Operation Enough: A Simple Money Book with Big Wisdom to Change Your Life.
Let’s start with what we know.
Anita Dhake has an obsessive compulsion with Judge Judy. She wants to learn to cook like her Mom. She doesn’t want to die alone. She wants to keep chickens so she won’t have to purchase eggs.
How do we know this?
After you get past all the antics and oddities of her life, Operation Enough is based on a simple premise. You don’t need to be a millionaire to be rich. You are rich when you have enough.
“Your enough will be different from my enough, which will be different from that guy over there’s enough. But the less you need, the sooner you will feel rich.” she writes.
Her philosophy can be summed up pretty quickly: “Don’t spend money on crap you personally and specifically don’t need for happiness.”
The details can be summed up in her 200+ page manifesto where she shares her money-saving, debt-busting strategies to help you get rich and live the life of an internet millionaire (or do whatever makes you happy).
This isn’t some Nigerian internet money-laundering scam, I came to realize but simple financial decisions that you make on a daily basis.
It’s a mind boggling simple strategy but allowed her to retire altogether in her 30’s, travel the world like a millionaire, pursue her passion of writing and pet-sitting snakes and crossing stuff of her bucket list.
Can you do this? If you’re reading this book sober, there seems to be a real possibility of achieving financial peace of mind quicker than you think.
9 Steps to Plan Your Own Operation Enough, Retire Early and Watch Judge Judy (or whatever makes you happy)
1. Cover your food, shelter, healthcare and wiggle room (the ability to handle the universe’s annoyances like Judge Judy’s wrath) Wiggle room = Average monthly income minus your average monthly fixed expenses. Look at your spending and what brings you happiness. Get rid of expenses that don’t give you the correct bang for the happiness buck.
2. Don’t buy stuff. Marketing makes you buy stuff that you don’t really want or need. All the things you buy will eventually go to a dumpster, good-will store or be sold at a garage sale. Don’t buy stuff which are depreciating assets. Almost everything you buy is a depreciating asset!
3. Write a needs list and wants list. Write down the things you need and the things you want. Then, examine each purchase and ask yourself if the thing will actually be useful to your life. Will this item make your life better or worse in the long run. What is the opportunity cost of using this money instead of investing it. Trust me, after asking Anita’s questions, you likely won’t buy anything ever again.
4. Buy used. You’ll never get rich when you’re buying stuff that goes down in value after you buy it. There are so many places online (Craigslist, Gumtree) and off-line (garage sales, thrift shops) that have almost everything you want. If you must have it, buy it used. Use the heck out of the stuff you have. Fix it, take good care of it and value it.
5. Sell what you don’t need. Clear your clutter. Look all around you. You have so much stuff that you don’t know what to do with. Stop holding your stuff a prisoner if you’re not happy with it and it’s not happy with you. Stuff wants to be used. If it brings you happiness and joy, keep it. If not, sell it. If not, donate or recycle it.
6. Compound interest. Spend less than you earn and invest the difference. Earn interest off the money you save. Put your money in bond funds and stock funds that pay you interest. Interest is earning money on money you already have. Anita has a deep fascination and borderline unhealthy love for compound interest but I suspect it works cause it’s what’s paying for her lavish retiree lifestyle.
7. Don’t buy property. Real property is expensive. The transaction of buying is expensive. You’re still going to pay taxes, fees, and oh yeah, a mortgage. Maintaining real property is expensive. Selling real property is expensive. If you buy a property, the author threatens to show up to your house with champagne and crash your house-warming party. She’ll likely gift you with her book as well and ask you what you were thinking when you bought the property.
8. Don’t buy these things. I know I already mentioned this in Step 2 above but since the author tried to beat us down with this theory, she keeps coming back to it. In Chapter 5, she demands that you don’t purchase or purchase for her the following items: get-rich-quick schemes, multi-level marketing, timeshares, diamond engagement rings, cigarettes, soda or soft-drinks, lottery tickets, late fees. She doesn’t mention alcohol or cocaine. You can come to your own conclusions about that.
9. Order plenty of copies of Operation Enough: How to Retire Remarkably Early and share it with new friends that you make. If you don’t have friends to give copies of this manifesto to, read page 35 onwards for the section on how to make friends. Then, give a copy of this book to your new friends. This item was a joke and mainly to give you 9 steps instead of 8. She doesn’t actually propose this but she’s probably saving that for her next book, Operation Write A Book and Give It to Your Friends.
Anyway, she’s a weird person with an odd story but that doesn’t mean you have to be weird or odd. If you don’t earn six-figures, don’t love Judge Judy or don’t pet-sit snakes, this book still applies and can help you.
Even if you’re a normal person with a regular job, I’d recommend this book.
You will likely become a happier, more compassionate, more conscientious person who lives intentionally, securely and with peace of mind. And that’s enough for a good life, don’t you think?
Do us all a favor and figure out if this book will better your life or end it sooner.
Then, pick up this book on Amazon today.