Did you know you can actually sell your poop for money?! I know, it sounds gross. OK, it is gross. But it’s actually part of a pretty cool advanced medical process called fecal microbiota transplantation (FMT). Being a stool donor can earn you thousands of dollars each year while also helping sick people! Now before we get bogged down in the details, let’s get
How Covid Is Changing Americans’ Retirement Plans
Happy Monday! Who’s ready for kick-ass week? 🙋🏼♀️🙋🏽🙋♂️ I’ve been reading a survey conducted by our friends over at Personal Capital that reveals some interesting info about how covid has affected people’s retirement plans. Some of the results are a little scary (like ~30% of people tapped
Is It a Mistake to Pay Off Your Mortgage Early?
My friend Christine just reached a pretty huge financial milestone… She and her husband have paid off their mortgage and now own their home free and clear! Woohoo! This is a life goal many of us strive for, so you’d think everyone would be helping her celebrate. But instead, she’s been receiving some interesting and discouraging feedback! Here’s her story ... ***** My
Why My FIRE Number Keeps Changing
My wife and I discovered the FIRE movement about three years ago. We’ve always been decent budgeters, savers, etc., but three years ago was when it really clicked for us… “We can retire early!” It all came down to us figuring out our “FI number” and realizing it was reachable in our 40s. Why the 4% Rule for Retirement Doesn’t Always Work Most FIRE enthusiasts follow the 4%
1 in 10 People in the U.S. Have Missing Money. Here’s How to Claim Yours.
Hey money lovers!!! I just learned about an AWESOME website that helps you find unclaimed money that is owed to you! Maybe this is old news for some of you, but this is the first time I’d ever heard of it. Searching last night I found more than four hundred dollars in missing funds and payments for some of my friends and family!!! (Sorry for all the exclamation marks, I’m
How Big Should an Emergency Fund for a Rental Property Be?
I got the following note from a reader the other day... “Joel, I noticed you keep a big emergency fund for your rental property. 2 questions for you... 1) It seems like you have too much cash because shouldn’t you only need 3-6 months of mortgage payments as a cash reserve? 2) Also why do you keep this emergency fund separate from your personal emergency fund?” Great
Net Worth Report #5 – “Man Alive!”
"Most millionaires measure their success by their net worth, not by their realized income. For the purposes of wealth building, income doesn’t matter that much. Once you’re in a high-income bracket, say $100,000 or $ 200,000 or more, it matters less how much more you make than what you do with what you already have." This snip is from one of my all time fav books, The
Gamify Your Money Goals with These 8 Fun Saving Challenges!
Buenos días, amigas dinero! Some of these money saving challenges might seem simple and silly… But, that’s the whole point! It’s a scientific fact that you are 72% more likely to achieve your financial goals if you structure them as a fun and childish game. (And by “scientific fact”, I really mean that I just made this up in my head right now, but it seems legit
How I Went Mining and Made My Wife’s Unique Engagement Ring (The Best $1,390 I’ve Ever Spent)
Inside: See how one guy used a bit of creativity and elbow grease to create a one-of-a-kind Montana sapphire engagement ring. Last year we did a post about engagement rings and held a few competitions for the cheapest ring, the most expensive, the oldest ring, and funny marriage proposal stories! (winners were announced here) I also promised to share the story about my
Would You Accept a Car as a Gift? Asking for a Friend …
Hypothetically, let’s say you know a guy who owns a 2010 Prius. The car is mechanically reliable, fully paid off, and lightly used. Then one day, this hypothetical guy gets a phone call from his wife’s parents ... They want to buy him and their daughter a new car, free and clear, as a gift. This gift car would be larger than the Prius, have more modern and awesome features,
