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.

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?

Episode 039 - I lost my job… Should I retire now?

Since many companies have decided to either close entirely or cut back as a result of the pandemic, those that have been on the path to FIRE are looking at whether they should exit work now, often earlier than planned, since the economic outlook is bleak. I'm going to give you my take on this and my suggestions. We'll do a deep dive on the economy and what the real decisions have to be in this episode.

Episode 038 - The Frugal Millionaire, Part 5 - Healthcare

This is the final episode in the mini-series "The Frugal Millionaire". In this episode we dive into the costs of healthcare, and how you can reduce them and get the best outcomes. I mean who wouldn't want to live longer with higher quality for less cost, right?

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?

Episode 037 - The Frugal Millionaire, Part 4 - Technology

In this episode Myles covers how to save a ton of money with technology, but more importantly how to avoid being shackled by it. We discuss costs, obsolescence and most important, your privacy & freedom.

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.

Episode 036 - The Frugal Millionaire, Part 3 - Cars

Cars are the most expensive technological purchase that most of us will make. Yet saving money with them seems to be something we fail at more than succeed. In this episode we will revisit general best practices at frugal car ownership and you might be surprised at the recommendations.

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.

Episode 035 - The Frugal Millionaire, Part 2 - The Home

We continue on with the theme of frugality. In this episode, I dig into home costs and how I have reduced them way down. These techniques may seem atypical for many, but the results are outstanding.

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?

Episode 034 - The Frugal Millionaire Part 1 - Philosophy

This is the first in a small series on frugality and cutting your expenses. I thought it was timely since people are living in a world where they are losing their jobs, reduced income, small business closures, etc. and the natural path is to find ways to get by with less. But this is the way of the millionaire and I'll explain philosophy in this episode.

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.

Episode 033 - Strategy & The End Game

In this episode I revisit why the quest to be unconstrained matters more during times of instability and crisis, and how mental clarity is the only hope of keeping you on the right path towards your freedom. Although we are in very interesting times, this is when those that can see what is going on with clarity are able to find the opportunities before others.

Episode 032 - Landlording in a crisis

One major part of my Smart Income stream is rental real estate. Although it is not all of our income, it represents at least 50% of it, so when all of my tenants were forced to Shelter in Place and a large percentage lost their jobs, it brought back memories of 2008. Let me explain the strategies that we are doing so that it might help you determine yours.

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.

All things that go up….

No one likes bad news. No one likes negative stories, particularly when they don’t serve their own personal story or narrative. This is the case in politics, in social communication and in the financial independence blogging space. But sometimes you gotta put on your big boy pants and face up that all things that go up, must also come down at some point. And if you really have a strategy that works, it has to work in BOTH the bull & bear markets.

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?

Our globally connected supply chain of deadly diseases

It is all in the news - The Coronavirus. But I’ve seen this all before. I’m not saying we shouldn’t be concerned, but I think the impact of it on economics could be far more of an emergency and it shines a light on just how badly prepared we are in terms of dealing with any adverse event economically.

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.

The sadness of hypnotized hope

We just returned from a family weekend to Las Vegas and although the shows are incredible and we all enjoyed them, walking down the Strip and being shunted in and out of casinos forces you to see the dichotomy that is Las Vegas and the life of the constrained.

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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