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Flirtcheap's avatar

A long time ago, a French philosopher (Blaise Pascal) was weighing the pros and cons of religion and he realized that the devoutly religious were making a bet with unseen odds.

If you were not religious, you would definitely end up in hell. If you were religious you could still end up in hell despite living a devout life simply because you prayed to the wrong God. Some, like modern Bostonian philosopher Patrice O'Neal, claimed better to not risk it at all and at leaat go to hell for something cool like hookers, and cocaine.

The FIRE crowd are praying to the wrong God. Living an ascetic life in the hopes of achieving freedom. But they may end up in the same hell as their coworkers who insisted on always pushing a car note to the edge of what they could afford and living on credit.

The right God is the God of scalable income. Its the only altar worth making sacrifices on, but it requires a touch of bravery as it presents obvious short term risk. While the God of frugality presents a risk that isn't really obvious until you're much further down the line.

Better to be in hell having had a nice car, than being in hell after squandering your youth trying to penny pinch for no goal other than an early retirement. We retire through income generation, not from saving.

Amen.

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BowTiedLaunch's avatar

People underestimate how pervasive and harmful scarcity mentality is to your success but also your overall well-being. Maybe I just intuitively get this from years of being on both sides of winning and losing but: playing to not lose, scarcity just eats at your soul.

The FIRE crowd just seems like it's making scarcity the be all. That's really the link between why they can't see the possibility of success in entrepreneurship and instead go low cost. Total asymmetry and it's obvious.

Thank You Based BowTied Bull. Show them the light.

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