Savings

Give Your Kids’ Finances an Unbeatable Head Start

March 14, 2019 by Mr. Heartland on FIRE

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.

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Spring Cleaning for Your Finances

February 28, 2019 by Mr. Heartland on FIRE

It’s the late stages of winter and the tulips are starting to emerge and the days are growing longer. I am starting to feel the pull of yardwork that needs doing and noticing areas that need decluttering. That means it must be about time for some Spring Cleaning!

Past the holidays and before the craziness of summer activities kick in there is a window of relative calm (unless you are a tax accountant!). This is a perfect time to knock out some Spring Cleaning. But did you know that you can do Spring Cleaning for your finances too?

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Beacons of FIRE: How High Earners Can Help Spread FIRE from the Top Down

February 14, 2019 by Mr. Heartland on FIRE

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.

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Net Worth Update 14: Polar Vortex Edition

February 7, 2019 by Mr. Heartland on FIRE

January was a month of lows… like REALLY low. Windchills of negative 20 to 30 degrees below zero canceled classes and work for many around these parts. So, with temperatures colder than Arendelle taking hold, did the arctic air freeze our net worth?

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Our 2018 Scorecard and 2019 Personal Finance Goals

January 10, 2019 by Mr. Heartland on FIRE

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…]

Net Worth Update 13: The Descent

January 3, 2019 by Mr. Heartland on FIRE

I hope you all had a wonderful holiday season! This update marks the completion of our first year of monitoring our Net Worth progress. I will be taking a deeper dive into the 2018 numbers in another post, but for now how did we fare in December?

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