This Bad-@#$ Expenses Spreadsheet is My Gift to You

This Bad-@#$ Expenses Spreadsheet is My Gift to You

I’m super excited about a new expenses spreadsheet I’ve been working on that I think you’re gonna love. And this ain’t just any old expenses spreadsheet – it’s focused on your recurring expenses. If you’re like me, you’re familiar with those times when you make a big purchase and have buyer’s remorse shortly after.  It happens. But those are the easy cases – it’s a one-time purchase and it’s staring you right in the face. The tougher problems to solve are those random costs that occur on a periodic basis (every few weeks, monthly, quarterly, yearly, etc.) that are much harder to keep an eye on. We all have expenses or subscriptions that we signed up for and – meh,

Choose FI: Your Blueprint to Financial Independence

Book Review: Choose FI: Your Blueprint to Financial Independence

I don’t normally write book reviews on this blog, but I’m making an exception for the new Choose FI book.  I was expecting my opinion to sway one way with the book but my impression after reading it went in a completely different direction. Chris Mamula is the author of Choose FI: Your Blueprint to Financial Independence (along with coauthors Brad Barrett and Jonathan Mendonsa).  If you’re not familiar with Chris, he retired in 2017 at the young age of 41 (beat me by two years!).  He also spends a lot of time writing at the Can I Retire Yet? site. I met Chris at the FinCon conference in 2017 – such a nice guy!  We didn’t get a chance

My Credit Score Dropped – Should I Worry?

My Credit Score Dropped – Should I Worry?

Should I be concerned that my credit score dropped recently? I mean, after all, your credit score helps financial institutions define your reliability in the world of finance.  It’s like your report card to see how you’re doing. A great score likely means you’ll get better rates when applying for a loan.  A bad credit score usually equates to a higher rate – if you’re able to get approved at all. I’ve always maintained a good score, even when I was in deep consumer debt back in the college years.  Even though I had a lot of credit card debt, I was still paying at least the minimum every month. Back when balance transfers were big with the credit card

After 20 Years on Quicken, I’m All-In on Personal Capital

After 20 Years on Quicken, I'm All-In on Personal Capital

I’ve been using the Personal Capital financial software now for the past few years.  However, I’ve only been dipping my toes in with it… until now. Quicken’s been my go-to software for just over 20 years.  I stumbled on it back in 1999 when I first started at the career I just retired from.  I was hired in as an engineer to fight the scary Y2K bug and Intuit was giving away their Quicken 98 software for free as a fix to anyone running older versions. I decided to install the software just to toy with it.  I entered in all my accounts and ended up being appalled at what I saw.  I owed about $30k in credit card debt and just

Money Throughout My Life

Money Throughout My Life

Money.  We all know its importance or you wouldn’t be reading this post. Whether you like it or not, it’s what the world runs on.  You could opt out of playing the game and become a hobo, but there are very few of us that can live happily ever after in that position. You can’t let money rule your life, but it’s important to understand its role.  Once you can control your capital instead of it controlling you, you’re one step closer to freedom. The old adage that “money can’t buy happiness” is only partially true.  It can’t directly buy you a life of bliss, but it can buy you freedom – and that freedom can give you the opportunity

There is a Secret Formula to FI, But It Ain’t No Secret!

There is a Secret Formula to FI, But It Ain’t No Secret!

Everyone likes a secret, but a secret formula?  Even better! Now that we’re only a few months out from me quitting my job, we’re starting to share the news more with friends and family. A lot of them seem to be a little confused, but then we talk about our planned move to Panama and it takes most folks to a level beyond comprehension. Eventually though, we tend to get past that initial shock.  And then the “bold” ones out there muster up the courage to ask some questions. But most importantly, they want to know how we did it… What’s the secret formula for reaching financial independence? I think it’s a fair question. After all, people as a whole tend