Education

Is It Possible to Reach Financial Independence with Kids?

Is It Possible to Reach Financial Independence with Kids?

33 Comments / Kids, Education, Financial Independence / Retire Early (FIRE) / By /

When I set out on this journey toward financial independence, I knew I had some work to do.  I started out with around $30k of credit card debt and didn’t know anything worthwhile on how to make it happen. I even bought into one of those late night real estate scams on how to get rich.  I wasted some of my hard-earned money late in my college years thinking that was the way to go… it wasn’t. Eventually, I got on track.  I read as many books as I …

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Think About Working for Yourself

Think About Working for Yourself

17 Comments / Self-Employment, Education, Financial Independence / Retire Early (FIRE), Motivation / By /

When I was coming back from vacation last week, our seating got a little screwed up.  Long story short, I ended up sitting next to a lady in her mid-fifties from Alberta, Canada instead of sitting by my wife and daughter.  We got to talking and had some really good conversation throughout the flight.  At one point, I mentioned something about my 9 to 5 job and she chuckled.  It turns out she’s a consultant and speaker on business efficiency.  And she talked about …

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The Steps to Wealth

The Steps to Wealth

27 Comments / Debt, Education, Financial Independence / Retire Early (FIRE), Investments, Motivation, Real Estate, Saving, Spending / By /

I just finished reading The Richest Man in Babylon.  I had a lot of recommendations to read this and I’ll tell you that, for as old as this book is (originally published in 1926!!), the content still holds strong.  Great book if you’re trying to find your way to wealth.  There is some very sound advice that stands the test of time, such as saving at least 10% of what you make and that you can live off your income, but you …

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Just One Thing...

Just One Thing…

10 Comments / Education, Financial Independence / Retire Early (FIRE), Investments, Motivation, Real Estate, Saving, Self-Employment, Spending / By /

If you’re reading this article, you’re probably someone interested in or already on the way to the world of financial independence.  Regardless of why you’re here, I think we all know some of the basics of reaching that goal: Get out of debt ASAP – This is the #1 step that needs to be done… and this refers to bad debt like credit cards, car payments, etc.  This does not necessarily mean good debt like mortgages on rental property that serve as assets helping to provide you with cash …

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The 3 Simple Rules of Investing

Why I Changed the Funds in My 401(k)…

6 Comments / Education, Financial Independence / Retire Early (FIRE), Investments / By /

I love reading.  I’ve always been a bookworm and, although I don’t have the time I used to, I still read quite a bit.  I actually find myself reading more nonfiction than fiction, but I love a good fiction book as well.  Recently though, I read a financial book that’s stuck in my head… and I’m not sure whether that’s a good or bad thing, but it made me question my retirement funds. The book I finished reading is The 3 Simple Rules of …

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What Are You Reading?

6 Comments / Education, Financial Independence / Retire Early (FIRE), General Thoughts / By /

I read… a lot. I’m usually a non-fiction kind of guy because I enjoy learning (I’m an odd-bird!). However, I do slip in some fiction every now and again just to change things up.  With a five-year old daughter, I don’t get as much reading done as I would like, but I cram in the reading whenever I can. I also think that the Kindle E-reader is one of the greatest products on the planet. I have a ton of books on there, …

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Why the Education System is Broke

Why the Education System is Broke

8 Comments / Education, Financial Independence / Retire Early (FIRE), Kids / By /

So yesterday one of my friends that I currently work with came into my office to talk business (as well as to chit-chat a little bit).  In the midst of our conversation, he mentioned how his young twin boys are starting to understand the general concept of working. As a side note, he’s the only one at my office who really knows about this site (and he reads it)… so he’s probably going to throw a rock at me for bringing him into a …

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