How To Afford Anything - Personal Finance Lessons From Ken Rockwell

If you're a camera buff, especially a Nikon camera buff, you've probably heard of Ken Rockwell. He provides reviews of camera stuff I want.

His style of writing is similar to personal finance type gurus - you take it or leave it, and you either love him or hate him. He has a strong opinion of things, and while they may not make the most sense, he doesn't give a damn about what anyone else thinks. He does tend to give the bottom line with his camera reviews, especially for those who can't stand sharpness tests or MTF charts.

When I was cruising his website the other day, I saw an article on how to afford anything. It reads like a years worth of personal finance blogger's posts stuck together; it is probably just as lengthy. Personally, I love it when I find personal finance articles in places I wouldn't expect to find them.

Here's the article in bullet points:

Don't:

Do:

My favorite line? "It takes the guts to be a cheapskate." Yep, sure does.

So what has all of this gotten him? How about every Nikon camera and lens from the last 10 or so years. Or a couple of (used) Mercedes. And a lot of smugness.

If there's something in his writing, it is passion. He's willing to focus his finances to get exactly what he wants in life. There's definitely a few lessons I can learn from him.

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Mrs. Micah | Jan 23, 2008

Lol, "don't become a photographer."

I think it's particularly cool that he's saving up with a specific purpose in mind. That must help him a lot. Hope he's getting some retirement money in there too.

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Working Dollar | Jan 23, 2008

Great article. I like the don't and do list, it makes you think about what you actually do that you might want to change, and what you don't do that you might want to start. Thanks.

Todd

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neumes | Jan 23, 2008

I've been strictly a Nikon SLR/digital SLR fan since high school so I'm very familiar with Ken Rockwell's site. I haven't been by in awhile so I've never seen his financial advice. Given the pictures of his home and its view in the San Diego area, it may not be big by California standards, but I'm sure it is expensive.

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