Whether it be via podcasts, websites, events, blogs or local meetups, I find myself constantly digging deeper into the early financial independence mindset and community. And I love it! The message of this group resonates with me, and I want to build upon and share it with everyone that I know. But being so ingrained, sometimes I forget that not everyone is into this movement. If fact, very people are. Only 7.96% of the U.S. population under the age of 50 would consider themselves retired (or more importantly, able to step away from their job).Read More
Filtering by Category: Financial Independence
Since the beginning of the year, I've been all-in on bettering my understanding of credit card rewards. This falls in line with my somewhat unhealthy infatuation of the role finances can play in life optimization. How can one get the most bang for their buck, especially with those same dollars they would normally already spend on a day-to-day basis?Read More
If you know me, or have visited my website, I'm sure have grown to realize that I am a supersized advocate for passive income. I believe that growing a diversified balance of income streams will set the foundation for financial independence more quickly than savings and traditional investing alone. The concept is not hard to understand for most, but implementation and knowing where to begin in this path can pose a challenge. So today, that's exactly what we're going to address. I will highlight some different methods of passive income investing in addition to the pros and cons, and possible barriers to entry for each product.Read More
Financial Independence Retire Early (F.I.R.E.). Have you heard of this expression before?
There is a growing population in the United States (and abroad) that is striving for financial independence well before the average retirement age of 63 (sometimes even before 30!). For some, early financial independence occurs as a product of business success, a large inheritance, winning the lottery, etc. (not necessarily planned). But for this growing F.I.R.E. community, early financial independence is a very deliberate and strategic goal. Within this group, the phrase Financial Independence Retire Early has become somewhat of a mantra and/or rallying cry.Read More