Have you ever received a large amount of money, let’s say from a paycheck, and then realized it was all gone within the blink of an eye? If so, you’re not alone. The world we live in has been designed to get money from your bank account into someone else’s bank account with as little […]
Category Archives: Get Out of Debt
On your path to financial freedom, it’s crucial that you eliminate bad assets and bad debt. If you don’t, then you’ll be on a never-ending cycle of underwater loans and missed financial gains. In this article, you’ll learn how to easily differentiate between good and bad assets and debts. Afterwards, you’ll be able to eliminate […]
According to a recent study of 10,000 millionaires, three things millionaires have in common are they set clear money goals, make a budget and consistently stick to their budgets. In fact, the vast majority of millionaires budget every month and 93% of them stick to the budgets they make. Millionaires have made a habit of […]
In my last post, I gave you the tools you need to determine how long it will take you to retire early. Then, I summarized four financial levers you could pull to speed up your time to early retirement. Now, I want to dive even deeper into the best financial changes you can make to […]
The early retirement movement is on FIRE in 2019. Every day there’s a new article posted online about financial independence and early retirement, also known as FIRE. According to the Social Security Administration, the normal retirement age in the U.S. is 67 years old. Using that definition, we can define the age of early retirement […]
Did you know the average net worth for people living in the U.S. is $692,100? If you’re thinking that sounds high, then you’re right. I mean, I don’t know very many people with a $700K net worth. The average net worth is misleading because the numbers are skewed by the ultra-wealthy. A better statistic to […]