I debated quite a bit about writing this post. What makes a post on Total Wireless as a cell phone provider any better than the cable-cutting posts that you see all over the place? The last thing I want to do to you as my readers is provide a disservice by focusing too much on the small side of savings. But the more I thought about it, the more I realized that this is something that you need to be familiar with. And the reason why is because this small change can save you a ton of dough without a difference in service. Interested? You should be. I switched over a year ago and I’m just speaking from experience. I
Have you ever heard the saying “the rich get richer”? It’s the go-to cry of the American working man and woman against the inequality that seems to arise when more fortune seems to fall on the wealthy. I started thinking about that saying recently and you know what? I think it’s true. It’s not that hard to see that the middle class is slowly being squeezed out. Wages for middle-class Americans have been relatively stagnant while prices continue to rise. On the flip side, the wealth of the top 1% continues to grow to tremendously disproportionate levels. But why is that – is there a reason that the rich get richer? The more I thought about it, the more I
3 years. That’s what this blog post marks… three years of blogging on Route to Retire. For new bloggers, this might sound like a long time. However, I look at some of the others out there who have been doing this for over a decade – like J.D. Roth at Get Rich Slowly or J. Money at Budgets Are Sexy. It’s then that I realize I’m still somewhat of a rookie in the blogosphere. I’ve consistently posted a minimum of once a week (haven’t missed a week yet!) and I’ve seen a steady increase in both readers and blog income. On last year’s anniversary, I talked about what I’ve learned about blogging. That seemed to help a lot of newer bloggers out.
Thought we’d try something a little different in this post for those of you interested in the journey to FIRE (Financial Independence / Retire Early). It’s time for a little analogy on how a hero’s journey is similar to the path to FIRE! You might notice that in a good number of the hero stories and movies out there a pattern seems to take place. Well, that’s because there’s actually a twelve-step plan they like to follow. Don’t believe me? Here’s the blueprint for these important storytelling moments. No, don’t leave this post yet – I’ll go through these twelve steps with you. But more importantly, I’m going to take you through how that pattern and how it relates to the
This might be sacrilegious to say in a personal finance blog, but I’ve never really paid that much attention to my asset allocation. Yeah, yeah, quit your mumblings about what a terrible personal finance blogger I am. What it really comes down to is that I just kept saving and investing. It was as if I just kept shoveling dirt into a pile and never looked up. Then one day I looked at the pile and went, “Huh? Oh, hey, that’s pretty nice.” I built up a nice nest egg over the years by just saving and investing in a pretty haphazard way. This isn’t a horrible thing, but it’s far from the most efficient way of planning for our future.
Don’t die. But if you do, hook your loved ones up beforehand. FIRE isn’t just about your numbers – it’s also about planning for your health and well-being in general. You go through life expecting to live happily ever after… but I’m sorry to break it to you, #$%^happens. No one really wants to think about this, but it will happen to you. That’s right, you’re going to die at some point. It might be decades from now or it might be today (though I hope it’s not!), but you just never know. Regardless, if you die, your loved ones will appreciate that your affairs are in order beforehand. And here’s the thing, you can’t just consider what your spouse or