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Acronyms
Old 07-15-2006, 09:02 AM   #1
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Acronyms

Okay, so sue me, I'm new!

what are LBYM and LBOM? Acronyms used on this site in various places.

I know the answer is going to be painfully obvious once you explain! Embarrassed already.
But not too embarrassed to stay ITD (in the dark).
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Re: Acronyms
Old 07-15-2006, 09:13 AM   #2
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Re: Acronyms

txdakini,

LBYM = Live Below Your Means

Many here achieve FIRE (Financial Independence, Retired Early) by adopting a lifestyle in which our expenses are kept significantly less than our incomes with the difference going into saving and investments.

LBOM - I'm guessing this is a variant standing for Live Below Our Means.


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Re: Acronyms
Old 07-15-2006, 09:20 AM   #3
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Re: Acronyms

Here is our acronym "dictionary" http://early-retirement.org/forums/i...p?topic=5392.0

We will have to make it easier to find.
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Re: Acronyms
Old 07-15-2006, 11:41 AM   #4
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Re: Acronyms

Quote:
Originally Posted by Martha
Hmm, according to the acronym list, if I "PM" someone, then I "Precious Metal" him/her.

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Re: Acronyms
Old 07-15-2006, 01:16 PM   #5
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Re: Acronyms

Quote:
Originally Posted by Martha
We will have to make it easier to find.
Yes, please. It took me ~5 months to find it on my own
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Re: Acronyms
Old 07-15-2006, 01:17 PM   #6
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Re: Acronyms

Needs to have "avocado", "harvest gold" and "zucchini" added to it.
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