Though I have written in some detail about our desire to downsize (minimize) our possessions, my goal is not to become a minimalist. In fact, I do not believe that the concept of minimalism is all that helpful in our path towards financial independence and early retirement. “Minimalism” to me is a negative term. Nobody … Continue reading Be sensible, not minimal – why minimalism sucks
If you like to learn (and since you’re reading this blog, the answer is definitely “YES”), then grade school was where it was at. It seems like with the passing of each grade, us studious young human beings took the knowledge and experience acquired over the past year and used it to shape the next. We grew, … Continue reading What grade school teaches us about our future
When you’re working full-time and bringing in $100,000 a year, a $100-spot probably doesn’t seem like all that much. Heck, it doesn’t even represent 1% of your income. You can easily drop $100 on a nice dinner these days. Or a new pair of kicks. Us “professionals” spend $100 like it’s going out of style. … Continue reading How to make $100 worth a whole hell of a lot
In the beginning of 2015, things were humming along normally. The market was doing well, just like it had been since 2012. We were enjoying solid monthly increases to our net worth on the order of $15k to $30k some months. We were set to retire by the end of 2016, thinking that we’d have more … Continue reading Despite market losses, we’re up over $150k in 2015
As you probably know by now, I’m a bit of a saver. In fact, over the past year I have turned into a turbo-saver by throwing every last dollar that I can into savings in preparation for the ever-sweet departure date at the end of 2016. In October, I maxed out my 401k and Roth IRA … Continue reading I have maxed out my 401k and Roth IRA, so now what?
I received an email a couple weeks ago from a reader who expressed disbelief that my “retirement account” (read: investments) grew by a whopping $120k this year – and the year isn’t even over, yet. I love this email. It gives me the opportunity to point out how powerful a high savings rate can be … Continue reading Email from a reader: Your retirement account grew by $120,000 in 2015? Bull!
I’ve written in some detail about the mistakes that I’ve made in my past. Cars, unfortunately, are included in that list (and perhaps the biggest part), and cars also happen to be one of the more significant drains on people’s pocketbooks.
It sure as hell was for me. The cash that I’ve dropped over the years for automobiles has me literally cringe every time that I think about it. I now realize that, had I been more sensible with my automotive purchases throughout my years living and breathing on this earth, I’d probably be another hundred thousand up in the ol’ net worth by now.
But hell, I can’t dwell on it now. Mistakes were made. I’m not perfect. Life goes on. Continue reading “Bye bye Honda Ridgeline; will I miss you?”
Just seconds ago, my wife messaged me with delightful financial information – her company-sponsored 401k retirement account has finally, after months of flirting with the magical 6-figure amount, finally crested the $100k mark.
And you know what? That rocks. It rocks so hard that I can hardly contain myself. Continue reading “My wife just made $100k her bitch”
Let’s face it – the large majority of Americans know how to retire young. Most of us know that to retire significantly before our 60s, we must save our money rather than spend it. Ultimately, it is the accumulation of wealth that enables us to quit our jobs and live out the rest of our lives in jobless bliss. Truthfully, this isn’t rocket science.
Many-a-finance article, especially through our mainstream media, publish seemingly helpful tips and techniques to help you retire before you hit 60. Things like savings and investing in the stock market, utilizing your company’s 401k plans, generally not spending on shit that nobody really needs. Same stuff, different day…over and over again. Almost never anything new. Continue reading “Want to retire young? Believe it or not, you already know how it is done”
If you are anything like me, you are constantly on the lookout for ways to save money that will make a difference, but also aren’t hard. Now that we’ve whittled our budget categories down to where we think they should be (at least until our next budget checkpoint in a few months), I’ve been looking for little things that can help our savings grow.
My goal is to spend nothing, 0, zipola on weekdays when I’m stressed and more likely to buy things I shouldn’t. We do our shopping deliberately on weekends with lists to prevent bad spending (intermittent spending, anyone?).
Here is a list of things I came up with that you can try to save money on any typical workday. Can you think of any others? Continue reading “10 Things You Can Do Today (or any workday) to Save Money Now!”