The journey to FIRE can be an arduous path. Sometimes I struggle with the content I want to put on this blog. It’s not due to a lack of ideas, but rather a matter of wondering if the reader can relate. Some of you are just starting to get interested in the idea of financial independence. Perhaps you’re saddled with debt, but know there’s got to be a way out. Others of you are in your wealth-building stage of your […]
We’re All on the Same Journey Read More »
I’ve been a bit moody the past couple of weeks. I’ve been focusing a lot on trying to pinpoint our exact retirement date and I’ve been struggling. The problem all stems from the Roth IRA Conversion Ladder we plan to do. First off, if you’re on the path to FIRE (Financial Independence/Retire Early) and you’re not familiar with how a Roth IRA Conversion Ladder works, this could be important to you. It’s not the end-all-be-all solution, but the ladder is
The Roth IRA Conversion Ladder Dilemma Read More »
We’re in an interesting cycle of the economy right now. Things are looking good, which helps boost the value of your money. When it comes to investments, stock prices and property values are generally up. And if you’re selling, that’s a good thing. Retirees and folks selling their houses or some of their stock investments are partying it up during these times. However, if you’re still in the wealth-building phase of your life, this isn’t as exciting. Sure, it makes
What to Do with Your Money Right Now Read More »
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 of nights? This trip has been in the making for a few years. Every
Backpacking Trip… Cross It Off the Bucket List! Read More »
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
Property Management Companies – Why I’m Firing Mine Read More »
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
The 10 Commandments for Kids and Money Read More »
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
You’re Doing It Wrong! Your Personal Savings Rate Read More »
The 10 Best Financial Podcasts??? Aren’t podcasts for nerds? Who in the heck would listen to people droning on and on for an hour talk show?! A couple years ago, that’s what I was thinking. Then about a year ago, I canceled my Sirius XM radio subscription and learned something… local radio sucks. Maybe that’s not the case for all areas, but where I live in Ohio, it’s horrendous. So I was stuck. Fine, I decided, I’ll give these “podcasts”
The 10 Best Financial Podcasts Read More »
When I was younger, I used to think that a lot of the business opportunities out there weren’t for me. Maybe they weren’t worth the effort or they would take too much money to start. As I’ve gotten older (and a little smarter), I’ve realized that’s not the case. It’s simply a matter of just opening your eyes and then plucking out those opportunities. A number of years ago, I started playing FreeCell on my phone when I get a
Business Opportunities are Everywhere! Read More »
I’ve been thinking a lot about tomorrow lately and any regrets I would have if that day never arrived. There was a touchy-feely show on back in the 80’s called Highway to Heaven. I was only a kid back then, but I used to watch it all the time and I loved it. I’ll wait while you laugh at me. Yeah, well, it gets worse. I was pretty excited to see that it showed up on Netflix at some point
If Tomorrow Never Comes… Read More »
