I was recently listening to a ChooseFI podcast that highlighted financial independence OG, Vicki Robin, author of Your Money or Your Life (reviewed admirably by Paula Pant). During the interview, I became fascinated her discussion of the "fulfillment curve", which is basically a graph created by Vicki and her co-author, Joe Dominguez, that maps the relationship of spending and happiness. The chart hones in on the law of diminishing returns past a certain level of consumption.Read More
Today I'm coming to you with another edition of the Friday Top Five, where I post a top 5 list, following a quick and easy set of rules:
- Items listed must be financial in nature
- I must utilize the resources myself
- Each post will focus on a different topic/category
In an effort to keep tabs of performance, I've been tracking my rental property cash flows since I started acquiring properties in early 2016. Here is where things stand through the first quarter of 2018. Feel free to jump in and take a look at the numbers.Read More
My last budget update was posted at the end of November. To get things in a more structured format (and to cater to my slight obsessively-organized nature), I've decided to begin posting these updates at the end of each calendar quarter. It's just more tidy.
That being said, the 1st quarter of 2018 is now behind us which means it's time for a check-in to see where things now stand in route to shoring up the monthly living expenses.Read More