Heartland on FIRE

Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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Retirement

Our 2018 Scorecard and 2019 Personal Finance Goals

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It’s a new year and that means new resolutions, right? Last January I set some personal finance goals for our household. I wanted to take a moment and look back at the past year. Did we meet our goals for the year? Did we bomb in epic fashion? My grading system is simple PASS or FAIL. Read on for the results! [Read more…] about Our 2018 Scorecard and 2019 Personal Finance Goals

Living Below your Means: What Does it REALLY Mean?

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We recently had a conversation with another couple. During the discussion they mentioned that they only contributed enough to their 401k accounts to get their employer match. They maintain that they do not earn enough to max out their 401k contributions. Now that sounds like a fairly typical argument; however, from past conversations we learned this couple has an annual income over $250,000 per year! How crazy is that!

Maxing out 401k contributions would amount to less than 15% of this couple’s income. This conversation really underscored the point: Most of Us Do Not Live Below Our Means

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Escape the 9-5 Faster with the Boost-Glide Path to Financial Independence

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Can you take cues from a rocket launch to enjoy the benefits of F.I.R.E. on an accelerated timeline? [Read more…] about Escape the 9-5 Faster with the Boost-Glide Path to Financial Independence

How Much Are You Really Paid? 10 Items You Must Consider

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The vast majority of us go to work each day and trade our time for money.  As we are weighing job offers we tend to get a laser focus on the listed salary or hourly wage.  But you need to look past that shiny salary number to figure out the true wage being offered.  After all, every hour you are doing job-related things is one less hour you have to live your life.  Here are 10 things you need to account for to determine the actual wage you are being offered.

[Read more…] about How Much Are You Really Paid? 10 Items You Must Consider