11 questions from Tribe of mentors

I'm about to start reading on Tim Ferriss's Tribe of Mentors. If Tools of titans is a great encyclopedia of self help knowledge, I think tribe of mentors wouldn't do much worse. Tim went ahead to ask several people the same 11 questions, which are listed down below. Since I haven't start reading, I thought I will try to answer them first so that I get more out of reading what others have to say. So, here's my answers to the 11 questions: 1,...

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Did you give away your equity freely?

I wanted to share this idea regarding child caring. The default way these days is for both parents to work while hiring a foreign domestic worker (or two) to take care of the kids. That is the most economic and financially savvy way. Hiring a domestic worker is much cheaper than going to infant care or child care, and have more utility. That is also the reason (I suspect) why my mum-in-law insists on wanting us to hire one. I vehemently refuse. I...

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FIRE

Wanted to share my thoughts on what is meant by FIRE. I've a disclaimer here - I've not read a single piece of literature on this subject matter and I'm simply deconstructing the word based on what I've read about the components and piecing it up together. So, if I'm wrong, don't get so hot and start flaming me and set me on fire for anyhow firing an article on fire. FIRE does not mean financially indebted, retired early. It stands for financially...

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