Why You Truly Need to Get Out of Debt

Why You Truly Need to Get Out of Debt

It’s nothing new to hear that if you’re in the red, you should make it a priority to get out of debt. Let’s face it, debt sucks.  We all know it, but here in the U.S., we just can’t seem to stay away from it. NerdWallet states that the average household that has credit card debt is carrying a balance of $15,654… ouch. And that doesn’t even count other forms of debt – mortgages, car loans, student debt, etc. Ok, so what?  Is it really that big of a deal? If you’re in debt now and you’re reading blogs like Route to Retire, chances are you’re already working on digging yourself out. However, I implore you to push yourself to

So You Wanna Write a Book? Maybe I Can Help…

So You Wanna Write a Book? Maybe I Can Help…

Ever had that thought periodically running through your mind to write a book?  I sure did. Then one day I just decided to do it. I had some great ideas to write a book based on technology.  I’ve been in the IT field as a systems engineer and now the engineers’ manager for almost 20 years now. However, my thoughts for the book were actually focused more on the simpler stuff that family and friends were always asking me about. So I put together an outline and wrote a book about it that was published in 2007.  It went better than I anticipated and I learned quite a bit about how the process works. Then, I had another idea for

When It Comes to Personal Finance… I Don’t Know It All

When It Comes to Personal Finance… I Don’t Know It All

For a guy that’s beat the odds and made it to that fancy millionaire status, you’d think I’d know most – if not everything – when it comes to personal finance.  But here’s something that’s probably not much of a shocker… I don’t.  Not even close. When I first started this blog in May of 2015, I thought I was so smart when it came to finances.  Maybe not exactly a financial genius per se, but perhaps one smart cookie might be a better phrase? However, the longer I’ve been on the path to FIRE, the more I realize that I don’t know it all.  In fact, I’ve come to the revelation that I’m in the company of folks far

How to Pay Yourself First

How to Pay Yourself First

Pay yourself first.  I’m sure we’ve all heard it a million times.  It’s simple and to the point.  If you want to build up your wealth, you need to pay yourself first. When I was a teenager, that mantra was something my grandfather used to preach to me repeatedly.  He was truly an inspiration to me – he retired when he was in his mid-forties and lived to be in his mid-nineties.  So when he would tell me something, I would pay attention. But, I didn’t really fully get it.  Pay yourself first? I mean I understood the idea that the more money you saved, the further ahead you would be.  However, if you had bills to pay, you had bills

A Fun Interview on Our Plans to Move to Panama

A Fun Interview on Our Plans to Move to Panama

Hey everyone – I just wanted to let you know that Laurie at The Three Year Experiment recently invited me to be interviewed on her series, “Location Independent, International Jobs.” I was excited to say yes and she hit me with all kinds of great questions (both financial and otherwise) regarding our plans to move to Panama in a couple years. Among other things, we talked about working or not working, schooling for my daughter, costs of living, and of course the great food! I think you’ll really enjoy the interview as we go into a number of points I haven’t discussed yet on this site. Please check it out and let me know what you think… Location Independence, International Jobs: Jim

What if Moving to Panama Sucks?

What if Moving to Panama Sucks?

If you’re a regular follower of my blog, you know we’re moving to Panama in 2020 – Boquete, Panama to be specific. I’ll be quitting my job at the end of 2019 and then getting everything prepared and ready to go while my daughter finishes her fourth-grade year of school. To say we’re excited would be an understatement.  In the blink of an eye, everything’s changing.  We’ll have vast new territory to explore and no 9-5 jobs getting in the way of making it happen. I have that perfect vision in my head about us all having breakfast together in the morning before my daughter heads off to school.  Then my wife and I spend some time taking a nice