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 049 - How to lose half of your wealth in 10 years

In this episode we talk about inflation and how those that are not keeping an eye on the looming threat could become a victim to it. Inflation is a cancer that erodes wealth in its path and the government numbers that are used to calculate base interest rates are just plain wrong. We will look at alternative inflation calculations that are more consistent with your normal experiences of shopping for groceries, fuel, health insurance, etc. and why you need to factor in these numbers in your projection calculations.

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?

Episode 048 - Get out of Dodge 6, Jonathan Lockwood

This is the final episode in this mini-series "Get out of Dodge". In this episode, I sit down with my friend Jonathan Lockwood and we talk about his journey out of the USA and into San Miguel de Allende, Mexico. Jonathan's journey involves leaving his religion and the turmoil that came with that, effectively driving him out of his home country in search of finding his truth.

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?

Episode 047 - Get out of Dodge 5, Andrew Henderson

The legendary Nomad Capitalist, Andrew Henderson, joins Myles on this episode to talk about going where you are treated best. Andrew tells his story, and why he decided to expatriate from the USA, along with renouncing his US Citizenship, what that was like, how it worked out and if he has any regrets. We discuss how you can move either your physical self overseas, or your financial wealth, or both. The choice is yours but having an expert to discuss strategies is an incredible opportunity, so sit down, lean in and start to learn with Andrew Henderson.

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.

Episode 046 - Get out of Dodge 4, James Guzman

We continue our journey down the path of expatriation, finding opportunities outside of your native land and looking at those who have done it. In this episode, Myles talks with his friend James Guzman from San Miguel de Allende, Mexico on his journey, why he chose to leave the USA in search of his future outside and what he discovered almost 10 years later.

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.

Episode 045 - Get out of Dodge 3 - Travis Luther

Author Travis Luther has just released a new book "The Fun side of the Wall" and it is all about those that wish to retire in Mexico. In this episode, I do a deep dive with Travis as we talk about the reasons that people do this, what they go in search for, what they find and whether they stay. Enjoy!

Episode 044 - Get out of Dodge 2 - Mikkel Thorup

This is my first ''fireside chat'' with Mikkel Thorup on the subject of internationalization, expatriation, living a free life and escaping the clutches of western society. Mikkel is the best selling author of ''Expat Secrets'' available on Amazon and the host of the popular ''Expat Money Show'' podcast

Episode 043 - Get out of Dodge, Part 1 - Introduction

I am introducing a series of five (5) interviews on how to prepare your life and your finances for internationalization. Being able to have a ''bug out'' strategy should the USA go through a possible financial collapse, social uprising, civil war or other potential catastrophic situation is critical in 2020.

I’m from the Government, and I’m here to help.

Governments are, by their nature, dysfunctional. They suffer the same challenges any large organization has, except they don’t have any profit motivation to have workers go the extra mile to get things done. Case in point - the recent SBA EIDL Loans offered to US small businesses. Spoiler Alert - It’s a trap.

Episode 042 - Debt is not a currency

The one rule that I think everyone agrees to - whether you are Suzie Orman or a FIRE advocate, is that you CANNOT retire with any debt. When we use the term “debt” we are referring to personal debt - I’m not talking about holding debt for income producing assets like real estate. But with this generally accepted rule, why is it that everyone is being hypnotized to think of debt as a currency?

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.

Episode 041 - Why we work

I've questioned this for all of my working life. What drives us to work? What is the real reason why we do what we do? And in this episode not only do I explore why, but I also explain the dangers of not working, how retirees run the risk of psychological issues, depression regardless of when they retire and what must be understood in order to successfully transition from wage slave to financially independent and survive mentally.

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.

Living in the shadow of COVID-19

There are times to worry about money. There are times to worry about survival. This time the focus needs to be on the latter. Let's talk realistically about COVID-19 and how you should address this challenge.

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?

Would you like to consult one on one with Myles for free?

I’m looking for a few good people/families out there that would be interested in a FREE consulting session on their finances to be broadcast on the Unconstrained Podcast. We'll keep your privacy guarded but if you have been following our teachings and want some one on one advice on implementing them, this is your opportunity.

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.

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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