Blazing a Trail Towards Financial Independence
An email circulated through my office the other day. It read: “Christmas Club contributions will be included on the next pay period.” The email then reminded everyone that enrollment into next year’s Christmas Club had just opened up.
It got me to thinking… is the Christmas Club worth it?
[Read more…] about Company Christmas Club: Is It Worth It?
Rental property: It’s a popular path to develop passive cash flow for many in the Financial Independence Retire Early (FIRE) community. When a property is purchased at the right location and for the right price it can certainly be a lucrative investment. But when that rental property is your former primary residence… and was not purchased with long-term rental in mind, the numbers can be a bit more dodgy. This is the predicament we here in the Heartland on FIRE household are in. We just renewed our tenant for 6 months and the clock is ticking on whether to keep renting or to try and sell the house. We can’t be the only folks who have faced this dilemma, so I figured posting our thought process and analysis may be a useful exercise for others.
[Read more…] about Decision Point: What to Do with the Rental Property?
We’ve reached the halfway point of 2018 and I thought it would informative to check in on our monthly spending thus far. [Read more…] about 2018 Spending – Mid Year Checkup
A 401k is a powerful tool for reaching financial independence. But there is a decision to make. Should we invest our 401ks using pre-tax dollars or using a Roth 401k? It’s kinda like betting on horses. [Read more…] about The 401k Race: How We Placed Our Bet
2018 is just around the corner. If you recall, 2017 was dedicated to immolating our last remaining student loan. With that goal quickly approaching the Heartland on Fire household is turning our sites to aggressively increasing our savings and investments for the upcoming year. So, if you want to see the game plan and hold us accountable at the year’s end keep on reading. [Read more…] about Our 2018 Savings and Investment Plan