MGTOW advice #1 - Start saving and investing for your financial future as early as you can!

I didn't get this message until I was relatively mature. Although I had bought assets when I was in my mid-20s ( in the form of a property), and had jobs with pension benefits, I still wasted money on entertainment and crap. So here is my advice on financial security for Going Your Own Way sooner rather than later...

a: the time value of money I wish someone had spelled out to me that for every 1000 pounds (or dollars or whatever) I invested each year in my mid 20s would be worth 5000 when I was 60 (at a standard 5% return - and I am not yet 60!).
Put it another way; for every 5000 you require at age 60 if you only start saving at age 40 you need to save 2500 each year. Hopefully you can usually get a 5% return by buying tracker funds on the stock market - these have minimal charges and always re-invest your dividend payments.

b: leveraging from property assets.
You can possibly double your investment every couple of years if you can invest in property - we all need somewhere to live so at least buy your own bricks and mortar. If you can manage it think about buying investment property too. Almost always property goes up over time.

As an example If you put 20k into a 100k property and it goes up by 20% in two years the property is now worth 120k yes? But you have now doubled your investment in that period.

If you have investment property you can, over time, turn this increase in value into further property purchases - multiplying your original investment many times over !

c: Stay focused on MGTOW and invest in yourself.
Time is precious so whatever your hobbies dont forget to invest in yourself. Having increasing marketable skills allows you to earn a decent living. In turn this allows you to enjoy surplus income you can use to invest.

This includes being financially literate - read investment books and go on investment websites. I can recommend the book "Rich Dad Poor Dad" as a starter book. Warren Buffet advises all his staff to read 500 pages per day on investments.... You don't need to do that much - but a good attempt will begin to separate you from the work slaves.

d: Always spend less than you earn. Avoid extended terms and expensive interest payments on credit cards; and consider carefully whether you need any long term debt other than a mortgage on property.

As an example you may need a reliable car to get to work. You can GTOW and learn to maintain an older one yourself that you bought for cash; or you may choose to buy a new(er) one on finance to spread the cash drain over the life of the car. If you do finance make sure it is manageable... a Porsche might be affordable to you on spread payments (and a fantastic experience); but you might be losing your opportunity to save a few hundred each month for the privilege! Not to mention the servicing costs of such exotic vehicles. I bought a car cash and largely maintain it myself. I did buy a motorcycle for commuting on credit - but at 0% spread over four years - now that was a sensible decision imho.

Hope this was useful - I wish someone had really sat me down and hammered this advice into me when I was younger. I have some other stuff I learned so I plan to write more GTOW advice in the near future.