Blazing a Trail Towards Financial Independence
When it comes to investing, I’ve been an outspoken advocate of keeping things as simple and as cheap as possible. Namely, to own the entire stock market using a Total Stock Market index fund with a rock bottom expense ratio. But recently I’ve decided to add some complexity into my investing portfolio. Let me tell you why.
[Read more…] about Shaking Up Our Portfolio: Why We are Straying From the Simple Path To Wealth
It’s official: Summer is over. School is in full swing and college football is back! Whoohoo! We paid off our car loan in August, but did we get our savings back in line in September?
[Read more…] about Net Worth Update 22: Back to Business? Edition
To many, the pursuit of Financial Independence (FI) can seem like a lot of hard work and sacrifice. Scrimping and saving, cutting back on dining out, cable, and other retail expenses, buying used or not buying at all sounds like deprivation. If I am being totally honest, there are days when I sometimes question my motivation myself.
Today is not one of those days.
Today is a reminder of why I choose FI.
[Read more…] about Why We FI
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
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