Stop Having Kids Billboard in El Paso, Texas

It is really positive seeing videos of the Stop Having Kids billboard in El Paso, Texas. Hopefully those who drive by will be reminded of antinatalism and the benefits of not having kids. This was something that I contributed to and I hope to contribute financially to more initiatives like this.

Financial Independence via a Childfree Lifestyle

Something I find unusual is that many people are horrified by the idea of achieving financial independence by not having kids, even though not having a child will save you hundreds of thousands or even millions of dollars over your life.

Instead, when most people give financial advice, they focus on little expenses such as skipping Starbucks, Netflix, or avocado toast. Anyone who drinks lattes, plays video games, etc are usually accused of wasting money on these activities. However, if someone doesn't have kids, they are spending significantly more money, yet such activities are not deemed wasteful.

Work | Buy | Consume | Reproduce | Die

Bad Days at Work that Remind Me Why I Must Retire Early

Work was terrible today. Over the weekend I was meant to work on a report because I had been putting it off for so long. However, I didn't manage to do any work on the weekend, so I dedicated today to finishing this report, and I found myself working on it the whole day. Even at the end of today, I still haven't finished this report. I will have to continue it tomorrow.

During the day, I had to juggle other work as well. I also had angry or passive aggressive people calling me to chase for things that I needed to get from others, so juggling all these things just made me feel weary and tired. Because it was Monday, I was feeling tired from recovering from sleeping in during the weekend, and to top it off, today was an extremely hot and humid day, even at night time. I had two fans on at the same time on my desk. There is an air conditioner outside my room,  but if I open the door then there is too much noise from outside.

It's days like these when I seriously think about early retirement. Every now and then a day like this pops around. Days like these have been popping up ever since the beginning of my career, and it's one of the reasons why I am so obsessed about early retirement. I need to give myself the option to retire early because I don't want to be a wage slave for life. That is not an option.

I also hate my job. I know some people love their job, and it is great for them if they do. However, I hate my job. My job is tolerable, but it's not something I enjoy. 

Anyway, today I realised that perhaps I will need to pare down my ambitions. Perhaps I need to accept retiring with less so that I can retire sooner. Alternatively, I can work for longer and retire more comfortably later. But perhaps I don't have it in me to work too long. I feel drained now. I feel stressed. Work is just too much for me. I hate it, and I am not going to pretend I love my job.

Some people say that I should move to a different job and do something else, such as something more related to my university degree, or doing more quantitative or technical work, or perhaps work in a non-profit. But the problem with these ideas is that I will need to somehow get into these jobs. I don't have any experience in these areas and I would need to go to interview after interview, and even if I am successful and get the new job, who is to say I won't hate it there because I am overwhelmed by work, or perhaps the manager turns out to be a bully? The more I look at it, the more I realise that the solution is not to find good work but to have a plan to end up not working at all. There is something about having money dangled in front of you that destroys your soul. 

Lying Flatism vs FIRE vs Strikes - Which is More Effective?

There has long been conflict among business and workers. Throughout history there have been conflicts among the business class and the working class. 

One way that workers fight for their rights involves "labour strikes" or "strike action." Wikipedia defines "strike action" as follows: "Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage, caused by the mass refusal of employees to work. A strike usually takes place in response to employee grievances. Strikes became common during the Industrial Revolution, when mass labor became important in factories and mines. In most countries, strike actions were quickly made illegal, as factory owners had far more power than workers. Most Western countries partially legalized striking in the late 19th or early 20th centuries."

Strikes have a major problem, which is somewhat addressed in the Wikipedia definition above, which is that many countries simply make striking illegal as businesses have a considerable amount of power. This is a problem in e.g. China.

Where striking is problematic, there are other options, one of which is the FIRE movement which emphasises hard work and frugal living initially with the aim of retiring early. Another is the "lying flat" movement, which doesn't focus on early retirement but focuses on doing the bare minimum. Both these movements seem to result in its adherents working less and consuming less, which deprives businesses of labour.

In China, the lying flat movement has been censored by the CCP who are desperately trying to suppress the movement. The elites do not seem to be as alarmed about the FIRE movement but there are many who think that it has the potential to harm the interests of the elites e.g. there was a recent post on Reddit about how FIRE can result in the end of Western civilization because people won't have enough children to become the workers of tomorrow.

One of the challenges of unionisation or protesting is knowing whether your fellow workers will support you in your endeavours. You may unionise or protest or go on strike, but you may be the only one who goes on strike while your fellow workers rush to suck up to the boss. Unionisation, striking, or protesting relies on self-sacrifice.

On the other hand, lying flat or FIRE focuses not on self-sacrifice but on personal benefits e.g. escaping the rat race. By lying flat, you live a stress free life while your colleagues slave themselves away. By retiring early via FIRE, you can retire in your 30s or 40s and relax by the beach while your colleagues slave away in the office or factory. When others see that lying flat or FIRE works, they may follow you, and once more and more people lie flat or FIRE, there will be labour shortages and businesses will then need to increase wages or offer better terms.

Tesla Should Introduce Battery Replacement Insurance to Counter FUD

One of the biggest fears many have about getting a Tesla or any EV is battery replacement. This has become mainstream knowledge now that a Tesla owner in Finland has blown up his Model S after being charged $22k for a replacement battery. Many people make the argument that EV batteries will die after 10 years because of battery failure whereas an ICE car, if maintained well, can last almost forever.

However, an argument can be made that the lower running costs of EVs will over time make up for the battery replacement costs. Nevertheless, people have a tendency to fear large and sudden bills. No one likes to open a letter only to receive a $20k+ bill.

What Tesla can do to address this is offer battery failure insurance. EV owners can pay a regular premium and, like all insurance, Tesla pools this money into a fund that invests in diversified stocks and bonds, and then as EV owners need to replacement their batteries, they bring it to Tesla who replaces the battery, and then Tesla takes money from the insurance fund to subsidise the costs of this battery replacement. A reasonable excess can be charged to ensure the EV owners try to get the most out of their battery before replacing it.

The main benefit of this battery replacement insurance is spreading the cost out and providing a clear counterargument against the FUD that battery failure will result in a $20k+ bill sent to you.