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Heartland on FIRE

Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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FI Progress

Net Worth Update 28: March Madness

April 2, 2020 by Mr. Heartland on FIRE

Wow. Where to begin? March felt more like a year in and of itself. If it was a roller coaster, we’d have thrown up and been begging to get off… and that was only after the first couple weeks. Truly, the world will be a different place after this month. Putting aside the global pandemic, open ended quarantines, the unprecedented cessation of the economy, and burgeoning unemployment rate, how did our finances do in March?

[Read more…] about Net Worth Update 28: March Madness

Filed Under: Annual Planning, DIY, FI Progress, Savings, Smart Spending, Uncategorized Tagged With: Investment Performance, Monthly Savings, Net Worth, personal finance

Net Worth Update 27: Throwing it in Reverse

March 5, 2020 by Mr. Heartland on FIRE

February had a wild finish. Lot’s of moving pieces and, of course, the market dropped like a rock. How are we handling the market correction?

[Read more…] about Net Worth Update 27: Throwing it in Reverse

Filed Under: Annual Planning, DIY, FI Progress, Savings, Smart Spending Tagged With: net worth update, personal finance, Savings

Net Worth Update 26: Back At It

February 6, 2020 by Mr. Heartland on FIRE

It’s time for our first Net Worth Update of the year… wait, the Decade! We made substantial progress in the last few years of the 2010s after wondering in the financial wilderness for the first half. I am excited to see how far we can go with a whole decade (and compounding) to work with.

But first things first… how did we do in January?

[Read more…] about Net Worth Update 26: Back At It

Filed Under: Cost Cutting, DIY, FI Progress, Retirement, Savings Tagged With: Investment Performance, Monthly Savings, Net Worth

Our 2019 Spending: Exposed!

January 16, 2020 by Mr. Heartland on FIRE

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!

Filed Under: Annual Planning, Cost Cutting, FI Progress, Smart Spending Tagged With: burn rate, financial indpendence, personal finance

Net Worth Update 24: Two Years Down

December 5, 2019 by Mr. Heartland on FIRE

The turkey is picked clean and all the leftovers are finally gone. I’ve loosened up my belt a notch or to. It must mean November has come to a close. Did we stuff our savings as much as we stuffed our faces?

[Read more…] about Net Worth Update 24: Two Years Down

Filed Under: FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, Monthly Savings, Net Worth

Cash or Finance – How Should I Buy Rental Property?

November 21, 2019 by Mr. Heartland on FIRE

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?

Filed Under: Annual Planning, DIY, FI Progress, Retirement, Smart Spending, Uncategorized Tagged With: Buying with Cash or Finance, Real Estate Analysis, Real Estate Investment

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