2019 is in the books. As always, I like to look back on the year that was, and take stock of our spending. Anyways, for better or worse here is what happened.
[Read more…] about Our 2019 Spending: Exposed!Our 2019 Spending: Exposed!
Annual Planning
Cash or Finance – How Should I Buy Rental Property?
I have an infatuation with real estate. I love researching and working on houses. As part of this interest, rental real estate is something I want to incorporate into our investment strategy. We currently have one rental property, which is the first home I bought and just never sold. But I want more. The “relatively passive” income from real estate is very appealing. The sooner we can get the rental snowball rolling the better the benefits will be.
I’ve been debating whether we should purchase the next one with all cash or by financing. I figured I might as well put my thought process out on the blog for transparency.
[Read more…] about Cash or Finance – How Should I Buy Rental Property?Which Rewards Credit Card is Right for Me?
Credit card rewards are a great way to travel the world at a discount or earn cash back from your normal spending habits. While it’s nice to earn points or miles as you spend, the largest benefit comes from card sign up bonuses. My wife and I both met our bonuses on our Chase Sapphire cards earlier this year and now I am on the hunt for a new card. Read along if you are interested in getting inside my head while I evaluate the options.
[Read more…] about Which Rewards Credit Card is Right for Me?2019 Mid-Year Spending Checkup
We’ve reached the halfway point of 2019 and it’s that time again to check how our spending has been going so far.
[Read more…] about 2019 Mid-Year Spending CheckupGive Your Kids’ Finances an Unbeatable Head Start
I write a lot about how my wife and I are furiously saving for retirement. But, as my wife kindly reminded me, “what about the kids?! “
The pursuit of Financial Independence (FI) focuses on living below your means and reaping the rewards of compounding gains. If it is possible for someone who only started saving in their 30s to reach FI by then, can you imagine what is possible when their savings snowball starts rolling when they are born? So, let’s dive into the numbers and strategies and see what is possible.
[Read more…] about Give Your Kids’ Finances an Unbeatable Head StartSpring Cleaning for Your Finances
It’s the late stages of winter and the tulips are starting to emerge and the days are growing longer. I am starting to feel the pull of yardwork that needs doing and noticing areas that need decluttering. That means it must be about time for some Spring Cleaning!
Past the holidays and before the craziness of summer activities kick in there is a window of relative calm (unless you are a tax accountant!). This is a perfect time to knock out some Spring Cleaning. But did you know that you can do Spring Cleaning for your finances too?
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