs in the USA isn’t healthy for anyone.

Financially Rich vs. Financially Sustainable - What’s right for you?

I wanted to single out two schools of thought when it comes to money. Those that pursue being rich, and those that pursue being financially sustainable. Both share the same goal of being financially free, but often the road to get there is very different. In this article I want to discuss these two strategies, and let you decide what path is best for you.

Finding stable opportunities in a world of chaos

I’m sure, by now, you are over 2020. Between COVID, Climate Change and now the weirdest presidential election I’ve ever seen in my live, I think most of us just want to brush aside 2020 and move on to better days. We cry out for stability and that we can start to see things clearly, but so many obstacles stand in our way. In this article I’m going to give you some basic ideas on how to find stability for your investments in this highly chaotic world we find ourselves in, so that you can see things a bit clearer than everyone else.

How COVID19 exposed the weakness in our personal finance strategies

I recently responded to a posting that someone made who had an unexpected work related injury, found themselves without work and relying on workers compensation insurance payments to survive. I realized that this unexpected disruption to income is not dissimilar to those who have lost income or a job due to COVID19. I want to do a quick debrief with you in this article, and look for what we did right and what we could all do better in case of an adverse event.

Global outsourcing is the death of your high paying US salary in 2020

The Internet giveth and the Internet taketh away. If you have been enjoying big salaries at your middle class or tech job, might be time to consider cashing in your chips. The remote worker revolution might not be your friend after all. Consider this a warning.

This week in freedom - August 28th 2020

In this week's episode of This week in freedom, Myles covers the waning US dollar, the surprising number of people that own crypto-currency, world resources and consumption, the state of the US medical system, Uphold, the Lightning network, California exodus and how he made $2,800 in 1 hour. Check it out! * Available only to Patreon supporters *

Yes, you should be worried about civil unrest in the USA

The growing levels of riots, looting, violence on the streets, etc. have never been more intense today than at any time over the past 30 years that I’ve lived in the USA.  My first experiences of it started in about 1992 during the Los Angeles Riots in which an onlooker video taped the beating of Rodney King, causing the city to turn to violence.  But that was nothing compared to the constant barrage of violence since then all over the USA.  I want to talk about what I think is really driving this, and why this isn’t going to stop any time soon.

The real answer to why you are not getting the results you want

To quote a prominent psychologist, Dr. Bruce Lipton: "Yes, we’ve been programmed. The vast majority of programs are negative and dis-empowering. So yes, the vast majority of people on this planet are having that negative experience as well. So the next most important thing now is to recognize, “Well, if I’m not getting what I want is because the universe is not giving it to me?” and the answer is almost inevitably “No”, it’s because of your own program that’s invisible, operating 95% of the day, is keeping it away from you!"

A place for us - somewhere, a place for us

Yes, it’s a blatant quote of Barbara Streisand, but the reality is that in a world where the rich get richer, the big get bigger and the small are trampled, how does someone who is trying to just get by, not create any ripples and be financially sustainable survive?

The rise & rise of Bitcoin

There are two types of people who try to make money - investors & speculators. Investors are looking at fundamentals, long term positioning, etc. Speculators are looking to make quick bucks on fast trading. How does Bitcoin fit into this?

Welcome to ‘The Jetsons’ economy

Looking at the equity markets, it seems that we have reached the new age of the Nasdaq dominating the markets. Whereas regular, traditional stocks are seeing a decline in value as they are reacting more normally to the recessionary economy, the tech stocks are offsetting that with stellar earnings. What will the markets look like in 5 years time?

FIRE principles don’t work in 2020 - Let’s change them to what does

There are a bunch of reasons why FIRE isn’t going to work in 2020, whether you are looking to start the journey, or if you are on or through it. This article gives you the details of why it won't work, and what you can do to pivot and make regaining control of your future something that is within your grasp today.

Why you are broke (and what you can do to fix it)

If you are one of the 78% of people living pay check to pay check, you’ve been lied to. By your parents, your government, your friends, your teachers and your banks. I’m going to give you some tough love and some hope if you want to change things, because it CAN be changed.

The fear of breaking free of employment

The guy trying to swindle you on the side of the road in Las Vegas with his ball & cup trick is your government. While they are trying to tell you that up is down, right is left, etc. you should realize that the statistics that we have been hypnotized to focus on - particularly employment numbers, are relevant only to a bygone age and do nothing to help you live a rich & meaningful life today. This is the time you should break free of employment and become unconstrained.

Ever get the feeling you’ve been cheated?

I’m not above admitting I was wrong. If I had put money in the stock market when it was at 18,000 on the DJIA, I would be a richer man as I watch it go to 27,000 now. And that was within about 3 months. Not a bad ROI there at all. Kudos to anyone that did that. But it just feels wrong. To quote the wisdom of one Johnny Rotten of the band The Sex Pistols, “Ever get the feeling you’ve been cheated?"

The Bleeding Obvious and why you are not allowing yourself to be rich

I was watching TV this morning and on Bloomberg they were showing the price of a barrel of Brent Oil at $32. About 3 months prior I had a chat with a friend of mine when oil was basically $10 a barrel, saying that this can’t last and the world has to keep the lights on, so oil will go back up. We tripled our money on the bleeding obvious. But why is it that others didn’t see this, yet lost their jobs, lost money in the stock market, etc?

Why the US Government Stimulus checks are the most stupid idea ever

I just received the $1,200 stimulus check from the US government. This is the most stupid pandering effort I’ve ever seen. But guess what... That check paid for exactly what my monthly health insurance premium was, so basically... poof! It’s gone. Meanwhile most of the western world offer health care for free, so how is this actually helping?

Escaping the banking cartel - An interview with Andreas M. Antonopoulos

In this video interview, Myles Wakeham sits down with the legendary Andreas M. Antonopoulos, the guy who literally wrote the book on Bitcoin, to talk about how the banksters have taken our freedom from us an what we can all do about it.

Why I hate the stock market

I get a lot of flack for not showing undying love for the US stock market. The truth is that I see it more of a casino than a true market. In this article I’m going break down my reasons for my disdain at equities and why they don’t represent at all the health of the economy.

The economy after COVID19

All this shall pass. Eventually this virus will become either part of our subconcious lives or a cure or vaccine will be unleashed onto the world. The 12 months or so of time will pass quickly before we are out of the woods, but what will day to day life really look like in Q3,Q4 of 2020 and beyond?

Myles is a guest on Rethinking the Dollar

Myles is a guest on today's Q&A show of "Rethinking the Dollar" and covers how to survive and thrive in the current and coming depression by using financial sustainability & SMART Income.

US Small businesses false sense of security

The economic and COVID19 pandemic that has hit the USA has affected small businesses greater than most, as they have fewer means to combat shutdowns. Layoffs and furloughs have turned over 16 million to unemployment. Meanwhile the SMB owners thought they were going to get some govt assistance. Think again.

Those with the most to lose

Business as we know it is disrupted, but not in a good way.  The human natural need for socialization is being threatened as we are told to shelter in place, and the biggest immediate impact is our ability to transact.  Electronic forms of transactions are strong and remain, but human to human interaction is minimized.  Who is most at risk here, and how do you reduce the risk factor?

The positive side of bushfires (and other calamities)

When things look pretty bad, everything is burning up around you and you are looking at the smoldering ashes of something that once was valued and pristine, chin up. It isn’t that bad. And maybe it is needed - in a good way...

Re-focus on sustainability

The last few weeks have been living hell if you are vested in the DJIA. For those of us who chose to distance ourselves from stocks & counter party risk, we’re doing fine. But those that didn’t, came face to face with the fact that on a planet with finite resources, betting on infinite growth doesn’t end well.

The real cost of your wage-slave lifestyle

If you are awake for 16 hours a day, and at least 8 of those hours, 5 days a week, are devoted to serving your boss, then you have given up a minimum of 35% of your life to your employer. More than likely it is closer to 50%. How can you look yourself in the mirror with pride doing that? Or be present for your kids or your spouse? Who's really more important here?

Retirement = Death

According to a 2016 study by the Center for Retirement Research at Boston College on the Mortality Effects of Retirement, it is clear that “There may be an increase in mortality risks when people stop work.” This mirrors my own experience with Retirement and underscores the importance of removing the word Retirement from our vocabulary.

My own personal disaster with retirement

When I was 32, I retired. It didn’t end well. This is my retirement story. Take from it what you can. Life isn't experienced in some cubicle somewhere, but the majority of people I talk to who are embracing FIRE (Financial Independence Retire Early) don't really understand what life looks like on the other side of the retirement line and why they might want to rethink their goals.

Mexico Medical Tourism - The raw truth of having major surgery in Guadalajara (Part 2 of 2)

I have had my surgery in Mexico. For anyone that wants an honest accounting of the process and costs, I have laid it all out in detail here. I cover the emotional doubts, fear of surgery in a foreign land, financial truth and the outcome. You be the judge of whether this is right for you. For me, it was. Spoiler Alert: It cost me less than 1/10th of the US Price.

Mexico Medical Tourism - Putting yourself first for a change (Part 1 of 2)

It can be a frightening thing - choosing to go to a foreign country to get major surgery. The vast majority of us find that a bridge too far to cross. I took the leap of faith, and I have begun the journey. This article (and hopefully the one that will follow it after my surgery is completed) will give a totally fact based account of the experience so you can see if something like this makes sense for you.

Forget education - LEARN TO SURF!

Given the choice of going to school or surfing, if you live near the ocean it is a pretty easy one to make. But has anyone ever told you that surfing is really the best education you can have?

Medical tourism in Mexico | How to save up to 75% on your dental costs

We should all take the best care of our teeth. But in the USA, costs are outrageous. Insurance doesn't cover most dental procedures and patients are often presented with $10K+ bills for basic dental work. If they realized there was a better option right on their doorstep, this could all be avoided. Welcome to medical tourism, and the border town of Los Algodones, Mexico.

The path to a 100% financially sustainable life

In previous articles, I have stated that the concept of FI (Financial Independence) is flawed. Although the pursuit of it is admirable, the fact is that few FI followers have been able to do this through bear markets. Consequently putting yourself on that path has some dangers. I prefer to concept of "financial sustainability" and this article gives you tangible steps to take to achieve that.

Can FI followers survive a bear market?

There is a lot of interest in the FIRE (Financial Independence Retire Early) movement, but I am skeptical of whether those that achieve FI during a bull market have what it takes to make it through a bear market...

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