Blog

How to Save Money by Using a Data Room For Your Tax Papers

Enough being short on funds Well, maybe you already know how to save your hard-earned, but still being short on funds.  It could be that you simply have too much money to save. You may not be able to get a loan to purchase some kind of additional item, like a sofa or perhaps even a TV, but you might still be able to save some money on a garage door. It is possible to save money on things like that by reorganizing your workspace. Let’s say you need to move your computer desk. Do you get rid of it? Maybe. Perhaps you could just make…

Continue reading

A couple of Life Hacks To Save Money being on a low budget

Life hacks to save money are here The first step is to find a way to budget your money. If you just leave it all at the bank, you are looking at future interest charges which are outrageous. It is true you could spend your money on whatever you want, but that is not the way of the future. Let’s make sure we use what we have available. The first step is to write down a personal budget and stick to it. You can’t save if you have no idea where your money is going. And if you don’t know where your money is going, you aren’t spending it wisely. Think about the high-interest credit…

Continue reading

I’m Retiring Today!

  I’ve finally made the decision.  I’m retiring!  Time is precious.  It’s a scarce resource we can never get more of.  Many people (and it’s hard to argue) consider time to be the currency of true wealth, and the ability to spend it how we want as the ultimate luxury.  There are so many important things I want to spend time on that I have to be ruthless in how I allocate my time “spending”. So I’ve decided to stop working on this blog!   I’ve…

Continue reading

Inspiration for This Blog

Why does someone start blogging about financial independence?  Most people seem to start blogging because they become so immersed in their goal of financial independence that it becomes a big focus of their lives.  They constantly think about it and naturally gravitate to writing in the FIRE (financial independence, retire early) community.  In some cases, this evolves into a side business based on this passion.  In my case, it was a bit different.  I didn’t start blogging…

Continue reading

There are Many Flavors of Investing. Find your Favorite.

  This post is for those earlier in their financial independence (FI) journey who have graduated from a focus on paying down debt, building a small emergency fund and getting any employer 401K contribution match (if you’re lucky enough to get this), and are now faced with the nice problem of figuring out where to invest the extra income each month.   This is typically a time of anxiety.  You feel like you’re putting your hard-earned money…

Continue reading

One of the best reasons to pursue early financial independence

  There are many benefits to becoming financially independent (FI).   Duh, you say?   Well, yes, it’s pretty obvious that the freedom of not being dependent on a job to pay for your lifestyle is pretty great for a lot of reasons.  You can find top 10 and other such lists of these reasons on the internet with a quick search.   But these lists tend to be matter-of-fact and obvious.   If you’re…

Continue reading

Growing our wealth while paying expenses and not having a job.

  Decumulation is the technical term for spending down one’s assets. It’s the opposite of the accumulation phase of building up those assets.  So typically it’s the point at which you transition from your job income that is both paying your living expenses and allowing you to save money, to where your savings now need to pay for your living expenses.  Your net worth slowly declines as you spend the money you saved.  It’s a stark transition…

Continue reading