Blazing a Trail Towards Financial Independence
As I left you last month we were pondering whether our youngest broke her foot while I was typing Update 16. After an urgent care visit, I can thankfully report that she only sprained her foot, and after a few days of hobbling around she’s good as new. Wheew! So besides luckily dodging health issues, were there any financial bumps in the road in April? Keep reading to find out.
[Read more…] about Net Worth Update 17: Oops, we did it again.
My wife and I are about two years into our Financial Independence (FI) journey. We have done quite a bit to right our financial ship. We’ve laid the groundwork for a solid financial future.
But still, I find myself so anxious. I keep thinking, nay obsessing, about finding ways to shorten the time to FI. It seems, I’ve moved from one kind of money problems to another kind. I am going to take you inside my thought process as I weigh my options.
[Read more…] about What’s Next? – Money Problems of the Good Kind
Well March was an interesting month. As it turns out the “Madness” was not limited to the hardwood. While everyone had their bracket busted, we nearly busted our bank account!
[Read more…] about Net Worth Update 16: Double Trouble
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 Start
Just like that, February is done and gone. Contrary to what Puxitawny Phil said, this winter ain’t going nowhah! That varmint is a lying sack of fur! Despite this seemingly unending winter, we have continued to strive for our financial independence. So how did we do?
[Read more…] about Net Worth Update 15: Lying Groundhog Edition
The Financial Independence Retire Early (FIRE) movement is geared towards anyone, no matter where they fall along the income spectrum. The tips, tricks and hacks central to the movement can have remarkable impacts for six figure bread winners and minimum wage earners alike.
However, high earners who demonstrate FIRE principles can have wide-spread influence. It’s important for these individuals to be shining examples… to be Beacons of the FIRE movement.
So let’s explore the potential impacts that can be made by high earners seeking FIRE.
[Read more…] about Beacons of FIRE: How High Earners Can Help Spread FIRE from the Top Down