[Mornin’ y’all! Got an awesome (and funny!) guest post today from personal finance legend Pete over at Do You Even Blog. Pete talks about the “Buy It for Life” Movement and why spending just a little more money on higher quality stuff ends up saving you more in the long run. Enjoy!] ***** “Excuse me, sir, is this your child?” she asked. I’m kneeling down in the middle
MASSIVE NEWS —> Goodbye, and Thank You.
Good morning everyone!!! Got some big news to share… I'm Taking a Sabbatical… I’ve written 172 articles for this blog in the past couple years, and there’s 1 overarching theme I hope has shined through… It’s that life is more important than money. That being said, there’s no better time to practice what I preach and disconnect from work for a few months while I shuffle
2021 Annual Review and ROI of My Rental Property
Yo, yo! Good morning, peeps! I just got my annual profit and loss statement for our rental duplex, and thought I’d share last year‘s results with you. **Spoiler alert**… After all calculations, we made only $89 in cash flow + loan paydown, but the property appreciated about $46k last year. In total, our ROI was about 42% for 2021. Every year around tax time I do a full
10 Millionaire Spending Habits — How Do You Compare?
Comparing yourself to others is harmful and self-destructive. But LET’S DO IT ANYWAY haha!! 🤣 Because it can also be very fun and interesting. Though seriously, when we look at others, we usually see the best version of them and compare it with an average version of ourselves. It’s unfair and inaccurate. So keep this in mind as you read through the below stats.
Let Your Frugal Flag Fly! 6 Reasons Being Frugal Is Cool 😎
I spotted a killer deal at the grocery store the other day… These Bitchin' Chipotle Sauce things are usually $7-8 each at Costco… but I found them for only $1 at the 99c store! Woohoo! After stacking about 15 into my shopping cart, I took a celebratory photo and sent it to my wife… She was very proud, having taught me most of the deal-hunting tricks I use today. I
I Feel Awkward Receiving Gifts … Time to Get Over It? 🤷♂️
I haven’t told many people this, but my wife decided she wants to go back to grad school and finish off her masters in special ed. Her plan is to continue working full time as a teacher during the day, plus take on a full schedule of graduate classes at night. Crazy, I know! But it’s also very inspiring… Because she doesn’t need more schooling (she doesn’t even really
Net Worth Report #17 “Dancing Queen” (Down $35,583) 👎
Happy Friday, money nerds! I was chatting with a friend the other day about publishing net worth reports online each month... He was like, ”Dude! That’s a dumb idea because what if the stock market crashes and you lose a whole bunch of money publicly? Wouldn’t you be really embarrassed?“... I can understand why he thinks this way – after all, the main mission of this blog
Side hustles and second jobs – are they even worth it?
I was recently discussing side hustles with a friend, who was considering starting a small business alongside her day job. This topic has been discussed over and over within the FI world, and with good reason: side hustles are both interesting and a chance to make some extra moolah! But I've always had a love/hate relationship with the idea of side hustles. Often I hear
When the Stock Market Is CRASHING… What Should You Do?!?!?
Do nothing. Stay the course. **End of post!** 🤣 Just kidding. My editor won’t let me publish a 5-word post (even though “do nothing” really is the simplest answer to the question), so I’d better add some color commentary… When the stock market is crashing —> you should do nothing. I suspect that many of you already know this. But, even though you know it,
“Enjoy the Pilgrimage as Much as the Destination”
[I love hearing how people’s FIRE journeys twist and turn over time. Today’s guest post is from Olaf, a.k.a. the “Mile High Finance Guy” who shares his story and some epiphanies during his pursuit of financial independence. My fav part is Olaf’s overarching conclusion: “Enjoy the pilgrimage as much as the destination.”] ***** Hi world, I'm Olaf. I am the Mile High
