Blazing a Trail Towards Financial Independence
And just like that, another decade bites the dust. I started the decade as a recent college grad with nearly a net worth hovering near -$50,000 and almost zero financial IQ and ended the decade married, with children, a rental house, and a net worth over $500,000. What a ride!
Speaking of that net worth… wanna see how we did in December?
[Read more…] about Net Worth Update 25: The 2010s – In Like a Lamb, Out Like a Lion
People are weird creatures. Well, I can’t speak for you all, but I know that I am wired funky. Case in point: Nothing makes me feel better, and enjoy life more than challenging myself. Any day that I have ground myself to powder before dinner is a good day.
Recognition of this fact gives me the confidence to push my limits and reach my goals.
[Read more…] about Do the Hard Thing
The turkey is picked clean and all the leftovers are finally gone. I’ve loosened up my belt a notch or to. It must mean November has come to a close. Did we stuff our savings as much as we stuffed our faces?
[Read more…] about Net Worth Update 24: Two Years Down
I have an infatuation with real estate. I love researching and working on houses. As part of this interest, rental real estate is something I want to incorporate into our investment strategy. We currently have one rental property, which is the first home I bought and just never sold. But I want more. The “relatively passive” income from real estate is very appealing. The sooner we can get the rental snowball rolling the better the benefits will be.
I’ve been debating whether we should purchase the next one with all cash or by financing. I figured I might as well put my thought process out on the blog for transparency.
[Read more…] about Cash or Finance – How Should I Buy Rental Property?
The leaves are falling and the trick or treating is in the books. October has come and gone. Were our finances as spooky as the Halloween decorations?
[Read more…] about Net Worth Update 23: Shaking It Up
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