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Category: Second Generation FI

Second Generation FI

Can You Add a Minor as an Authorized User on a Credit Card?

Posted on October 12, 2021 by John

Can you add a minor as an authorized user on a credit card? I can’t speak for every credit card company or circumstance, but YES,…

Second Generation FI

Why I Added My Son as an Authorized User to a Credit Card

Posted on March 6, 2020February 18, 2021 by John

​For most of my adult life, I have had good credit.  To be honest, I can’t ever remember my credit score ever being below 760…

How to be a Millionaire by 40 – Teaching Kids to Build Wealth
Second Generation FI

How to be a Millionaire by 40 – Teaching Kids to Build Wealth

Posted on February 15, 2019 by John

Are you a millionaire? At some point in the not so distant future, my wife and I will likely cross that 7 figure net worth…

Second Generation FI Rule #1 – Save 50% of Your Income
Second Generation FI

Second Generation FI Rule #1 – Save 50% of Your Income

Posted on June 22, 2018October 9, 2018 by John

Welcome to my series on – Rules for Second Generation FI. My wife and I have 3 kids and one of our goals is to…

Why I Don’t Invest in VTSAX … But My Kids Will
Second Generation FI

Why I Don’t Invest in VTSAX … But My Kids Will

Posted on December 11, 2017October 9, 2018 by John

My wife and I have been building a portfolio of dividend stocks for almost 10 years now. In that time, we have built up positions…

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