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Heartland on FIRE

Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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Net Worth Update 16: Double Trouble

April 4, 2019 by Mr. Heartland on FIRE

Well March was an interesting month. As it turns out the “Madness” was not limited to the hardwood. While everyone had their bracket busted, we nearly busted our bank account!

[Read more…] about Net Worth Update 16: Double Trouble

Filed Under: FI Progress, Savings, Uncategorized Tagged With: credit card fail, financial spring cleaning, net worth update, Slow Carb Diet, weight loss fail

The Economics of a Backyard BBQ

March 28, 2019 by Mr. Heartland on FIRE

The smell of the grill, the sounds of kids playing and birds chirping. Who doesn’t love a good backyard BBQ? If you stop and take a moment to think about the financial aspect of a BBQ you just might love them even more. In fact, a BBQ can help you and your friends save a boatload of money!

[Read more…] about The Economics of a Backyard BBQ

Filed Under: Cost Cutting, Lifestyle Improvement, Smart Spending, Uncategorized Tagged With: Dining out vs. BBQ, lifestyle optimization

Make Risky Moves with Little Actual Risk

March 21, 2019 by Mr. Heartland on FIRE

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

Filed Under: Lifestyle Improvement, Savings, Smart Spending, Uncategorized Tagged With: Start a business without leverage, Take the sting out of failure, Taking risks with little risk, The advantages of hobbies

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.

[Read more…] about Give Your Kids’ Finances an Unbeatable Head Start

Filed Under: Annual Planning, FI Progress, Retirement, Savings, Uncategorized Tagged With: 529 vs ESA, Custodial Account, Saving for Your Kids, UGMA, UTMA

Net Worth Update 15: Lying Groundhog Edition

March 7, 2019 by Mr. Heartland on FIRE

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

Filed Under: FI Progress, Uncategorized Tagged With: FI progress, found money, net worth update, tax refund, travel hacking win

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?

[Read more…] about Spring Cleaning for Your Finances

Filed Under: Annual Planning, Savings, Smart Spending, Uncategorized Tagged With: Clean Up your Finances, Declutter Your Finances, Get your Financial House in Order

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