Rich Programmer: A Programmer's Guide to Wealth?
A programmer named Steni in Oslo, Norway has been blogging his approach to personal finances since Dec 7, 2004. I've only read a few of the posts so far, but the seem very reasonable. He's not selling anything, just reporting on his success or failure at putting together his personal finances with an aim at becoming independent. Neat sort of research project. In his words:
My vision also includes you. I want you to become financially independent too. I'll tell you everything. What I'm doing that's working, and what isn't working. Maybe I'll let you in on projects -- I don't know yet. Time, though, will tell.
We've all had this same idea. My friends and I call it a "Cash Pump." Create some idea that makes a small, recurring income and then find some way of creating more instances based on the same template. It's an interesting hobby, and can lead to great conversation over a beverage of your choice. I don't know of a way that actually works yet. Maybe Steni does. If not it will make for still more interesting conversation over a beverage.
Update: I guess it shouldn't surprise me, but someone is already using "Cash Pump" as the name of some chain-letter scam. My meaning for the term only included legitimate businesses that doesn't require much ongoing maintenance to operate.
Posted by bill at March 18, 2005 03:19 PM