Blazing a Trail Towards Financial Independence
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
Financial responsibility is a trait that can be taught from an early age. Setting positive examples is critical to help your children begin to develop a mindset of financial responsibility that can set them up for life.
[Read more…] about How We are Teaching Our Kids to Be the Millionaires Next Door
Hi, my name is Mr. Heartland on FIRE, and I love long walks on the beach. Pretty corny, I know…. But seriously. I love walking. The beach is preferred, but totally optional.
Lifestyle optimization is a powerful tool on the path to Financial Independence (FI) . It means to focus your life’s resources (time, money, etc.) doing things you love, while trying to cut out those things you don’t.
For me, walking is one of the activities I’ve been working to incorporate more of into my life. Let me tell you why.
[Read more…] about Walk it Off