Over the past weekend, I found another reason not to own a car … or 2 cars in our case. We are making monthly payments on 2 vehicles right now. Our oldest is a family van that we are very close to paying off … only 9 more months. This vehicle was financed at 75 […]
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As we head into the final stretch of 2018 … it is now time to start making plans for 2019 and our personal finances. This year (2018) was the first time ever that my wife and I fully optimized our income to reduce our federal taxes. Based on current tax laws, we were able to […]
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For the past 3 to 4 years, my wife and I have been tracking our family’s net worth here on The Money Sprout. At first, we tracked our net worth once every 3 months or so. Then about 2 years ago, we decided to get serious about reaching financial independence (FI) and started tracking it […]
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Often times when we hear the word “diversification”, we tend to think only about our stock portfolio and other investments … myself included. But have you ever given a thought about diversification when it comes to earning income? Personally, I believe that having a multiple streams of income is just as important as a having […]
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At the conclusion of every month, I publish an update of our dividend income portfolio. This portfolio of “mostly awesome” stocks currently consists of 35+ publicly traded companies and is part of our long term financial independence (FI) plan. One day in the future, my wife and I plan to use our dividend income stream […]
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