Blazing a Trail Towards Financial Independence
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
We just refinanced our house into a 15-year mortgage. We will be paying off our car loan early. The mortgage was 4% (now 3%) and the car is 2% interest. The math says that it’s usually better to invest your money than to pay off low interest loans. So what the hell are we doing?
[Read more…] about Pay Off Low Interest Debt? Why We Defy Common Wisdom
At the beginning of the year, I laid out our savings goals for 2019. Well now that we are halfway through the year… how are we doing?
[Read more…] about 2019 Heartland on FIRE Mid-Year Savings Update
We’ve reached the halfway point of 2019 and it’s that time again to check how our spending has been going so far.
[Read more…] about 2019 Mid-Year Spending Checkup
Fresh off our beach vacation, I am back at it and wanted to provide an update on our finances. Over the past several weeks, heavy rains have conspired to produce near historic river flooding on the Mississippi and Missouri Rivers near us. (Even though the river is only a few blocks away we are, thankfully, high and dry). In fact it’s pouring rain as I type this. Yikes!
It seems like every other year we have been dealing with near record floods. I know flooding levels are statistically based, but it’s incredible that we’ve had multiple “once in a lifetime” events in only a few years. Anyways, back on topic… did our net worth rise as much as the river in May?
[Read more…] about Net Worth Update 18: Rising River Edition