Blazing a Trail Towards Financial Independence
Have you ever considered starting a business? Maybe building a real estate portfolio? How about drastically changing careers? Sounds pretty risky right?
While there is no way to eliminate risk, a solid financial base and developing hobbies you are passionate about can make these “risky” endeavors much less risky.
[Read more…] about Make Risky Moves with Little Actual Risk
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
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?
[Read more…] about Spring Cleaning for Your Finances
It’s that time of the year again… My wife and I just wrapped up filing our taxes for the year. Boy, let me tell you that is on the top of my list for fun weekend activities. Oh well, with another winter weather watch squashing other plans, it was as good a time as any to knock it out. As it turns out, we are going to get a refund this year. So what the hell should we do with it?
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