Our journey to Financial Independence
The Old Way The term PPU (Porch Pick Up) is about 10 years old. You likely have some experience with garage sales. I shopped them on Saturday mornings with my parents when I was a kid. People haul their unwanted stuff into their yard and garage, price items and let the mayhem begin. Or at … Read more
In the last article I analyzed homeownership affordability in the last decade and compared US affordability data to the rest of world. This article takes a deeper dive by examining a home purchase decision through the lens of a FIRE-seeker vs. Conventional path. Focusing on which ratio is best when determining your borrowing limit. Let’s … Read more
Housing is a significant financial decision. It is the largest expense for most people and a current hot topic. We have seen a dramatic rise in average price over the last few years. Is homeownership worth it now that prices in America have surged? In this article I examine house affordability over the last 10 … Read more
Are you proactive or reactive? In this article I highlight growth mindset and proactive practices to goal formation. You will learn my process through a recent career experience. It begins with confidence in yourself to try new things. Without confidence, you remain reactive – allowing life to happen to you. Let’s dive into these two … Read more
This is a story from my life – my 500k lesson. It is accurate to the best of my recollection. Let the Good Times Roll The year was 2006. Graduated from college a couple years prior, married one year and working in retail banking. Average job, average income, average life. Student loan debt, apartment life, … Read more
DIY home improvement – save money and learn new skills. We live in an amazing time. Information is at our fingertips with key supplies and tools easily delivered in a day. We have numerous opportunities to learn new things. Sometimes we take those opportunities, sometimes we don’t. I’ve developed a philosophy over the last few … Read more
“Keeping up with the Joneses” – (idiom) to show that one is as good as other people by getting what they have and doing what they do. Merriam-Webster dictionary I can relate to this. In my high school years I was so focused on what other people thought of me. I remember spending my first … Read more
3 minute read Entertainment expense varies widely by individual and family. How you spend your leisure time is a very personal decision. What are your hobbies? What interests do you have? Some considerations: Friends – What are your friend’s entertainment activities? Family – What does your immediate and extended family do for entertainment? Background/heritage – … Read more
4 minute read We have a heritage of higher education with all four of our parents possessing at least an undergraduate degree. That’s a bunch of expensive framed paper nailed to the wall. We all worked hard for those achievements. Those degrees represent a lot of time spent pursuing academics. This post is not intended … Read more
3.5 minute read Financial problems are the number one cause of marital discord and divorce in this country. This statistic could be improved through better communication and planning. When two people aren’t on the same page, have different goals, or no goals, there will be problems. Resentment, bitterness and revenge simmer and boil over into … Read more