Blog
Page 12 of 20461 posts
2018
Healthcare Myths Are Keeping You Broke
The intersection of medicine and personal finance is vast. Mismanaging healthcare costs can lead to dying poor in America, or even worse, being a hundred an...
Back of the Napkin
There is no question that I live in a world of numbers. I am constantly making calculations in my head throughout the day. Whether it is how many miles my ...
You Can’t Commoditize Time
Time is money, and money is time. Right? At least that is what the financial independence community espouses as the main thrust of pursuing FI. There is a...
The Inverted Mastery Cycle and the Money Making Fallacy
If you couldn’t tell from the last few blog posts, I think that some of our young people, in regards to career, have lost their way. There is a new emphasis...
Building a Perpetual Money Machine
You too can have a perpetual money machine, but you have to build it. There are no short cuts. There are no easy pathways short of speculation. Whether in...
Career Speculation Is A Risky Path to Financial Independence
We all know that when it comes to financial independence, it is better to concentrate more on investment and less on speculation. This path to financial fre...
When it Came to Bad Habits, Food Was My Money
I am lucky. In fact, when it comes to finances, the only reason I’m not a moron is that I was born to good parents. They taught me both didactically and by...
Wealthy and Frugal
Having a high W2 wage has allowed my family many extravagances not afforded to your average employee. For instance, we rarely get granular about our non bud...
A Life Without FI
Have you ever seen the movie Sliding Doors? The plot centers around a protagonist who stumbles to catch a train, and then the story line bifurcates into two...
Is Paying For Financial Advice a Luxury?
I have gleefully retold the story of why I fired my previous financial advisor. On the other hand, I have also memorialized the loss of a friend who was my ...
How I Measure Net Worth
It is clear from previous posts that I think money goals are more often rabbit holes than helpful. This push away from numbers has led to a certain degree of...
Market Apathy and the Magic of Uncorrelated Returns
I have a confession to make. I suffer from market apathy. My days of checking the stock ticker have slipped to the wayside. I used to care. I used to ...
Money Goal or a Rabbit Hole?
There is no question that I sometimes eschew some basic personal finance principles. I generally feel that we are kidding ourselves with the safe withdrawal...
The Case Against Side Hustles
As many of you know, I am a big fan of side hustles. I see them as a financial independence superpower that not only leads to increased revenue and diversif...
Side Hustles Come in Three Flavors
It is no secret that I have a ridiculous love affair with side hustles. This love affair started in childhood with rank speculation and has grown over the y...
Financial Independence is a Lever
Do you love your job? My bet is that most people answer *no* to this basic question. Yet, one of my parent’s financial legacies to me is that they not only...
Third Generation FI
I have been thinking and talking a lot lately about financial modeling behavior for the next generation and financial independence legacies. So it hit me li...
Money Is An Intermediary
We often have a problem with words in the English language. This is no more apparent than when we in the financial independence community talk about retirem...
Are You A Good Financial Model?
In the last post, I talked about my financial independence legacy that was passed down from my parents. I have also written extensively before about how I h...
My Financial Independence Legacy
I am a product of those who came before me. I am second generation FI. My peculiar way of looking at finances, and my path to financial freedom have grown ...
Downsizing to Early Retirement
The term downsizing is usually used in reference to trading a larger house for a smaller one. This makes sense to your average FI minded individual who sees...
Falling Off the Time Money Continuum
We need to let go, we need to fall off.
Reframing Struggle
I have done quite a bit of thinking about reframing in my life. I touched on this briefly in my post about reframing sacrifice as hustle. Reading over Dr. ...
The Difference Between Investment and Speculation
There are very few concepts that define more clearly the path to long lasting wealth than understanding the difference between investment and speculation. O...