I’m am always taken back when I meet people who make a decent $50,000+ salary and claim it will take them 30 years to pay off their $30,000 student loans. Many of my co-workers live at home but are constantly in debt, financing Coachella tickets a year in advance, purchasing fancy Casper bed mattresses on […]
INTERVIEW WITH OUR FINANCIAL PATH
This week we have an interview with Mr. and Mrs. Xyz from the blog Our Financial Path. They are planning to retire at the age of 35 which blows my mind, and also makes me feel old and unproductive, even though I’m only 33, but seriously, 35! That’s an amazing goal, it’s great to see […]
THE GREAT FOOD CHALLENGE: UPDATE 1
For 2017 I set a financial goal to cut food expenses by 53% by purchasing more groceries, cooking at home and eating out less often, especially for lunches. By cooking larger quantities of food each night I should have enough leftovers for lunch the next day. At least once a month I will post a list of […]
HOW TO DECIDE WHEN TO SELL YOUR INVESTMENT
This guest post is by Troy from MarketHistory.org I enjoy nerding out on his site where he discusses historical and current events, news, themes, and fundamentals that impact the U.S. stock market. I asked Troy to write this piece about when to sell your stocks because it was probably this biggest lesson I learned when I started […]
ANNUITIES: DON’T BELIEVE THE LIES
Last week a family friend asked me to review her grandmother’s annuity contract, because my profession is in the realm of contract negotiations, and I nerd out on reading dense legal documents on the daily. The conversation went something like this, “Hey my mom says my grandma gets these checks every quarter for like $2,000 […]
GUEST POST: WHY BOTHER? MAKING THE ARGUMENT FOR FINANCIAL ATTENTIVENESS
Today I’m proud to publish the first guest post on Epic Quiver from Jane, the blogger behind Cash Fasting. Jane works in NYC and is currently closing in on the last $5K of her $35K student debt. Despite the high cost of living in NYC, she’s hitting a 50% savings rate by using a series […]
FIRE STORIES: FAILING YOUR WAY TO EARLY RETIREMENT
Throughout my life I been blessed to meet a multitude of financially independent early retirees far before I had ever hear of the term F.I.R.E. This is the 4th installment of a series I call F.I.R.E. Stories. The below story is about two brothers and two sisters who are married to each other. I have known […]
FINANCIAL PERFORMANCE UPDATE: 2017Q1
It’s the end of the first quarter of 2017, so I figured I would write a performance update of my financial goals for 2017. The first part of the year is starting out well with all investment goals meeting or exceeding my plans. Investing: 401(k) I made the decision to max out my pre-tax 401(k) by […]
EXPLOITING MARKETING PROMOS FOR QUALITY FURNITURE
We finally bought new furniture that was long overdue. These were purchases we had been delaying for over a year and a half until they were absolutely necessary. Our couch was made of patent leather and had been deteriorating for about 10 months and our dining room table and chairs were leftovers from my bachelor […]
F.I.R.E. STORIES: THE ROAD LESS TRAVELED
During my multi-year stint of wondering the globe after college, I met a plethora of financially independent individuals who learned how to get through life on their own terms and make a prosperous living. This is the third story in the F.I.R.E. story series. Three of my all-time favorite books are The Tao of Pooh […]
F.I.R.E. STORIES: LESSONS LEARNED FROM THE CARNIVAL
When I graduated with my bachelor’s degree I thought I was hot shit and anyone who didn’t have a bachelor’s degree was a loser and not going to go far in life. Then I moved out of the United States and was quickly bitch-slapped back to reality that education doesn’t equate to success, high incomes, […]
F.I.R.E STORIES: A MODERN DAY ROBIN HOOD
I weaved an anklet onto my right leg while traveling through India and Nepal back in 2007. This coming June will be 10 years from when I tied this thing on. I have kept this anklet strapped to my leg as a reminder of my ultimate goal, to grow my investments to the point where […]
YES YOU CAN TIME THE MARKET: SECRET TOOLS OF AN ACTIVE DAY TRADER
I was asked today by a friend whether it was a good time to invest or if it would be best to wait for a lower price. I told her “you can’t time the market, just get in when you have the money to invest, set it and forget it” and don’t worry about potential […]
MY CURRENT STOCK PORTFOLIO
After several years of blindly guessing what stocks and mutual funds to invest in, I decided to take control of my portfolio. In 2015 I set out to educate myself on the stock market, I took several day trading classes and even hired a full-time mentor for a year. I now feel more empowered than […]
WHEN DOES A PRIVATE JET MAKE FINANCIAL SENSE?
Private jets are not just for celebrities, CEOs and billionaires with too much money and looking to save time out of their busy schedules. They can also be a great way to save thousands of dollars in the right scenario. Six months ago I almost signed up for a private jet membership between Los Angeles […]
ABANDON THE SHOPPING CART: SAVE THOUSANDS ONLINE
For 2017 I started practicing checkout delay when online shopping as part of my cost cutting initiatives. I later found out marketing companies have a term related to this behavior called shopping cart abandonment which is used by consumer behavior research companies to track lost sales revenue due to customers leaving a website without completing […]
THE SECRET FINANCES OF SURFERS
My sports of choice are surfing, skating and snowboarding. If I had the opportunity to be a professional surfer, getting paid to travel and play in the ocean every day, I would drop everything and switch careers right now. Life is better in boardshorts than a suit and tie, and who doesn’t want to spend […]
MY 4 YEAR ADVENTURE AS A PEER 2 PEER LENDER
In early 2012 the Sharing Economy and crowdsourcing communities were just gaining moment and my job at the time was to hunt down emerging technology trends and identify opportunities utilize the technologies or business models within our space exploration research and development labs where we built unmanned robotic spacecraft. We tested any and every idea […]
THE GREAT FOOD CHALLENGE: UPDATE 2
For 2017 I set a financial goal to cut food expenses by 53% by purchasing more groceries, cooking at home and eating out less often, especially for lunches. By cooking larger quantities of food each night I should have enough leftovers for lunch the next day. At least once a month I will post a list of […]
TWO CENTS GUEST INTERVIEW AT CASH FASTING
Today I was interviewed by Jane for the Two Cents: Q&A section of Cash-Fasting. Below is a short snippet please click over to read the entire interview at cash-fasting.com Welcome back to Two Cents, a Q&A series that reveals how individuals of different ages, cities, and professions feel about their current financial situation. Stuart is the blogger behind […]
TOP 6 ESCAPE PLANS TO PEACE THE F OUT TOMORROW
This week I was able to congratulate two close friends on becoming debt free! This is the most important step towards financial independence. Being debt free opens up a huge world of opportunities to live your life to the fullest and gives you a sense of control over your life. No longer are you an […]
FINANCIAL MAGIC: SAVING MONEY IN YOUR BUDGET
I always enjoy a good magic trick full of illusions meant to deceive our brains and entertain us. As you might have figured out from a few of my posts, I’m like scheming up plans to hiding money from myself through subtle life hacks like tax withholdings, multiple bank accounts, piggy banks, etc. Today, let’s […]
HOW I TOOK BACK CONTROL OF MY RETIREMENT PLAN
Two years ago I became the antagonists of all retirement accounts. I had contributed the standard 8% to my company’s 401(k) plan for the last several years to get the company match, but over time I grew more and more frustrated with the confusing mutual fund options that never really told you what the hell […]
