Why Early Retirement Isn’t for Everyone

In what has proven to be my most popular post to date, I wrote about why frugal living isn't always everything. And now I am going to say early retirement isn't for everyone? Am I just trying to confuse you all!? Far from it. Although I know I can't please everyone, and while I am still all about starting the FIRE, I do think it's good to cover all my bases. In other words, I like…

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Net worth Report: Better Than Broke, and Still Improving

If you were hoping this would be a post where I wouldn't feel the need to mention my student loans, you are mistaken. After all, net worth is calculated by subtracting what is owed from what is owned. Hence, you could have $1 million in assets, but if you have $1.5 million worth of debt, of course, you still have a negative worth. Despite my frugal ways, I've had a negative net worth for most…

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5 Ways My Relationship with Money Has Changed

I'd like to talk about some of the ways my relationship with money has changed. Each one of us could potentially have a vastly different relationship with money, depending on a lot of different factors. Money is a funny thing, actually. Unless you are completely self-sufficient and can produce everything you use and consume, you probably need money. That is money at its most basic level; a medium of exchange. If you want something, you…

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How to Spend Less Money: Change Your Mindset

If you're on the path to financial independence, a large part of that is probably determining how to spend less money. After all, reducing expenses has the potential to fast-track your path to FI. Related: Quick Tips to Save Money But before I dive deeper into that concept, let me ask you a question... How many women do you know who have a diamond ring? It may seem like that question came out of nowhere,…

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Emergency Funds Are a Must. Do You Have One?

So, in this post, I mentioned emergency funds, and I've been meaning to write a separate post about them. That's because everyone - or at least every household - should have one. And yet, as I mentioned in my introductory post,  most Americans have less than $1,000 in savings. That is scary. I mean, it seriously worries me for the sake of all the people out there who fall into this demographic. Emergency funds aren't about reaching financial…

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Why You Shouldn’t Be Gambling Away Your Chance at Financial Freedom

Sure, I've been to Vegas. And I'm not about to suggest that you say no if your friends invite you on a trip there for a few days. We all need to have some fun every now and then, right? Why not have fun by doing some gambling!? I've written before about how financial independence can really enrich your life. Why side track those goals by feeding a slot machine? The biggest problem with gambling…

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