Backpacking Trip… Cross It Off the Bucket List!

Backpacking Trip... Cross It Off the Bucket List!

I’m no Mrs. ONL when it comes to the outdoors, but I do enjoy some outdoor time when I can find it.  And there’s been one adventure that’s been on my bucket list for quite some time now. I love camping and enjoy the idea of some of the disaster preparation and survival shows.  So why not combine the two with a backpacking trip for a couple nights? This trip has been in the making for a few years.  Every year though, it seemed to fall apart for one reason or another… until this year. I went with a buddy of mine.  I thought about calling him by his first name in this post, but then I decided that might not

Property Management Companies – Why I’m Firing Mine

Property Management Companies – Why I’m Firing Mine

Ah, property management companies – the answer to anyone wanting to get into real estate without the headaches, right? The thought makes sense.  Rental properties are a great way to help diversify your investment portfolio and earn a solid cash flow. The only problem… managing the properties. Now, some folks like the idea of running the operation and handling any repairs themselves.  The good news is that they tend to make more money on their properties every month since they’re doing all the work. However, not all of us want to do this.  The other side of the coin has the masses that just want the investment for the returns it can provide. These folks want someone else to handle

The 10 Commandments for Kids and Money

The 10 Commandments for Kids and Money

When it comes to kids and money, we all want to ensure that they’ve got the greatest chance to succeed in life. We can push our kids to be smart and learn in school.  We can teach them to be good to other kids and to share. We can help them to understand that they should respect others.  We can show them good manners and how to be polite. But what about the money side of the formula?  Isn’t that important? I spend a lot of my time staring at Quicken and Personal Capital trying to plan for financial independence and early retirement. I feel very blessed that we’re in a solid position to make this happen. However, another part

You’re Doing It Wrong! Your Personal Savings Rate

You’re Doing It Wrong! Your Personal Savings Rate

Here’s the problem with calculating your personal savings rate… you’re doing it wrong! Ok, maybe you’re not, but I sure was! First off, let’s talk about what your personal savings rate is.  In essence, it’s a metric to be able to determine what percentage you’re putting away in relation to your income. In other words, it provides a good way to tell at a glance how well you’re saving. Someone might make a ton of money at his or her job, but if that person’s spending it all, it’s really all for nothing in the long run. However, someone else might not be bringing home a large salary, but if she’s stashing away a good percentage of it, she’s going