Today I’m getting slightly off track because I need to rant and, well, it’s my blog so I’m going to go for it! Ok, first off, maybe four weddings is an exaggeration… I have three to go to in the next month. And maybe it’s not really going to be my funeral, but it sure feels like it! Here’s the problem… Wedding number one is out-of-town – it’s in the big city… New York City. I hate the big city. […]
Four Weddings and Maybe My Funeral… Read More »
If you’re reading this right now, you’re most likely either looking for a way to retire early or you already have a plan in place. Either way, the thought repeatedly comes to my mind of ways to make retiring early happen even sooner. I run an interesting gamut of being frugal with most things but still splurging by taking cruises and other fun vacations on a regular basis. It drives me nuts to waste money on things I have the ability
Should You Compromise Your Lifestyle to Retire Even Earlier? Read More »
My grandfather used to always say “When everyone’s running in one direction, you should be running in the other.” Well, this past week was a great opportunity to follow that advice and pick up some new dividend stocks. When the stock market started to drop, people started to panic… everyone and their brother was hurrying to sell what they could before “they lost it all.” The media hyped it up even more and got people even more worried. The good news is
Dividend Stocks on Sale!! Read More »
When I was in my twenties, I had this vision that I would be very rich. Rich, rich, rich!! I thought I needed to have all the money in the world if I was ever going to be done working. I mean, how else can you retire if you aren’t rich and sipping champagne on a yacht near your own private island in the Caribbean somewhere??!! Now, although that vision coming to fruition would be great, it took me until the past
You Don’t Need to be Rich to be Financially Independent!! Read More »
The majority of my net worth is tied up in my 401(k). The reason, if you remember, is that my employer gives me an unlimited 35% match on my plan. This makes it hard to pass up the free money. However, it makes it a lot harder to get to that money when retiring early. When I was younger, I really just planned on having millions… being rich would just carry me into retirement. However, after digging more into things
How to Access Your 401(k) Money Penalty-Free Read More »
As my brother and I got older, we both gained a good understanding of how important money really is in our society. We both made sure that we worked our way up into solid-paying jobs and we continue to pull in more income where possible. He went after and gained his real estate license on top of his regular career to help bring in additional money. I went the landlord route to chase after long-term cash flow. However, we like to laugh at how
Save It All… or Spend It All? Read More »
I’ve been trying to figure out a good place to retire that’s not, well… Ohio!! I’ve lived in Ohio for most of my life and it’s done well for me, but why live in a place that ever snows?!! The answer is simply that I have roots here… friends, family, stable job, and so on. Pulling the trigger to move out of your comfort zone is a tough thing for most of us to do. And the problem is that once you have kids, they start
Is Panama the Right Place to Retire? Read More »
As I continue to build up some passive income to help carry me once I retire, I’m taking a second look at dividend stocks. If you’ve read some of my previous posts, you know that I think rental property can be an important part of your portfolio, but I don’t want to solely count on that for passive income. I’m not completely new to dividend stocks, but I’m definitely not the expert. I look at Jason at Dividend Mantra and
Make Dividend Stocks a Part of Your Portfolio Read More »
Well, I’m about to hit the big FOUR-OH this month. Happy birthday to me! 🙂 So with that, I thought it would be a good opportunity to share my goals and plans I have for the next ten years. If you’ve read my “about” page (Time to Make the Donuts), you know that my goal is to retire at (or hopefully before) the age of 50. To some of you that might seem like a pretty good feat, and to others, it might seem like
Happy 40th Birthday to Me!!! Read More »
I think about money and retirement a lot. I believe it’s important that we communicate with one another to share our thoughts on money with friends. This can help you determine if you’re on the same track as your peers or to learn ideas that can help you save or generate more money. Discussing money can help you to brainstorm financial problems that you might otherwise not have figured out on your own. So why is it that my friends
Why You Need Financially Smart Friends Read More »
