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Blazing a Trail Towards Financial Independence

Blazing a Trail Towards Financial Independence

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personal finance

Heartland on FIRE 2020 Mid-Year Spending Update

July 8, 2020 by Mr. Heartland on FIRE

The saga that is 2020 has reached the mid-point. In a year where nothing is what we thought it would be at the start of the year, we take a look back to autopsy the first half. So let’s crack this corpse open and see what’s inside.

[Read more…] about Heartland on FIRE 2020 Mid-Year Spending Update

Filed Under: Annual Planning, Cost Cutting, Smart Spending, Uncategorized Tagged With: Household Spending, personal finance

Net Worth Update 30 – Max Q

June 4, 2020 by Mr. Heartland on FIRE

Max Q is a state in the aerospace industry where a rocket reaches its maximum dynamic pressure. It puts the rocket at the very edge of its design capacity. In some respects, May felt that way. There was (and still is) a lot going on. There is never a dull moment! With that in mind, how did we do?

[Read more…] about Net Worth Update 30 – Max Q

Filed Under: DIY, FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, Net Worth, personal finance

Net Worth Update 29: Bizarro World

May 7, 2020 by Mr. Heartland on FIRE

This year seems like an extended episode of the Twilight Zone. Every day something new and extremely weird seems to crop up. Often times things seem to be completely out of sync. Take the stock market for instance: the economy is essentially frozen, millions upon millions are unemployed, people aren’t paying rent and there is an oil price war… yet the market surged upward in April. With that in mind, how did we do?

[Read more…] about Net Worth Update 29: Bizarro World

Filed Under: FI Progress, Retirement, Savings, Uncategorized Tagged With: Investment Performance, net worth update, personal finance

Net Worth Update 28: March Madness

April 2, 2020 by Mr. Heartland on FIRE

Wow. Where to begin? March felt more like a year in and of itself. If it was a roller coaster, we’d have thrown up and been begging to get off… and that was only after the first couple weeks. Truly, the world will be a different place after this month. Putting aside the global pandemic, open ended quarantines, the unprecedented cessation of the economy, and burgeoning unemployment rate, how did our finances do in March?

[Read more…] about Net Worth Update 28: March Madness

Filed Under: Annual Planning, DIY, FI Progress, Savings, Smart Spending, Uncategorized Tagged With: Investment Performance, Monthly Savings, Net Worth, personal finance

Net Worth Update 27: Throwing it in Reverse

March 5, 2020 by Mr. Heartland on FIRE

February had a wild finish. Lot’s of moving pieces and, of course, the market dropped like a rock. How are we handling the market correction?

[Read more…] about Net Worth Update 27: Throwing it in Reverse

Filed Under: Annual Planning, DIY, FI Progress, Savings, Smart Spending Tagged With: net worth update, personal finance, Savings

Our 2019 Personal Finance Scorecard and 2020 Money Goals

January 23, 2020 by Mr. Heartland on FIRE

If it’s January, then it must be time to check on our previous year’s savings goals and set new ones. There was a lot going on last year. Through it all did we remain on target or did we miss the mark?

[Read more…] about Our 2019 Personal Finance Scorecard and 2020 Money Goals

Filed Under: Annual Planning, Cost Cutting, DIY, Savings, Smart Spending Tagged With: financial goals, Financial Independence, passive income, personal finance, Savings

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