Life: At Portland Island, BC

Perhaps it's human nature to find security in confinement. But with the sunset at my back, baby seals surfacing to check out our dinghy, and a bottle of Bordeaux wine waiting for us on the dinette, why am I not a full time boat bum?

In her obscure, but interesting book, Voyaging on a Modest Income, Annie Hill espouses the same philosophy as many wealthy entrepreneurs: the best income comes from assets, not wages. As she set out to become a boat bum 30+ years ago, she reflected on her disinterest in being what she called a "wage slave," i.e., someone working a job they don't like in order to purchase things to distract themselves.

Over the past few years, The Admiral and I have dramatically curtailed our need for stuff so that we can pay off the mortgage early and contribute to our savings so that we have asset-based income. If this blog suddenly stops in about ten years, we did it. Until then, stay tuned for more posts...